Liberty Broadband Class A
LBRDA
214 hedge funds and large institutions have $1.14B invested in Liberty Broadband Class A in 2015 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 77 increasing their positions, 56 reducing their positions, and 34 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 56
1% less capital invested
Capital invested by funds: $1.16B → $1.14B (-$12.4M)
9% less call options, than puts
Call options by funds: $1.44M | Put options by funds: $1.58M
6% less funds holding
Funds holding: 228 → 214 (-14)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
32% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$45.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$34.2M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$22.4M |
| 4 |
BM
Bridger Management
New York
|
+$18.4M |
| 5 |
ACM
Ashe Capital Management
Englewood Cliffs,
New Jersey
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$42.3M |
| 2 |
ICAP
Independence Capital Asset Partners
Denver,
Colorado
|
-$18.2M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$15.5M |
| 4 |
JG
Jefferies Group
New York
|
-$8.37M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$6.31M |
LBRDA Hedge Fund Activity: Q2 2015 in Review
214 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q2 2015, worth a combined $1.14B — down 1.1% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of LBRDA and 23 opened new positions — a net loss of 11 holders — while 56 trimmed existing stakes and 77 added.
The largest buyer was State Street, adding an estimated $45.2M. The largest seller was Cramer Rosenthal McGlynn, exiting entirely with an estimated $42.3M sold.
- 214 institutional investors held Liberty Broadband Class A (LBRDA) as of Q2 2015, down from 228 in Q1 2015.
- Funds reported $1.14B of Liberty Broadband Class A stock for Q2 2015, down 1.1% quarter-over-quarter.
- 23 funds opened new Liberty Broadband Class A positions in Q2 2015 and 34 closed out, a net change of -11 holders.
- The largest Liberty Broadband Class A buyer in Q2 2015 was State Street, an estimated $45.2M added.
- The largest Liberty Broadband Class A seller in Q2 2015 was Cramer Rosenthal McGlynn, an estimated $42.3M sold.
Based on aggregated 13F filings for Q2 2015.