Liberty Broadband Class A
LBRDA
240 hedge funds and large institutions have $1.96B invested in Liberty Broadband Class A in 2017 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 68 increasing their positions, 72 reducing their positions, and 27 closing their positions.
70% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 27
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
7% more funds holding
Funds holding: 224 → 240 (+16)
0.77% less ownership
Funds ownership: 88.6% → 87.83% (-0.77%)
6% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 72
10% less capital invested
Capital invested by funds: $2.19B → $1.96B (-$229M)
68% less call options, than puts
Call options by funds: $914K | Put options by funds: $2.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$42.3M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$25.2M |
| 3 |
FP
FPR Partners
San Francisco,
California
|
+$24.5M |
| 4 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
+$21.1M |
| 5 |
ACM
Ashe Capital Management
Englewood Cliffs,
New Jersey
|
+$17.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$43.6M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$29.2M |
| 3 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$26.9M |
| 4 |
NM
Newtyn Management
New York
|
-$23.1M |
| 5 |
SCM
Simcoe Capital Management
New York
|
-$13.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
251
Poehling Capital Management
Madison,
Wisconsin
| – | +$88 | +1 | New |
|
|
MOS
252
MGO One Seven
Beachwood,
Ohio
| – | +$176 | +2 | New |
|
|
JFGIW
253
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | +$264 | +3 | New |
|
|
OWA
254
One Wealth Advisors
San Francisco,
California
| – | +$264 | +3 | New |
|
|
WCM
255
Wealthcare Capital Management
Richmond,
Virginia
| – | +$264 | +3 | New |
|
|
CA
256
Calton & Associates
Tampa,
Florida
| – | +$352 | +4 | New |
|
257
EARNEST Partners
Atlanta,
Georgia
| – | +$352 | +4 | New |
|
|
BTIS
258
BB&T Investment Services
Charlotte,
North Carolina
| – | +$440 | +5 | +71% |
|
|
AC
259
Avestar Capital
New York
| – | +$3.79K | +43 | New |
|
LBRDA Hedge Fund Activity: Q4 2017 in Review
240 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q4 2017, worth a combined $1.96B — down 10% from $2.19B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new LBRDA positions and 27 closed out — a net gain of 19 holders — while 68 added to existing stakes and 72 trimmed.
The largest buyer was State of New Jersey Common Pension Fund D, opening a new position worth an estimated $42.3M. The largest seller was Fidelity Investments, cutting an estimated $43.6M.
- 240 institutional investors held Liberty Broadband Class A (LBRDA) as of Q4 2017, up from 224 in Q3 2017.
- Funds reported $1.96B of Liberty Broadband Class A stock for Q4 2017, down 10% quarter-over-quarter.
- 46 funds opened new Liberty Broadband Class A positions in Q4 2017 and 27 closed out, a net change of +19 holders.
- The largest Liberty Broadband Class A buyer in Q4 2017 was State of New Jersey Common Pension Fund D, an estimated $42.3M added.
- The largest Liberty Broadband Class A seller in Q4 2017 was Fidelity Investments, an estimated $43.6M sold.
Based on aggregated 13F filings for Q4 2017.