As of November 6, 2026, 3 holders' latest Schedule 13D or 13G filings report owning 5% or more of Gray Media, Inc. The largest reported stake is Miller Value Partners, LLC's, at 8.07%. 7 filings are on record since July 15, 2025 (Schedule 13G/A, August 7, 2026).
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Key facts
- · Reporting person: Miller Value Partners, LLC · Sole voting: 0 · Shared voting: 7,498,335 · Sole dispositive: 0 · Shared dispositive: 7,498,335 · SCHEDULE 13G/A, 2026-08-07
- · Reporting person: The Capital Management Corporation · Sole voting: 6,999,668 · Shared voting: 0 · Sole dispositive: 7,070,668 · Shared dispositive: 0 · SCHEDULE 13G/A, 2026-07-06
- · Reporting person: Charles Schwab Investment Management Inc · Sole voting: 4,295,148 · Shared voting: 0 · Sole dispositive: 4,295,148 · Shared dispositive: 0 · SCHEDULE 13G/A, 2026-05-14
- · Holder: Miller Value Partners, LLC · Percent: 5.78% · SCHEDULE 13G
- · Holder: The Vanguard Group · Percent: 0% · SCHEDULE 13G/A
Gray Media, Inc. has 7 Schedule 13D or 13G filings on record since 2025-07-15. 3 holders' latest filing reports 5% or more of common. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Miller Value Partners, LLC | 8.07% | 0 | SCHEDULE 13G/A, 2026-08-07 | 2026-05-13 |
| The Capital Management Corporation | 7.6% | 7,070,668 | SCHEDULE 13G/A, 2026-07-06 | 2026-06-30 |
| Dimensional Fund Advisors LP | 5.3% | 4,888,365 | SCHEDULE 13G, 2025-07-15 | 2025-06-30 |
| Charles Schwab Investment Management Inc | 4.13% | 0 | SCHEDULE 13G/A, 2026-05-14 | 2026-03-31 |
| The Vanguard Group | 0% | 0 | SCHEDULE 13G/A, 2026-03-27 | 2026-03-13 |
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Keep reading
More on Gray Media, Inc. and the records around it.
Gray Media, Inc. elsewhere on the record
- Company profile and every filing Jul 2026
- Form D filing Jul 2026
- Form D filing Dec 2025
- Who owns it
Companies that share a holder
- Miller Value Partners, LLC also filed stake reports on 4 other companies: CONDUENT Inc (Aug 2026), Fossil Group, Inc. (May 2026), JELD-WEN Holding, Inc. (May 2026)
- The Capital Management Corporation also filed stake reports on 6 other companies: LifeVantage Corporation (Oct 2026), Townsquare Media, Inc. (Oct 2026)
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC also filed stake reports on 12 other companies: HAIN CELESTIAL GROUP INC (Aug 2026), MEDIFAST INC (Aug 2026), Service Properties Trust (Aug 2026)
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| Miller Value Partners, LLC | 0 | 7,498,335 | 0 | 7,498,335 | SCHEDULE 13G/A, 2026-08-07 |
| William H. Miller IV | 0 | 7,498,335 | 0 | 7,498,335 | SCHEDULE 13G/A, 2026-08-07 |
| The Capital Management Corporation | 6,999,668 | 0 | 7,070,668 | 0 | SCHEDULE 13G/A, 2026-07-06 |
| Charles Schwab Investment Management Inc | 4,295,148 | 0 | 4,295,148 | 0 | SCHEDULE 13G/A, 2026-05-14 |
The latest filing identifies Gray Media, Inc. by CUSIP 389375106 and gives its principal executive office as 4370 PEACHTREE ROAD NE, Atlanta, GA 30319 (SCHEDULE 13G/A, 2026-08-07).
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-07-15 | Dimensional Fund Advisors LP | 5.3% | SCHEDULE 13G |
| 2026-02-12 | Charles Schwab Investment Management Inc | 5.6% | SCHEDULE 13G |
| 2026-03-27 | The Vanguard Group | 0% | SCHEDULE 13G/A |
| 2026-05-04 | Miller Value Partners, LLC | 5.78% | SCHEDULE 13G |
| 2026-05-14 | Charles Schwab Investment Management Inc | 4.13% | SCHEDULE 13G/A |
| 2026-07-06 | The Capital Management Corporation | 7.6% | SCHEDULE 13G/A |
| 2026-08-07 | Miller Value Partners, LLC | 8.07% | SCHEDULE 13G/A |
Questions about who owns Gray Media, Inc.
Who owns Gray Media, Inc.?
On this page, 3 holders' latest ownership filings report 5% or more of Gray Media, Inc.: Miller Value Partners, LLC (8.07%, Schedule 13G/A, filed 2026-08-07), The Capital Management Corporation (7.6%, Schedule 13G/A, filed 2026-07-06) and Dimensional Fund Advisors LP (5.3%, Schedule 13G, filed 2025-07-15).
Who are the largest shareholders of Gray Media, Inc.?
By the share each holder's latest filing reports, the largest holders of Gray Media, Inc. on this page are Miller Value Partners, LLC (8.07%), The Capital Management Corporation (7.6%) and Dimensional Fund Advisors LP (5.3%).
When did Miller Value Partners, LLC buy into Gray Media, Inc.?
The filings give report dates, not purchase dates. The earliest filing from Miller Value Partners, LLC on this page is the Schedule 13G, filed 2026-05-04, reporting 5.78%; its latest, Schedule 13G/A filed 2026-08-07, reports 8.07%.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 7 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
Also on the record for Gray Media, Inc.
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| July 6, 2026 | Form D, private offering | $70M sold | Form D page | Source |
| December 16, 2025 | Form D, private offering | $250M sold | Form D page | Source |
| April 18, 2025 | Court case: Global Weather Productions LLC v. Gray Media, Inc., District Court, N.D. Georgia | — | Court records | Source |
| April 14, 2025 | Court case: Lucio v. Gray Media, Inc., District Court, N.D. Georgia | — | Court records | Source |
Gray Media, Inc.: every filing and event
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.