Ashe Capital Management’s Liberty Media Series C FWONK Stock Holding History

Ashe Capital Management’s Portfolio FWONK Stock Details FWONK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$137M	Sell	1,616,024 -275,000	-15%	-$24M	17.23%	3
2025 Q4	$186M	Sell	1,891,024 -740,024	-28%	-$72.6M	18.05%	3
2025 Q3	$275M	Hold	2,631,048	–	–	19.38%	3
2025 Q2	$275M	Hold	2,631,048	–	–	21.42%	2
2025 Q1	$237M	Hold	2,631,048	–	–	21.18%	2
2024 Q4	$244M	Sell	2,631,048 -1,044,506	-28%	-$88.7M	20.05%	2
2024 Q3	$285M	Hold	3,675,554	–	–	22.67%	2
2024 Q2	$264M	Sell	3,675,554 -317,000	-8%	-$22.4M	21.79%	2
2024 Q1	$262M	Hold	3,992,554	–	–	21.37%	2
2023 Q4	$252M	Sell	3,992,554 -671,697	-14%	-$43.9M	21.9%	1
2023 Q3	$291M	Sell	4,664,251 -159,933	-3%	-$11M	24.14%	2
2023 Q2	$351M	Hold	4,824,184	–	–	27.51%	1
2023 Q1	$349M	Hold	4,824,184	–	–	31.6%	1
2022 Q4	$279M	Sell	4,824,184 -1,227,984	-20%	-$70.2M	30.61%	1
2022 Q3	$342M	Hold	6,052,168	–	–	32.7%	1
2022 Q2	$371M	Hold	6,052,168	–	–	33.92%	1
2022 Q1	$409M	Hold	6,052,168	–	–	28.55%	1
2021 Q4	$370M	Hold	6,052,168	–	–	24.05%	1
2021 Q3	$301M	Hold	6,052,168	–	–	18.09%	1
2021 Q2	$282M	Hold	6,052,168	–	–	17.4%	1
2021 Q1	$253M	Hold	6,052,168	–	–	17.28%	2
2020 Q4	$249M	Hold	6,052,168	–	–	15.58%	2
2020 Q3	$212M	Hold	6,052,168	–	–	15.4%	3
2020 Q2	$186M	Hold	6,052,168	–	–	14.25%	3
2020 Q1	$159M	Buy	6,052,168 +685,024	+13%	+$26.3M	14.75%	2
2019 Q4	$239M	Hold	5,367,144	–	–	18.19%	1
2019 Q3	$216M	Hold	5,367,144	–	–	16.48%	2
2019 Q2	$194M	Hold	5,367,144	–	–	15.27%	2
2019 Q1	$182M	Hold	5,367,144	–	–	12.83%	2
2018 Q4	$159M	Hold	5,367,144	–	–	12.94%	2
2018 Q3	$193M	Hold	5,367,144	–	–	13.16%	2
2018 Q2	$193M	Hold	5,367,144	–	–	14.73%	2
2018 Q1	$160M	Buy	5,367,144 +248,302	+5%	+$8.21M	13.2%	2
2017 Q4	$169M	Hold	5,118,842	–	–	13.91%	2
2017 Q3	$189M	Hold	5,118,842	–	–	15.62%	2
2017 Q2	$181M	Hold	5,118,842	–	–	15.53%	2
2017 Q1	$169M	Hold	5,118,842	–	–	14.91%	2
2016 Q4	$155M	Hold	5,118,842	–	–	15.21%	2
2016 Q3	$139M	Buy	5,118,842 +1,710,537	+50%	+$37.4M	14.59%	2
2016 Q2	$62.5M	Buy	3,408,305 +1,934,956	+131%	+$37.7M	7.34%	5
2016 Q1	$39.7M	Hold	1,473,349	–	–	5.11%	8
2015 Q4	$39.7M	Hold	1,473,349	–	–	5.27%	7
2015 Q3	$35.9M	Hold	1,473,349	–	–	5.26%	7
2015 Q2	$37.4M	Hold	1,473,349	–	–	5.21%	7
2015 Q1	$39.8M	Hold	1,473,349	–	–	6.08%	7
2014 Q4	$36.5M	Buy	+1,473,349	New	+$36.2M	6.92%	6

Other funds holding FWONK

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return

RCG

Ruane, Cunniff & Goldfarb New York $6.03B AUM 12.06% 1-Year Est. Return

JCAM

Jericho Capital Asset Management New York $6.76B AUM 88.1% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Ashe Capital Management's FWONK Position: Q1 2026 in Review

Ashe Capital Management reduced its Liberty Media Series C (FWONK) stake by 15% in Q1 2026, selling an estimated $24M and leaving 1,616,024 shares worth $137M. The position accounts for 17.23% of the portfolio, ranked #3.

Ashe Capital Management first reported a position in FWONK in Q4 2014 and has held it in 46 quarters since. The position peaked at $409M in Q1 2022. 611 funds tracked by Wall St. Rank hold FWONK as of Q1 2026.

Ashe Capital Management held 1,616,024 shares of Liberty Media Series C worth $137M as of Q1 2026.
Ashe Capital Management sold 275,000 Liberty Media Series C shares in Q1 2026, an estimated $24M.
Liberty Media Series C made up 17.23% of Ashe Capital Management's portfolio in Q1 2026, its #3 holding.
Ashe Capital Management first reported a position in Liberty Media Series C in Q4 2014 and has held it in 46 quarters since.
Ashe Capital Management's Liberty Media Series C position peaked at $409M in Q1 2022.
611 funds tracked by Wall St. Rank held Liberty Media Series C as of Q1 2026.

Based on Ashe Capital Management's 13F filing for Q1 2026, filed 15 May 2026.