Liberty Media Series A
FWONA
202 hedge funds and large institutions have $850M invested in Liberty Media Series A in 2017 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 54 increasing their positions, 52 reducing their positions, and 28 closing their positions.
50% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 28
23% more call options, than puts
Call options by funds: $4.9M | Put options by funds: $3.99M
6% more funds holding
Funds holding: 191 → 202 (+11)
4% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 52
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
4% less capital invested
Capital invested by funds: $889M → $850M (-$38.5M)
8.44% less ownership
Funds ownership: 103.48% → 95.05% (-8.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCIM
Fairview Capital Investment Management
Greenbrae,
California
|
+$17.1M |
| 2 |
DCM
Dorsal Capital Management
Redwood City,
California
|
+$8.4M |
| 3 |
Goldman Sachs
New York
|
+$6.83M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$5.8M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$4.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$20.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.3M |
| 3 |
SIMC
Stillwater Investment Management (California)
Palo Alto,
California
|
-$13.4M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$10.2M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$9.79M |
FWONA Hedge Fund Activity: Q3 2017 in Review
202 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Liberty Media Series A (FWONA) for Q3 2017, worth a combined $850M — down 4.3% from $889M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new FWONA positions and 28 closed out — a net gain of 14 holders — while 54 added to existing stakes and 52 trimmed.
The largest buyer was Fairview Capital Investment Management, adding an estimated $17.1M. The largest seller was Kensico Capital Management, exiting entirely with an estimated $20.3M sold.
- 202 institutional investors held Liberty Media Series A (FWONA) as of Q3 2017, up from 191 in Q2 2017.
- Funds reported $850M of Liberty Media Series A stock for Q3 2017, down 4.3% quarter-over-quarter.
- 42 funds opened new Liberty Media Series A positions in Q3 2017 and 28 closed out, a net change of +14 holders.
- The largest Liberty Media Series A buyer in Q3 2017 was Fairview Capital Investment Management, an estimated $17.1M added.
- The largest Liberty Media Series A seller in Q3 2017 was Kensico Capital Management, an estimated $20.3M sold.
Based on aggregated 13F filings for Q3 2017.