Liberty Media Series C
FWONK
609 hedge funds and large institutions have $21.7B invested in Liberty Media Series C in 2025 Q4 according to their latest regulatory filings, with 90 funds opening new positions, 217 increasing their positions, 192 reducing their positions, and 67 closing their positions.
46% more call options, than puts
Call options by funds: $54.1M | Put options by funds: $37.1M
34% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 67
18% more funds holding in top 10
Funds holding in top 10: 22 → 26 (+4)
13% more repeat investments, than reductions
Existing positions increased: 217 | Existing positions reduced: 192
3% more funds holding
Funds holding: 594 → 609 (+15)
0.83% more ownership
Funds ownership: 97.53% → 98.36% (+0.83%)
5% less capital invested
Capital invested by funds: $22.8B → $21.7B (-$1.13B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCMU
NAYA Capital Management (UK)
London,
United Kingdom
|
+$207M |
| 2 |
Morgan Stanley
New York
|
+$144M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$101M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$100M |
| 5 |
D.E. Shaw & Co
New York
|
+$82.8M |
Top Sellers
FWONK Hedge Fund Activity: Q4 2025 in Review
609 of the 8,226 institutional investors tracked by Wall St. Rank reported a position in Liberty Media Series C (FWONK) for Q4 2025, worth a combined $21.7B — down 5% from $22.8B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new FWONK positions and 67 closed out — a net gain of 23 holders — while 217 added to existing stakes and 192 trimmed.
The largest buyer was NAYA Capital Management (UK), opening a new position worth an estimated $207M. The largest seller was Schroder Investment Management Group, cutting an estimated $386M.
- 609 institutional investors held Liberty Media Series C (FWONK) as of Q4 2025, up from 594 in Q3 2025.
- Funds reported $21.7B of Liberty Media Series C stock for Q4 2025, down 5% quarter-over-quarter.
- 90 funds opened new Liberty Media Series C positions in Q4 2025 and 67 closed out, a net change of +23 holders.
- The largest Liberty Media Series C buyer in Q4 2025 was NAYA Capital Management (UK), an estimated $207M added.
- The largest Liberty Media Series C seller in Q4 2025 was Schroder Investment Management Group, an estimated $386M sold.
Based on aggregated 13F filings for Q4 2025.