GRAHAM HLDGS CO

Ticker: GHC CUSIP: 384637104 Class: Common Stock

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (42)

HUSSMAN STRATEGIC ADVISORS, INC.
Value ($000) $2,307 Shares 2,100
Baker Ellis Asset Management LLC
Value ($000) $681 Shares 620
Versor Investments LP
Value ($000) $488 Shares 444
Legato Capital Management LLC
Value ($000) $564 Shares 513
Fieldview Capital Management, LLC
Value ($000) $263 Shares 239
Allspring Global Investments Holdings, LLC
Value ($000) $11,998 Shares 11,035
TWO SIGMA SECURITIES, LLC
Value ($000) $226 Shares 206
MIRABELLA FINANCIAL SERVICES LLP
Value ($000) $271 Shares 247
ARISTEIA CAPITAL, L.L.C.
Value ($000) $646 Shares 588
XTX Topco Ltd
Value ($000) $250 Shares 228
TUDOR INVESTMENT CORP ET AL
Value ($000) $2,014 Shares 1,833
BALYASNY ASSET MANAGEMENT L.P.
Value ($000) $1,841 Shares 1,676
Beacon Pointe Advisors, LLC
Value ($000) $512 Shares 466
CITADEL ADVISORS LLC
Value ($000) $3,692 Shares 3,361
DRW Securities, LLC
Value ($000) $220 Shares 200
ARMISTICE CAPITAL, LLC
Value ($000) $299 Shares 272
CAPSTONE INVESTMENT ADVISORS, LLC
Value ($000) $731 Shares 665
HSBC HOLDINGS PLC
Value ($000) $892 Shares 815
Swiss Life Asset Management Ltd
Value ($000) $344 Shares 313
SageView Advisory Group, LLC
Value ($000) $102 Shares 93

Increased Positions (100)

Insight Inv LLC
Value ($000) $3,552 (+10.2%) Shares 3,233 (+18.1%)
SOUTHEASTERN ASSET MANAGEMENT INC/TN/
Value ($000) $39,243 (-5.7%) Shares 35,721 (+1.0%)
Edgestream Partners, L.P.
Value ($000) $10,186 (+292.7%) Shares 9,272 (+320.9%)
Integrated Quantitative Investments LLC
Value ($000) $1,718 (+82.2%) Shares 1,564 (+95.3%)
Eagle Strategies LLC
Value ($000) $2,794 (+16.3%) Shares 2,544 (+24.6%)
Susquehanna Portfolio Strategies, LLC
Value ($000) $4,023 (+94.4%) Shares 3,662 (+108.3%)
Bayforest Capital Ltd
Value ($000) $281 (+23.1%) Shares 256 (+32.0%)
Abel Hall, LLC
Value ($000) $394 (+45.0%) Shares 359 (+55.4%)
FIRST TRUST ADVISORS LP
Value ($000) $93,296 (+24.8%) Shares 84,923 (+33.7%)
CBOE Vest Financial, LLC
Value ($000) $6,303 (+37.3%) Shares 5,737 (+47.1%)
TBH Global Asset Management, LLC
Value ($000) $2,494 (-4.9%) Shares 2,270 (+1.9%)
Palisade Asset Management, LLC
Value ($000) $525 (+36.4%) Shares 478 (+46.2%)
Linden Thomas Advisory Services, LLC
Value ($000) $2,857 (-3.5%) Shares 2,601 (+3.4%)
Qube Research & Technologies Ltd
Value ($000) $12,494 (+85.5%) Shares 11,373 (+98.8%)
MILLENNIUM MANAGEMENT LLC
Value ($000) $15,928 (+58.9%) Shares 14,498 (+70.3%)
VANGUARD GROUP INC
Value ($000) $374,448 (-3.6%) Shares 340,841 (+3.3%)
Costello Asset Management, INC
Value ($000) $182 (+8.3%) Shares 166 (+16.1%)
Verition Fund Management LLC
Value ($000) $1,029 (+176.7%) Shares 937 (+196.5%)
ALGERT GLOBAL LLC
Value ($000) $2 (+185.5%) Shares 1,486 (+205.8%)
GEODE CAPITAL MANAGEMENT, LLC
Value ($000) $95,778 (-3.2%) Shares 87,169 (+3.7%)

Decreased Positions (108)

Wallace Capital Management Inc.
Value ($000) $172,555 (-9.7%) Shares 157,068 (-3.2%)
VELA Investment Management, LLC
Value ($000) $5,404 (-33.6%) Shares 4,919 (-28.9%)
Caitlin John, LLC
Value ($000) $7 (-99.5%) Shares 6 (-99.5%)
AlphaQuest LLC
Value ($000) $600 (-77.8%) Shares 546 (-76.2%)
Norman Fields, Gottscho Capital Management, LLC
Value ($000) $1,548 (+81887.7%) Shares 1,409 (-12.2%)
STEINBERG ASSET MANAGEMENT LLC
Value ($000) $1,616 (-8.6%) Shares 1,471 (-2.0%)
Harrington Investments, INC
Value ($000) $1,967 (-8.3%) Shares 1,790 (-1.8%)
Lafayette Investments, Inc.
Value ($000) $4,714 (-7.9%) Shares 4,290 (-1.3%)
DELPHI MANAGEMENT INC /MA/
Value ($000) $1 (-8.0%) Shares 1,364 (-1.4%)
HENNESSY ADVISORS INC
Value ($000) $10,313 (-12.3%) Shares 9,387 (-6.0%)
INTECH INVESTMENT MANAGEMENT LLC
Value ($000) $4,080 (-48.9%) Shares 3,714 (-45.2%)
LEUTHOLD GROUP, LLC
Value ($000) $344 (-54.2%) Shares 313 (-50.9%)
BRIDGEWAY CAPITAL MANAGEMENT, LLC
Value ($000) $3,301 (-34.1%) Shares 3,005 (-29.4%)
FOX RUN MANAGEMENT, L.L.C.
Value ($000) $266 (-48.4%) Shares 242 (-44.7%)
SRS Capital Advisors, Inc.
Value ($000) $3 (-99.7%) Shares 3 (-99.7%)
Voleon Capital Management LP
Value ($000) $965 (-49.0%) Shares 878 (-45.3%)
Pacer Advisors, Inc.
Value ($000) $14,086 (-27.7%) Shares 12,822 (-22.5%)
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP
Value ($000) $10,530 (-53.4%) Shares 9,585 (-50.1%)
DIMENSIONAL FUND ADVISORS LP
Value ($000) $261,044 (-12.7%) Shares 237,617 (-6.5%)
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC
Value ($000) $221 (-64.5%) Shares 201 (-62.0%)

Exited Positions (25)

INCEPTIONR LLC
Value ($000) $741 Shares 629
Aster Capital Management (DIFC) Ltd
Value ($000) $181 Shares 154
Quadrature Capital Ltd
Value ($000) $3,925 Shares 3,332
SHUFRO ROSE & CO LLC
Value ($000) $589 Shares 500
DGS Capital Management, LLC
Value ($000) $257 Shares 218
WealthPLAN Partners, LLC
Value ($000) $210 Shares 178
OCCUDO QUANTITATIVE STRATEGIES LP
Value ($000) $227 Shares 193
Frazier Financial Advisors, LLC
Value ($000) $36 Shares 31
Entropy Technologies, LP
Value ($000) $235 Shares 200
BAILARD, INC.
Value ($000) $533 Shares 453
Commonwealth Bank of Australia
Value ($000) $621 Shares 900
SPINNAKER TRUST
Value ($000) $207 Shares 176
ExodusPoint Capital Management, LP
Value ($000) $543 Shares 461
JANE STREET GROUP, LLC
Value ($000) $4,331 Shares 3,679
GUGGENHEIM CAPITAL LLC
Value ($000) $378 Shares 321
PRINCIPAL SECURITIES, INC.
Value ($000) $198 Shares 168
Allianz Asset Management GmbH
Value ($000) $566 Shares 481
Rise Advisors, LLC
Value ($000) $18 Shares 15
Wealthspire Advisors, LLC
Value ($000) $159 Shares 135
Skandinaviska Enskilda Banken AB (publ)
Value ($000) $133 Shares 113