Top 5 Stock Picks of Eli Samaha’s Madison Avenue Partners

1. Graham Holdings Co (NYSE:GHC)

Stake Value of Madison Avenue Partners: $91,769,000 

Percentage of Madison Avenue Partners 13F Portfolio: 20.33%

Number of Hedge Fund Holders: 24

Graham Holdings Co (NYSE:GHC) operates as a diversified education and media company worldwide. The company was founded in 1877 and is headquartered in Arlington, Virginia.

For the third quarter of 2021, Graham Holdings Co (NYSE:GHC) reported earnings per share of $7.90 and generated revenues of up to $809.43 million. The company’s revenue grew by 12.9% year over year. On top of this, the stock has gained 14.10% year to date.

Graham Holdings Co (NYSE:GHC) is the top stock pick of Eli Samaha’s Madison Avenue Partners. According to the September filings, the fund’s stake in the company is about $91.76 million, which accounts for 20.33% of the fund’s 13F portfolio.

By the end of the third quarter of 2021, 24 hedge funds had Graham Holdings Co (NYSE:GHC) on their 13F portfolios. The total stake of these hedge funds in the company was $457.53 million. This is compared to 23 positions in the second quarter of 2021, with stakes of $467.6 million.

Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, shared its insights on Graham Holdings Co (NYSE:GHC) in its “Longleaf Partners Small-Cap Fund” second quarter 2021 investor letter. Here’s what the firm had to say:

“Graham Holdings (13%, 0.60%), the media, education and manufacturing conglomerate, was also a top contributor after its acquisition of Leaf Group in early April was well received by the market. Leaf Group is a smaller public company that is diversified across digital media and e-commerce. While we are generally wary of mergers and acquisitions, we think this deal can be a positive move that fits uniquely well with Graham’s existing assets. Graham was able to take advantage of a limited buyer universe, given Leaf’s size and disparate assets. Graham also reported a solid quarter that saw continued growth at the TV segment, with 8% YOY revenue growth without political advertising in either period.”

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