Seth Klarman’s Liberty Global Class C LBTYK Stock Holding History

Seth Klarman’s Portfolio LBTYK Stock Details LBTYK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$94M	Sell	8,543,161 -4,854,086	-36%	-$56.2M	1.74%	19
2026 Q1	$157M	Sell	13,397,247 -7,487,534	-36%	-$85.8M	3.07%	14
2025 Q4	$231M	Sell	20,884,781 -773,022	-4%	-$8.6M	4.37%	12
2025 Q3	$254M	Sell	21,657,803 -3,000,000	-12%	-$33.6M	5.31%	10
2025 Q2	$254M	Hold	24,657,803	–	–	6.16%	8
2025 Q1	$295M	Sell	24,657,803 -14,796,040	-38%	-$178M	8.44%	4
2024 Q4	$518M	Sell	39,453,843 -2,857,168	-7%	-$49.3M	15.09%	2
2024 Q3	$914M	Hold	42,311,011	–	–	26%	1
2024 Q2	$755M	Hold	42,311,011	–	–	20.78%	1
2024 Q1	$746M	Hold	42,311,011	–	–	20.44%	1
2023 Q4	$789M	Hold	42,311,011	–	–	17.2%	1
2023 Q3	$785M	Sell	42,311,011 -2,693,299	-6%	-$51.8M	15.06%	1
2023 Q2	$800M	Sell	45,004,310 -2,500,000	-5%	-$46.6M	14.24%	1
2023 Q1	$968M	Hold	47,504,310	–	–	16.56%	1
2022 Q4	$923M	Sell	47,504,310 -346,000	-0.7%	-$6.54M	15.05%	1
2022 Q3	$790M	Sell	47,850,310 -569,495	-1%	-$12.1M	13.63%	1
2022 Q2	$1.07B	Sell	48,419,805 -5,551,502	-10%	-$135M	15.8%	1
2022 Q1	$1.4B	Hold	53,971,307	–	–	15.04%	1
2021 Q4	$1.52B	Hold	53,971,307	–	–	14.97%	1
2021 Q3	$1.59B	Hold	53,971,307	–	–	14.61%	1
2021 Q2	$1.46B	Sell	53,971,307 -584,100	-1%	-$15.7M	11.84%	1
2021 Q1	$1.39B	Hold	54,555,407	–	–	11.1%	2
2020 Q4	$1.29B	Hold	54,555,407	–	–	11.91%	2
2020 Q3	$1.12B	Hold	54,555,407	–	–	12.11%	2
2020 Q2	$1.17B	Buy	54,555,407 +850,000	+2%	+$17M	14.65%	2
2020 Q1	$844M	Buy	53,705,407 +1,312,412	+3%	+$24.7M	12.45%	2
2019 Q4	$1.14B	Buy	52,392,995 +8,434,700	+19%	+$190M	12.61%	1
2019 Q3	$1.05B	Buy	43,958,295 +2,020,621	+5%	+$52.6M	11.84%	1
2019 Q2	$1.11B	Buy	41,937,674 +2,844,679	+7%	+$73.1M	10.07%	1
2019 Q1	$946M	Buy	39,092,995 +9,350,200	+31%	+$221M	7.95%	4
2018 Q4	$614M	Buy	29,742,795 +18,973,925	+176%	+$454M	5.33%	7
2018 Q3	$303M	Buy	+10,768,870	New	+$291M	2.32%	13

Other funds holding LBTYK

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

RCMNY

Rubric Capital Management (New York) New York $10.9B AUM 70.31% 1-Year Est. Return

AACR

ACR Alpine Capital Research St. Louis, Missouri $7.04B AUM 28% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

American Century Companies Kansas City, Missouri $226B AUM 44.75% 1-Year Est. Return

OAM

Oppenheimer Asset Management New York $9.63B AUM 30.32% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return

Charles Schwab San Francisco, California $751B AUM 38.74% 1-Year Est. Return

Los Angeles Capital Management Los Angeles, California $27.2B AUM 43.16% 1-Year Est. Return

Seth Klarman's LBTYK Position: Q2 2026 in Review

Seth Klarman reduced its Liberty Global Class C (LBTYK) stake by 36% in Q2 2026, selling an estimated $56.2M and leaving 8,543,161 shares worth $94M. The position accounts for 1.74% of the portfolio, ranked #19.

Seth Klarman first reported a position in LBTYK in Q3 2018 and has held it in 32 quarters since. The position peaked at $1.59B in Q3 2021. 278 funds tracked by Wall St. Rank hold LBTYK as of Q2 2026.

Seth Klarman held 8,543,161 shares of Liberty Global Class C worth $94M as of Q2 2026.
Seth Klarman sold 4,854,086 Liberty Global Class C shares in Q2 2026, an estimated $56.2M.
Liberty Global Class C made up 1.74% of Seth Klarman's portfolio in Q2 2026, its #19 holding.
Seth Klarman first reported a position in Liberty Global Class C in Q3 2018 and has held it in 32 quarters since.
Seth Klarman's Liberty Global Class C position peaked at $1.59B in Q3 2021.
278 funds tracked by Wall St. Rank held Liberty Global Class C as of Q2 2026.

Based on Baupost Group's 13F filing for Q2 2026, filed 13 Aug 2026.