MILLER VALUE PARTNERS, LLC: GRAY MEDIA INC (GTN): Quarterly 13F Position History
As of Q1 2026, MILLER VALUE PARTNERS, LLC reported 5,370,100 shares of GRAY MEDIA INC (GTN), worth $23.3M and representing 6.1% of its 13F equity book. Quarter-over-quarter share count change: + 1,381,605 (+34.6%) . The position first appeared in Q2 2023 and has been disclosed across 12 13F-HR filings in Pactolio's tracked window.
- 5,370,100Shares Held (Latest Filing)
- $23.3MReported Market Value (Latest Filing)
- 6.1%Portfolio Weight (% of 13F Equity Book)
- +1,381,605Quarter-over-Quarter Share Change
- +$4.0MQuarter-over-Quarter Value Change
- 5,370,100Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 12 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 5,370,100 | +1,381,605 | +34.6% | $23.3M | 6.1% | $4.3 |
| Q4 2025 | 3,988,495 | +430,280 | +12.1% | $19.3M | 6.8% | $4.8 |
| Q3 2025 | 3,558,215 | 89,590 | -2.5% | $20.6M | 7.6% | $5.8 |
| Q2 2025 | 3,647,805 | +70,015 | +2.0% | $16.5M | 7.0% | $4.5 |
| Q1 2025 | 3,577,790 | +193,340 | +5.7% | $15.5M | 7.0% | $4.3 |
| Q4 2024 | 3,384,450 | +1,926,330 | +132.1% | $10.7M | 4.6% | $3.1 |
| Q3 2024 | 1,458,120 | +685,995 | +88.8% | $7.8M | 4.4% | $5.4 |
| Q2 2024 | 772,125 | +282,937 | +57.8% | $4.0M | 2.6% | $5.2 |
| Q1 2024 | 489,188 | +85,140 | +21.1% | $3.1M | 2.0% | $6.3 |
| Q4 2023 | 404,048 | +70,260 | +21.0% | $3.6M | 2.2% | $9.0 |
| Q3 2023 | 333,788 | +156,398 | +88.2% | $2.3M | 1.5% | $6.9 |
| Q2 2023 | 177,390 | — | — | $1.4M | 0.9% | $7.9 |
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 MILLER VALUE PARTNERS, LLC first disclose a GTN position in 13F-HR filings?
MILLER VALUE PARTNERS, LLC first reported GRAY MEDIA INC (GTN) on its 13F-HR filing for the period ending 2023-06-30 (Q2 2023). The position has appeared on 12 reported quarters within Pactolio's tracked window.
What was MILLER VALUE PARTNERS, LLC's most recent quarter-over-quarter share-count change in GTN?
Between Q4 2025 and Q1 2026, MILLER VALUE PARTNERS, LLC added 1,381,605 shares of GTN (+34.6%), bringing the total reported position to 5,370,100 shares at a market value of $23.3M.
Does the implied price-per-share represent MILLER VALUE PARTNERS, LLC's cost basis in GTN?
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.