Liberty Broadband Class A
LBRDA
244 hedge funds and large institutions have $2.27B invested in Liberty Broadband Class A in 2019 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 60 increasing their positions, 72 reducing their positions, and 30 closing their positions.
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
13% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 30
2% more capital invested
Capital invested by funds: $2.21B → $2.27B (+$53.5M)
1% more funds holding
Funds holding: 242 → 244 (+2)
0.79% more ownership
Funds ownership: 81.76% → 82.55% (+0.79%)
17% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 72
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $230K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$56.6M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$15.5M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$10.3M |
| 4 |
Royal London Asset Management
United Kingdom
|
+$9.32M |
| 5 |
HLCM
Hi-Line Capital Management
Watertown,
South Dakota
|
+$8.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$43M |
| 2 |
D.E. Shaw & Co
New York
|
-$20.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.5M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$11.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$6.9M |
LBRDA Hedge Fund Activity: Q3 2019 in Review
244 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q3 2019, worth a combined $2.27B — up 2.4% from $2.21B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new LBRDA positions and 30 closed out — a net gain of 4 holders — while 60 added to existing stakes and 72 trimmed.
The largest buyer was Hudson Bay Capital Management, adding an estimated $56.6M. The largest seller was BlackRock, cutting an estimated $43M.
- 244 institutional investors held Liberty Broadband Class A (LBRDA) as of Q3 2019, up from 242 in Q2 2019.
- Funds reported $2.27B of Liberty Broadband Class A stock for Q3 2019, up 2.4% quarter-over-quarter.
- 34 funds opened new Liberty Broadband Class A positions in Q3 2019 and 30 closed out, a net change of +4 holders.
- The largest Liberty Broadband Class A buyer in Q3 2019 was Hudson Bay Capital Management, an estimated $56.6M added.
- The largest Liberty Broadband Class A seller in Q3 2019 was BlackRock, an estimated $43M sold.
Based on aggregated 13F filings for Q3 2019.