SCHEDULE: Madison Avenue Entities Report Stake in Graham Holdings

Several Madison Avenue-affiliated entities and Eli Samaha have jointly reported beneficial ownership of 7.5% of Graham Holdings Company's Class B Common Stock as of June 30, 2026.

Summary

• Madison Avenue International LP, along with related entities Madison Avenue Partners, LP, EMAI Management, LLC, Madison Avenue GP, LLC, Caraway Jackson Investments LLC, and Eli Samaha, have filed a Schedule 13G.
• As of June 30, 2026, these reporting persons collectively beneficially owned 246,368 shares of Graham Holdings Company's Class B Common Stock.
• This ownership stake represents approximately 7.5% of the outstanding Class B Common Stock.
• The filing indicates shared voting and dispositive power over these shares among the reporting persons.
• The reporting persons certify that the securities were not acquired or held for the purpose of influencing control of the issuer.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting beneficial ownership changes without significant operational or financial disclosures.

Positives

• Clear disclosure of beneficial ownership, providing transparency to the market.
• The reporting persons are not seeking to influence control of Graham Holdings, which may be viewed positively by current management and board.

Negatives

• The filing does not provide any financial performance data or strategic insights into Graham Holdings Company itself, only the ownership stake.
• The complex web of related entities reporting ownership could obscure the ultimate beneficial owner for some observers.

Risks

• Potential for future changes in ownership stake, which could impact stock price if significant.
• The concentration of ownership among a few related entities could lead to coordinated actions that may not align with other shareholders' interests.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding Graham Holdings Company's future performance. It solely reports on current beneficial ownership.

Management Comments

• Eli Samaha, acting on behalf of various Madison Avenue entities, certifies that the securities were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures for significant beneficial ownership stakes. This filing indicates a notable, but not controlling, stake in Graham Holdings by investment entities associated with Madison Avenue.

Stakeholder Impact

• Shareholders: Increased transparency regarding a significant beneficial owner of Class B Common Stock.
• Management/Board of Directors: Awareness of a 7.5% stake held by Madison Avenue-affiliated entities.

Next Steps

• The reporting persons will continue to monitor their beneficial ownership stake in Graham Holdings Company.
• Future amendments to this Schedule 13G will be filed if changes in beneficial ownership occur.

Key Dates

Keywords

Graham Holdings, Schedule 13G, Beneficial Ownership, Madison Avenue, Class B Common Stock, Investment Management, SEC Filing