Liberty Broadband Class A
LBRDA
224 hedge funds and large institutions have $2.19B invested in Liberty Broadband Class A in 2017 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 69 increasing their positions, 67 reducing their positions, and 13 closing their positions.
170% more call options, than puts
Call options by funds: $7.88M | Put options by funds: $2.92M
138% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 13
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
14% more capital invested
Capital invested by funds: $1.92B → $2.19B (+$275M)
8% more funds holding
Funds holding: 208 → 224 (+16)
3.51% more ownership
Funds ownership: 85.09% → 88.6% (+3.5%)
3% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$29.6M |
| 2 |
NCM
Numina Capital Management
New York
|
+$24.7M |
| 3 |
NM
Newtyn Management
New York
|
+$23.4M |
| 4 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
+$16.3M |
| 5 |
SCM
Simcoe Capital Management
New York
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$54.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$15.5M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$8.13M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$5.71M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$191 | +2 | New |
|
|
CIM
227
Contravisory Investment Management
Norwell,
Massachusetts
| – | +$286 | +3 | New |
|
|
IWM
228
IHT Wealth Management
Chicago,
Illinois
| – | +$286 | +3 | New |
|
|
BTIS
229
BB&T Investment Services
Charlotte,
North Carolina
| – | +$668 | +7 | New |
|
LBRDA Hedge Fund Activity: Q3 2017 in Review
224 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q3 2017, worth a combined $2.19B — up 14% from $1.92B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new LBRDA positions and 13 closed out — a net gain of 18 holders — while 69 added to existing stakes and 67 trimmed.
The largest buyer was State of Wisconsin Investment Board, adding an estimated $29.6M. The largest seller was Fidelity Investments, cutting an estimated $54.7M.
- 224 institutional investors held Liberty Broadband Class A (LBRDA) as of Q3 2017, up from 208 in Q2 2017.
- Funds reported $2.19B of Liberty Broadband Class A stock for Q3 2017, up 14% quarter-over-quarter.
- 31 funds opened new Liberty Broadband Class A positions in Q3 2017 and 13 closed out, a net change of +18 holders.
- The largest Liberty Broadband Class A buyer in Q3 2017 was State of Wisconsin Investment Board, an estimated $29.6M added.
- The largest Liberty Broadband Class A seller in Q3 2017 was Fidelity Investments, an estimated $54.7M sold.
Based on aggregated 13F filings for Q3 2017.