Standard General L.P.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Standard General L.P. reported 3 stock positions worth $483.2 million. Its top holding was Bally's (BALY) at 91.0% of the portfolio, followed by Mediaco Class A (MDIA, 8.9%) and Turning Point Brands (TPB, 0.1%). Compared with Q4 2024, it opened 1 new position, sold out of 1 and reduced 1. The biggest buy was a new position in Bally's (BALY) and the biggest sale an exit from Bally's (BALY).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001409888
Portfolio Value
$483.2M (Q1 2025)
SEC Filing
0001172661-25-002214 ↗ filed May 15, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $157.3M Q1 2024 Q2 2024: $262.7M Q2 2024 Q3 2024: $231.9M Q3 2024 Q4 2024: $202.7M Q4 2024 Q1 2025: $483.2M $483.2M Q1 2025 Q2 2025: $384.2M Q2 2025 Q3 2025: $416.2M Q3 2025 Q4 2025: $558.1M Q4 2025 Q1 2026: $336.5M Q1 2026 Q2 2026: $480.2M Q2 2026

Holdings 3 stocks · $483.2M

BALY Bally's Corp. 91.04% 35,759,744 $439.8M New
MDIA Mediaco Holding Inc. Class A 8.86% 37,531,996 $42.8M No change
TPB Turning Point Brands Inc. 0.11% 8,796 $523K Reduce -66.6%

Portfolio Sells Q4 2024 → Q1 2025

BALY Bally's Corp. Sold out 0.00% −78.11
TPB Turning Point Brands Inc. Reduce -66.6% 0.11% −0.67

Portfolio Buys Q4 2024 → Q1 2025

BALY Bally's Corp. New 91.04% +91.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2$480.2MBALY, MDIA
Q1 2026 2$336.5MBALY, MDIA
Q4 2025 3$558.1MBALY, MDIA, TPB
Q3 2025 3$416.2MBALY, MDIA, TPB
Q2 2025 3$384.2MBALY, MDIA, TPB
Q1 2025 3$483.2MBALY, MDIA, TPB
Q4 2024 3$202.7MBALY, MDIA, TPB
Q3 2024 3$231.9MBALY, MDIA, TPB
Q2 2024 3$262.7MMDIA, BALY, TPB
Q1 2024 3$157.3MBALY, MDIA, TPB