Liberty Media Series A
FWONA
304 hedge funds and large institutions have $1.9B invested in Liberty Media Series A in 2025 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 105 increasing their positions, 77 reducing their positions, and 29 closing their positions.
111% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $653K
66% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 29
36% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 77
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
7.83% more ownership
Funds ownership: 80.72% → 88.55% (+7.8%)
4% more funds holding
Funds holding: 291 → 304 (+13)
3% more capital invested
Capital invested by funds: $1.84B → $1.9B (+$55M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$30.3M |
| 2 |
SC
Sculptor Capital
New York
|
+$22.4M |
| 3 |
KF
KKM Financial
Chicago,
Illinois
|
+$18.6M |
| 4 |
DCP
Darsana Capital Partners
New York
|
+$15.9M |
| 5 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.8M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$8.74M |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$7.59M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$7.53M |
| 5 |
CIEC
Crédit Industriel et Commercial
Paris France,
France
|
-$4.42M |
FWONA Hedge Fund Activity: Q4 2025 in Review
304 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Liberty Media Series A (FWONA) for Q4 2025, worth a combined $1.9B — up 3% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new FWONA positions and 29 closed out — a net gain of 19 holders — while 105 added to existing stakes and 77 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $30.3M. The largest seller was Susquehanna International Group, cutting an estimated $11.8M.
- 304 institutional investors held Liberty Media Series A (FWONA) as of Q4 2025, up from 291 in Q3 2025.
- Funds reported $1.9B of Liberty Media Series A stock for Q4 2025, up 3% quarter-over-quarter.
- 48 funds opened new Liberty Media Series A positions in Q4 2025 and 29 closed out, a net change of +19 holders.
- The largest Liberty Media Series A buyer in Q4 2025 was Principal Financial Group, an estimated $30.3M added.
- The largest Liberty Media Series A seller in Q4 2025 was Susquehanna International Group, an estimated $11.8M sold.
Based on aggregated 13F filings for Q4 2025.