13F Portfolios

Madison Avenue Partners, LP: GRAHAM HLDGS CO (GHC): Quarterly 13F Position History

As of Q1 2026, Madison Avenue Partners, LP reported 245,829 shares of GRAHAM HLDGS CO (GHC), worth $259.9M and representing 11.3% of its 13F equity book. The position first appeared in Q1 2020 and has been disclosed across 25 13F-HR filings in Pactolio's tracked window.

Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 25 quarter s

Quarter Shares QoQ Share Change Share Change (%) Market Value Weight Implied Price
Q1 2026 245,829 0 $259.9M 11.3% $1057.3
Q4 2025 245,829 0 $270.1M 11.6% $1098.6
Q3 2025 245,829 +558 +0.2% $289.4M 17.3% $1177.3
Q2 2025 245,271 0 $232.1M 15.5% $946.2
Q1 2025 245,271 +10,000 +4.3% $235.7M 20.0% $960.9
Q4 2024 235,271 0 $205.1M 21.7% $871.9
Q3 2024 235,271 +1,787 +0.8% $193.3M 17.9% $821.7
Q2 2024 233,484 +22,767 +10.8% $163.3M 20.6% $699.5
Q1 2024 210,717 +1,316 +0.6% $161.8M 26.1% $767.7
Q4 2023 209,401 0 $145.9M 20.6% $696.5
Q3 2023 209,401 +8,917 +4.4% $122.1M 17.3% $583.0
Q2 2023 200,484 +100 +0.0% $114.6M 25.0% $571.5
Q1 2023 200,384 0 $119.4M 25.7% $595.8
Q4 2022 200,384 8,337 -4.0% $121.1M 21.4% $604.2
Q3 2022 208,721 +2,984 +1.5% $112.3M 24.1% $538.0
Q2 2022 205,737 +4,779 +2.4% $116.6M 23.9% $566.8
Q1 2022 200,958 +24,441 +13.8% $122.9M 22.9% $611.5
Q4 2021 176,517 +20,754 +13.3% $111.2M 24.1% $629.8
Q3 2021 155,763 +27,718 +21.6% $91.8M 20.3% $589.2
Q2 2021 128,045 +17,847 +16.2% $81.2M 24.2% $633.9
Q1 2021 110,198 3,610 -3.2% $62.0M 19.0% $562.4
Q4 2020 113,808 +49,507 +77.0% $60.7M 22.1% $533.4
Q3 2020 64,301 +11,429 +21.6% $26.0M 9.3% $404.1
Q2 2020 52,872 +27,186 +105.8% $18.1M 7.1% $342.7
Q1 2020 25,686 $8.8M 4.3% $341.2

Methodology & FAQ

How This Position History Is Sourced

Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.

When did Madison Avenue Partners, LP first disclose a GHC position in 13F-HR filings?

Madison Avenue Partners, LP first reported GRAHAM HLDGS CO (GHC) on its 13F-HR filing for the period ending 2020-03-31 (Q1 2020). The position has appeared on 25 reported quarters within Pactolio's tracked window.

What was Madison Avenue Partners, LP's most recent quarter-over-quarter share-count change in GHC?

Madison Avenue Partners, LP held the same 245,829 shares of GHC between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.

Does the implied price-per-share represent Madison Avenue Partners, LP's cost basis in GHC?

No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.