| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Quad/Graphics, Inc. Voting Trust | 24% | $63,523,345 | 12,286,914 | Quad/Graphics, Inc. Voting Trust | 31 Dec 2024 | |||
| DIMENSIONAL FUND ADVISORS LP | 4.6% | $9,332,269 | 1,805,081 | Dimensional Fund Advisors LP | 31 Dec 2024 |
As of 31 Dec 2025, 136 institutional investors reported holding 21,413,336 shares of Quad/Graphics, Inc. - Class A Common Stock (QUAD). This represents 42% of the company’s total 51,195,475 outstanding shares.
The largest institutional shareholders of Quad/Graphics, Inc. - Class A Common Stock (QUAD) together control 34% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Miller Value Partners, LLC | 5.3% | 2,737,890 | +4.4% | 6% | $17,166,570 |
| BlackRock, Inc. | 4% | 2,063,474 | +1.4% | 0% | $12,937,979 |
| VANGUARD GROUP INC | 3.5% | 1,800,033 | +0.02% | 0% | $11,286,207 |
| LSV ASSET MANAGEMENT | 2.6% | 1,353,001 | +0.27% | 0.02% | $8,483,000 |
| DIMENSIONAL FUND ADVISORS LP | 2.2% | 1,118,624 | -3.2% | 0% | $7,013,880 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 2% | 1,048,520 | -1.9% | 0.02% | $6,574,220 |
| RENAISSANCE TECHNOLOGIES LLC | 1.5% | 754,700 | -7.9% | 0.01% | $4,731,969 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.4% | 696,622 | +0.36% | 0% | $4,368,639 |
| GREAT VALLEY ADVISOR GROUP, INC. | 1.3% | 644,912 | 0% | 0.08% | $4,044,000 |
| STATE STREET CORP | 1.2% | 630,284 | -0.68% | 0% | $3,951,881 |
| D. E. Shaw & Co., Inc. | 1% | 521,780 | +20% | 0% | $3,271,561 |
| SEGALL BRYANT & HAMILL, LLC | 0.9% | 462,898 | +49% | 0.04% | $2,902,370 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 0.88% | 451,278 | +19% | 0% | $2,829,513 |
| Bank of New York Mellon Corp | 0.75% | 384,937 | +40% | 0% | $2,413,555 |
| Invst, LLC | 0.7% | 360,463 | +1.1% | 0.25% | $2,260,100 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 0.6% | 307,196 | +6.2% | 0.01% | $1,926,119 |
| MARSHALL WACE, LLP | 0.59% | 301,754 | -28% | 0% | $1,891,998 |
| HEARTLAND ADVISORS INC | 0.59% | 300,000 | 0% | 0.1% | $1,881,000 |
| MILLENNIUM MANAGEMENT LLC | 0.54% | 278,498 | +104% | 0% | $1,746,182 |
| TWO SIGMA INVESTMENTS, LP | 0.54% | 275,996 | +11% | 0% | $1,730,495 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 0.53% | 271,012 | +17% | 0.04% | $1,699,245 |
| ZACKS INVESTMENT MANAGEMENT | 0.43% | 220,242 | -3.3% | 0.01% | $1,380,922 |
| NORTHERN TRUST CORP | 0.43% | 218,894 | -3.9% | 0% | $1,372,466 |
| EXCHANGE TRADED CONCEPTS, LLC | 0.42% | 215,670 | -1.4% | 0.01% | $1,352,251 |
| GOLDMAN SACHS GROUP INC | 0.4% | 202,584 | +9.5% | 0% | $1,270,201 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 21,413,336 | $134,260,622 | +$2,240,800 | $6.27 | 136 |
| 2025 Q3 | 21,205,149 | $132,747,604 | +$5,084 | $6.26 | 139 |
| 2025 Q2 | 21,124,617 | $119,356,414 | +$137,153 | $5.65 | 133 |
| 2025 Q1 | 21,141,995 | $115,224,555 | +$1,116,408 | $5.45 | 132 |
| 2024 Q4 | 20,766,637 | $144,742,609 | +$10,883,875 | $6.97 | 133 |
| 2024 Q3 | 19,071,139 | $86,721,063 | -$1,953,266 | $4.54 | 110 |
| 2024 Q2 | 19,149,758 | $104,385,614 | +$3,089,297 | $5.45 | 118 |
| 2024 Q1 | 18,593,099 | $98,730,362 | +$4,425,040 | $5.31 | 107 |
| 2023 Q4 | 17,743,677 | $96,172,183 | +$1,849,758 | $5.42 | 99 |
| 2023 Q3 | 17,382,841 | $87,436,914 | +$5,619,001 | $5.03 | 101 |
| 2023 Q2 | 16,568,735 | $62,308,937 | -$2,324,486 | $3.76 | 89 |
| 2023 Q1 | 16,965,503 | $72,759,568 | +$4,257,559 | $4.29 | 88 |
| 2022 Q4 | 15,974,652 | $65,173,019 | +$2,134,965 | $4.08 | 84 |
| 2022 Q3 | 15,476,636 | $39,621,324 | -$6,999,908 | $2.56 | 72 |
| 2022 Q2 | 18,109,820 | $49,801,241 | -$5,379,186 | $2.75 | 83 |
| 2022 Q1 | 17,170,574 | $119,154,852 | +$13,496,807 | $6.94 | 91 |
| 2021 Q4 | 15,297,208 | $61,186,320 | -$2,427,071 | $4.00 | 67 |
| 2021 Q3 | 15,762,958 | $66,978,862 | -$4,733,276 | $4.25 | 72 |
| 2021 Q2 | 16,898,942 | $70,129,622 | -$10,510,730 | $4.15 | 80 |
| 2021 Q1 | 19,592,581 | $69,158,307 | -$3,957,840 | $3.53 | 90 |
| 2020 Q4 | 20,684,877 | $79,015,296 | -$4,542,613 | $3.82 | 89 |
| 2020 Q3 | 21,651,694 | $65,713,325 | -$913,746 | $3.03 | 87 |
| 2020 Q2 | 21,903,024 | $71,186,868 | -$2,851,144 | $3.25 | 93 |
| 2020 Q1 | 22,924,430 | $57,782,205 | -$8,152,058 | $2.52 | 101 |
| 2019 Q4 | 24,270,764 | $113,353,866 | -$31,608,821 | $4.67 | 114 |
| 2019 Q3 | 28,449,967 | $298,671,306 | -$24,431,835 | $10.51 | 120 |
| 2019 Q2 | 31,094,237 | $246,118,649 | -$4,113,464 | $7.91 | 116 |
| 2019 Q1 | 30,696,947 | $365,284,243 | +$5,188,316 | $11.90 | 146 |
| 2018 Q4 | 30,075,848 | $370,502,876 | +$28,087,044 | $12.32 | 144 |
| 2018 Q3 | 27,370,247 | $570,392,228 | +$2,456,964 | $20.84 | 138 |
| 2018 Q2 | 27,253,144 | $567,677,297 | -$40,886,943 | $20.83 | 139 |
| 2018 Q1 | 28,974,259 | $735,629,317 | +$61,549,704 | $25.35 | 152 |
| 2017 Q4 | 27,314,964 | $617,329,662 | +$14,182,699 | $22.60 | 151 |
| 2017 Q3 | 26,180,481 | $592,341,265 | -$23,144,288 | $22.61 | 133 |
| 2017 Q2 | 27,199,611 | $623,377,697 | -$5,865,945 | $22.92 | 143 |
| 2017 Q1 | 27,426,895 | $692,238,837 | +$72,611,366 | $25.24 | 155 |
| 2016 Q4 | 26,359,300 | $708,525,261 | +$29,201,494 | $26.88 | 163 |
| 2016 Q3 | 25,190,012 | $672,961,327 | +$50,967,633 | $26.72 | 159 |
| 2016 Q2 | 23,101,471 | $537,816,106 | +$39,500,699 | $23.29 | 145 |
| 2016 Q1 | 21,540,769 | $278,639,000 | -$17,342,084 | $12.94 | 123 |
| 2015 Q4 | 23,236,521 | $216,117,426 | -$8,141,851 | $9.30 | 121 |
| 2015 Q3 | 23,456,879 | $283,923,327 | -$245,836 | $12.10 | 131 |
| 2015 Q2 | 23,162,292 | $428,727,754 | +$3,549 | $18.51 | 148 |
| 2015 Q1 | 23,084,627 | $529,912,688 | -$1,776,742 | $22.98 | 139 |
| 2014 Q4 | 23,129,055 | $530,555,111 | -$26,162 | $22.96 | 114 |
| 2014 Q3 | 23,243,464 | $447,426,271 | +$7,959,173 | $19.25 | 113 |
| 2014 Q2 | 22,791,128 | $509,656,385 | +$6,288,137 | $22.37 | 109 |
| 2014 Q1 | 22,491,680 | $526,927,169 | -$33,370,922 | $23.45 | 110 |