Graham Holdings portfolio
Operating companyPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 14, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Graham Holdings reported a $1.1 bn portfolio of 5 companies (6 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are BRK/A, GOOG, MKL.
Sections with a free account
What changed this quarter
1 position with a change (1 added to). 1 is listed here: those of 0.5 points of the portfolio or more (up to 12).
- Markel Group+15%more sharesIncreased11.0% → 11.5%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Berkshire HathawayBRK/A · BRK/B51.4%
- AlphabetGOOG32.0%
- Markel GroupMKL11.5%
- PubmaticPUBM4.1%
- Cable OneCABO0.9%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Financials 63%
- ● Communication Services 33%
- ● Information Technology 4%
How its portfolio changed (8 quarters)
Q2 2026: 6
Q2 2026: 100%
Q2 2026: 0.8%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Operating company, per its SEC filings (EDGAR) (high confidence).
The data, as reported: EDGAR: SIC 8200 Services-Educational Services; since 2023-10-10 it has filed 10-K, 10-Q, 13F-HR, N-PX, SC 13D, SC 13G, SCHEDULE 13G (empresa operativa que cotiza)
The type comes from a rule applied to that data. If it looks wrong, tell us.
Not counted as a concentrated manager: it is an operating company with strategic stakes, not an investment portfolio. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided
Managers of a similar size
A 13F portfolio value between a third and three times this one, whatever the type of filer. It is not a comparison of what they hold.
- Dock Street Asset Management$1.1 bn
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- Octagon Capital Advisors$1.1 bn
- Ironvine Capital PartnersInvestment firm · $1.1 bn
- Vivo CapitalInvestment firm · $1.1 bn