Makaira Partners’s Liberty Broadband Class C LBRDK Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q1	–	Sell	-167,681	Closed	-$12.5M	–	14
2024 Q4	$12.5M	Sell	167,681 -221,635	-57%	-$18.5M	1.96%	11
2024 Q3	$30.1M	Sell	389,316 -28,619	-7%	-$1.77M	3.87%	9
2024 Q2	$22.9M	Sell	417,935 -5,979	-1%	-$309K	2.97%	10
2024 Q1	$24.3M	Sell	423,914 -511,771	-55%	-$33.8M	2.93%	8
2023 Q4	$75.4M	Sell	935,685 -801,173	-46%	-$67.3M	9.94%	6
2023 Q3	$159M	Buy	1,736,858 +35,425	+2%	+$3.16M	20.68%	1
2023 Q2	$136M	Buy	1,701,433 +30,000	+2%	+$2.32M	18.45%	1
2023 Q1	$137M	Buy	1,671,433 +163,820	+11%	+$14.1M	17.83%	1
2022 Q4	$115M	Buy	1,507,613 +38,980	+3%	+$3.17M	16.7%	2
2022 Q3	$108M	Buy	1,468,633 +504,077	+52%	+$53.6M	17.94%	2
2022 Q2	$112M	Hold	964,556	–	–	25.19%	1
2022 Q1	$131M	Hold	964,556	–	–	26.84%	1
2021 Q4	$155M	Buy	964,556 +45,000	+5%	+$7.4M	28.34%	1
2021 Q3	$159M	Hold	919,556	–	–	33.57%	1
2021 Q2	$160M	Hold	919,556	–	–	31.67%	1
2021 Q1	$138M	Hold	919,556	–	–	29.17%	1
2020 Q4	$146M	Buy	919,556 +308,845	+51%	+$47M	33.52%	1
2020 Q3	$87.3M	Hold	610,711	–	–	24.11%	1
2020 Q2	$75.7M	Sell	610,711 -67,857	-10%	-$8.52M	23.5%	1
2020 Q1	$75.1M	Hold	678,568	–	–	21.14%	1
2019 Q4	$85.3M	Sell	678,568 -303,932	-31%	-$35.4M	18.73%	2
2019 Q3	$103M	Hold	982,500	–	–	16.36%	2
2019 Q2	$102M	Sell	982,500 -265,096	-21%	-$26.1M	14.82%	3
2019 Q1	$114M	Sell	1,247,596 -29,305	-2%	-$2.49M	13.36%	3
2018 Q4	$92M	Buy	1,276,901 +672,931	+111%	+$53.9M	11.95%	5
2018 Q3	$50.9M	Hold	603,970	–	–	5.3%	9
2018 Q2	$45.7M	Buy	+603,970	New	+$45.7M	5.19%	9