Vault-13

GRAHAM HLDGS CO GHC

COM CL B · Common Stock · CUSIP 384637104 · ISIN US3846371041

Diversified American conglomerate

271 institutional holders +19 vs Q3 2022
3,049,3173.0m shares reported held*
$1.8bnreported value*
35 new 83 added 86 reduced 17 sold out net sold ≈ $20.3m (-33.5k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $602.14.

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 252Q4 22: 271271Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022252
Q4 2022271

Biggest buyers

Assenagon Asset Management S.A. New +21,688+21.7k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP New +17,243+17.2k
BlackRock Inc. Added +16,638+16.6k
MILLENNIUM MANAGEMENT LLC Added +12,410+12.4k
CITADEL ADVISORS LLC Added +10,954+11.0k
DIMENSIONAL FUND ADVISORS LP Added +8,470+8.5k
MORGAN STANLEY Added +7,268+7.3k
HRT FINANCIAL LP Added +6,495+6.5k
Graham Capital Management, L.P. Added +5,599+5.6k
Russell Investments Group, Ltd. Added +5,465+5.5k

Biggest sellers

SOUTHEASTERN ASSET MANAGEMENT INC/TN/ Reduced -139,685-139.7k
HighTower Advisors, LLC Reduced -10,834-10.8k
Madison Avenue Partners, LP Reduced -8,337-8.3k
GOLDMAN SACHS GROUP INC Reduced -7,657-7.7k
Nuveen Asset Management, LLC Reduced -6,526-6.5k
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Reduced -4,060-4.1k
St. James Investment Company, LLC Sold out -3,606-3.6k
SG Americas Securities, LLC Reduced -3,012-3.0k
ENVESTNET ASSET MANAGEMENT INC Reduced -2,529-2.5k
Bronte Capital Management Pty Ltd. Reduced -2,482-2.5k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution filed 2025-04-29 11.7% 397.1k≈ $453.3m 2025-04-29
Madison Avenue Partners, LP 13G · passive investor new · filed 2026-08-14 7.5% new 246.4k≈ $281.2m 2026-08-14
DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2026-01-21 7.0% 237.6k≈ $271.2m 2026-01-21
VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 5.2% new 175.5k≈ $200.3m 2026-04-29
VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 5.0% new 170.9k≈ $195.1m 2026-04-30

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)

Insider purchases and sales in Q4 2022

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q1 21: 0 buyingQ1 21: 0 sellingQ2 21: 0 buyingQ2 21: 0 sellingQ2 21Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 3 buyingQ4 21: 1 sellingQ4 21Q1 22: 0 buyingQ1 22: 0 sellingQ2 22: 0 buyingQ2 22: 0 sellingQ2 22Q3 22: 1 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20210—0——
Q2 20210—0——
Q3 20210—0——
Q4 20213$105.6k1$77.4k—
Q1 20220—0——
Q2 20220—0——
Q3 20221$55.6k0——
Q4 20220—0——

None reported in Q4 2022.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 466,106466.1k $281.6m $281.6m 0.01% Added +16.6k +16,638
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 366,892366.9k $221.7m $221.7m 0.01% Added +4.3k +4,264
3 DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio AUSTIN, TX 294,532294.5k $178.0m $178.0m 0.06% Added +8.5k +8,470
4 Madison Avenue Partners, LP 21.45% of their portfolio NEW YORK, NY 200,384200.4k $121.1m $121.1m 21.45% Reduced -8.3k -8,337
5 Wallace Capital Management Inc. 16.10% of their portfolio DALLAS, TX 170,057170.1k $102.8m $102.8m 16.10% Reduced -2.1k -2,066
6 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 131,812131.8k $79.6m $79.6m 0.00% Added +2.2k +2,156
7 SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 2.45% of their portfolio MEMPHIS, TN 115,733115.7k $69.9m $69.9m 2.45% Reduced -139.7k -139,685
8 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 69,91269.9k $42.2m $42.2m 0.01% Added +2.4k +2,432
9 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 68,00068.0k $41.1m $41.1m 0.01% Reduced -834 -834
10 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 57,08657.1k $34.5m $34.5m 0.01% Reduced -7.7k -7,657
11 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 54,72754.7k $33.1m $33.1m 0.01% Reduced -640 -640
12 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 47,37747.4k $28.6m $28.6m 0.01% Reduced -777 -777
13 Capital Research Global Investors 0.01% of their portfolio Los Angeles, CA 45,00045.0k $27.2m $27.2m 0.01% Unchanged
14 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 44,89244.9k $27.1m $27.1m 0.01% Reduced -2.0k -1,959
15 NORGES BANK 0.01% of their portfolio OSLO, Q8 38,63638.6k $23.3m $23.3m 0.01% Added +4.5k +4,500
16 THOMPSON SIEGEL & WALMSLEY LLC 0.34% of their portfolio RICHMOND, VA 34,58634.6k $20.9m $20.9m 0.34% Reduced -1.6k -1,561
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 31,33131.3k $18.9m $18.9m 0.00% Added +7.3k +7,268
18 SEIZERT CAPITAL PARTNERS, LLC 0.99% of their portfolio BIRMINGHAM, MI 30,95731.0k $18.7m $18.7m 0.99% Reduced -1.3k -1,284
19 ACADIAN ASSET MANAGEMENT LLC 0.09% of their portfolio Boston, MA 29,40129.4k $17.7m $17.7m 0.09% Added +3.5k +3,534
20 Bronte Capital Management Pty Ltd. 2.00% of their portfolio Bondi Junction, C3 26,22926.2k $15.8m $15.8m 2.00% Reduced -2.5k -2,482
21 AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio Greenwich, CT 26,18026.2k $15.5m $15.5m 0.04% Added +2.1k +2,124
22 LONDON CO OF VIRGINIA 0.08% of their portfolio RICHMOND, VA 23,22223.2k $14.0m $14.0m 0.08% Reduced -793 -793
23 PATHSTONE FAMILY OFFICE, LLC 0.06% of their portfolio ENGLEWOOD, NJ 22,03422.0k $7.2m $7.2m 0.06% Reduced -186 -186
24 Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio ST. PETERSBURG, FL 21,84021.8k $13.2m $13.2m 0.03% Added +348 +348
25 Assenagon Asset Management S.A. 0.05% of their portfolio SENNINGERBERG, N4 21,68821.7k $13.1m $13.1m 0.05% New
26 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 21,44721.4k $13.0m $13.0m 0.02% Reduced -1.3k -1,295
27 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 19,97120.0k $12.1m $12.1m 0.00% Reduced -1.7k -1,721
28 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 19,74019.7k $11.9m $11.9m 0.01% Added +11.0k +10,954
29 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 17,24317.2k $10.4m $10.4m 0.01% New
30 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 16,98917.0k $10.3m $10.3m 0.00% Reduced -6.5k -6,526
31 GAMCO INVESTORS, INC. ET AL 0.10% of their portfolio GREENWICH, CT 15,90115.9k $9.6m $9.6m 0.10% Reduced -775 -775
32 State of Alaska, Department of Revenue 0.12% of their portfolio JUNEAU, AK 15,70915.7k $9.5m $9.5m 0.12% Added +4.7k +4,677
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 15,50415.5k $9.4m $9.4m 0.00% Reduced -351 -351
34 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 15,06315.1k $9.1m $9.1m 0.01% Added +12.4k +12,410
35 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 14,92514.9k $9.0m $9.0m 0.01% Reduced -786 -786
36 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 13,43613.4k $8.1m $8.1m 0.01% Added +76 +76
37 Brandywine Global Investment Management, LLC 0.06% of their portfolio PHILADELPHIA, PA 13,12913.1k $7.9m $7.9m 0.06% Reduced -423 -423
38 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 10,20010.2k $6.2m $6.2m 0.01% Reduced -698 -698
39 GABELLI FUNDS LLC 0.04% of their portfolio Rye, NY 9,4009.4k $5.7m $5.7m 0.04% Reduced -150 -150
40 Swiss National Bank 0.00% of their portfolio ZURICH, V8 9,4009.4k $5.7m $5.7m 0.00% Added +100 +100
41 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 9,2439.2k $5.6m $5.6m 0.00% Added +3.2k +3,203
42 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 9,2359.2k $5.6m $5.6m 0.00% Reduced -10 -10
43 Grantham, Mayo, Van Otterloo & Co. LLC 0.03% of their portfolio Boston, MA 9,1589.2k $5.5m $5.5m 0.03% Added +1.6k +1,590
44 Robeco Institutional Asset Management B.V. 0.02% of their portfolio ROTTERDAM, P7 8,8688.9k $5.4m $5.4m 0.02% Added +3.4k +3,360
45 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 8,7758.8k $5.3m $5.3m 0.01% Added +5.5k +5,465
46 AMERICAN INTERNATIONAL GROUP, INC. 0.03% of their portfolio New York, NY 7,6827.7k $4.6m $4.6m 0.03% Reduced -165 -165
47 HRT FINANCIAL LP 0.07% of their portfolio NEW YORK, NY 7,4827.5k $4.5m $4.5m 0.07% Added +6.5k +6,495
48 VELA Investment Management, LLC 2.11% of their portfolio NEW ALBANY, OH 7,0577.1k $4.3m $4.3m 2.11% Added +1.3k +1,349
49 Man Group plc 0.01% of their portfolio LONDON, X0 6,8776.9k $4.2m $4.2m 0.01% Reduced -69 -69
50 DENALI ADVISORS LLC 1.65% of their portfolio SAN DIEGO, CA 6,5106.5k $3.9m $3.9m 1.65% Reduced -600 -600
51 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 6,3606.4k $3.8m $3.8m 0.01% Added +726 +726
52 ALGERT GLOBAL LLC 0.21% of their portfolio SAN FRANCISCO, CA 6,2226.2k $3.8m $3.8m 0.21% Unchanged
53 Graham Capital Management, L.P. 0.14% of their portfolio ROWAYTON, CT 6,0576.1k $3.7m $3.7m 0.14% Added +5.6k +5,599
54 Legal & General Group Plc 0.00% of their portfolio London, X0 5,8075.8k $3.5m $3.5m 0.00% Added +34 +34
55 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 5,6895.7k $3.4m $3.4m 0.01% Added +2.6k +2,583
56 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 5,4875.5k $3.3m $3.3m 0.01% Reduced -220 -220
57 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 5,3785.4k $3.2m $3.2m 0.01% Reduced -396 -396
58 Markel Group Inc. 0.04% of their portfolio Glen Allen, VA 5,2005.2k $3.1m $3.1m 0.04% Unchanged
59 LEE DANNER & BASS INC 0.29% of their portfolio NASHVILLE, TN 5,1005.1k $3.1m $3.1m 0.29% Unchanged
60 Retirement Systems of Alabama 0.01% of their portfolio MONTGOMERY, AL 5,0595.1k $3.1m $3.1m 0.01% Reduced -18 -18
61 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 5,0255.0k $3.0m $3.0m 0.01% Added +4.8k +4,810
62 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 4,8474.8k $2.9m $2.9m 0.00% Added +6 +6
63 Lafayette Investments, Inc. 0.80% of their portfolio ASHTON, MD 4,6764.7k $2.8m $2.8m 0.80% Reduced -20 -20
64 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 4,4964.5k $2.7m $2.7m 0.00% Added +1.2k +1,225
65 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 4,4194.4k $2.7m $2.7m 0.00% Added +913 +913
66 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 4,3704.4k $2.6m $2.6m 0.00% Reduced -55 -55
67 Autumn Glory Partners, LLC 1.40% of their portfolio DALLAS, TX 4,3424.3k $2.6m $2.6m 1.40% Added +2.2k +2,171
68 MetLife Investment Management, LLC 0.02% of their portfolio Whippany, NJ 4,2744.3k $2.6m $2.6m 0.02% Reduced -109 -109
69 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 4,2484.2k $2.6m $2.6m 0.00% Unchanged
70 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio Los Angeles, CA 4,0704.1k $2.5m $2.5m 0.01% Reduced -4.1k -4,060
71 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 4,0654.1k $2.5m $2.5m 0.01% Reduced -210 -210
72 NISA INVESTMENT ADVISORS, LLC 0.02% of their portfolio ST. LOUIS, MO 4,0654.1k $2.5m $2.5m 0.02% Added +4.0k +4,000
73 SYNOVUS FINANCIAL CORP 0.03% of their portfolio Columbus, GA 3,9634.0k $2.4m $2.4m 0.03% Unchanged
74 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 3,9043.9k $2.4m $2.4m 0.00% Reduced -11 -11
75 Mraz, Amerine & Associates, Inc. 0.55% of their portfolio Modesto, CA 3,8893.9k $2.3m $2.3m 0.55% Added +71 +71
76 Cohen Klingenstein LLC 0.12% of their portfolio NEW YORK, NY 3,7903.8k $2.3m $2.3m 0.12% Unchanged
77 JUPITER ASSET MANAGEMENT LTD 0.03% of their portfolio London, X0 3,6063.6k $2.2m $2.2m 0.03% New
78 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 3,6043.6k $2.2m $2.2m 0.01% New
79 West Family Investments, Inc. 0.72% of their portfolio CARLSBAD, CA 3,4753.5k $2.1m $2.1m 0.72% Unchanged
80 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 3,4703.5k $2.1m $2.1m 0.00% Added +1.9k +1,903
81 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 3,3223.3k $2.0m $2.0m 0.01% Reduced -1.6k -1,613
82 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 3,2813.3k $2.0m $2.0m 0.01% Added +2.9k +2,850
83 Bridgewater Associates, LP 0.01% of their portfolio Westport, CT 3,2543.3k $2.0m $2.0m 0.01% Reduced -1.6k -1,576
84 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 3,1993.2k $1.9m $1.9m 0.00% Reduced -10 -10
85 WINTON GROUP Ltd 0.13% of their portfolio LONDON, X0 3,1643.2k $1.9m $1.9m 0.13% Added +95 +95
86 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.02% of their portfolio New York, NY 3,1543.2k $1.9m $1.9m 0.02% Added +36 +36
87 BEACON INVESTMENT ADVISORS LLC 1.51% of their portfolio Gaithersburg, MD 3,0013.0k $1.8m $1.8m 1.51% First filing
88 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,9893.0k $1.8m $1.8m 0.00% Added +1.2k +1,234
89 Insight Inv LLC 1.77% of their portfolio EL SEGUNDO, CA 2,9112.9k $1.8m $1.8m 1.77% Added +185 +185
90 MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio BOSTON, MA 2,7962.8k $1.7m $1.7m 0.03% Added +95 +95
91 Roundview Capital LLC 0.19% of their portfolio PRINCETON, NJ 2,7502.8k $1.7m $1.7m 0.19% Unchanged
92 HUSSMAN STRATEGIC ADVISORS, INC. 0.26% of their portfolio ELLICOTT CITY, MD 2,6002.6k $1.6m $1.6m 0.26% Reduced -500 -500
93 TEXAS PERMANENT SCHOOL FUND CORP 0.02% of their portfolio AUSTIN, TX 2,5802.6k $1.6m $1.6m 0.02% Reduced -214 -214
94 AMALGAMATED BANK 0.01% of their portfolio NEW YORK, NY 2,5712.6k $1.6m $1.6m 0.01% Added +20 +20
95 TBH Global Asset Management, LLC 0.37% of their portfolio Brentwood, TN 2,4872.5k $1.5m $1.5m 0.37% Reduced -27 -27
96 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 2,4472.4k $1.5m $1.5m 0.00% Added +2 +2
97 Bleakley Financial Group, LLC 0.05% of their portfolio PARSIPPANY, NJ 2,4262.4k $1.5m $1.5m 0.05% First filing
98 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 2,4112.4k $1.5m $1.5m 0.00% Added +513 +513
99 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 2,3472.3k $1.4m $1.4m 0.01% Added +356 +356
100 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,2642.3k $1.4m $1.4m 0.00% Added +1.1k +1,071