Standard General L.P.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Standard General L.P. reported 3 stock positions worth $558.1 million. Its top holding was Bally's (BALY) at 96.1% of the portfolio, followed by Mediaco Class A (MDIA, 3.7%) and Turning Point Brands (TPB, 0.2%). Compared with Q3 2025, it reduced 1. The biggest sale was Bally's (BALY, shares −3%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001409888
Portfolio Value
$558.1M (Q4 2025)
SEC Filing
0001172661-26-000835 ↗ filed Feb 17, 2026

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 Q1 2025 Q2 2025: $384.2M Q2 2025 Q3 2025: $416.2M Q3 2025 Q4 2025: $558.1M $558.1M Q4 2025 Q1 2026: $336.5M Q1 2026 Q2 2026: $480.2M Q2 2026

Holdings 3 stocks · $558.1M

BALY Bally's Corp. 96.15% 32,480,973 $536.6M Reduce -2.6%
MDIA Mediaco Holding Inc. Class A 3.68% 35,426,400 $20.5M No change
TPB Turning Point Brands Inc. 0.17% 8,796 $953K No change

Portfolio Sells Q3 2025 → Q4 2025

BALY Bally's Corp. Reduce -2.6% 96.15% +7.17

Portfolio Buys Q3 2025 → Q4 2025

None this quarter.

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