Liberty Broadband Class A
LBRDA
250 hedge funds and large institutions have $1.15B invested in Liberty Broadband Class A in 2022 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 52 increasing their positions, 93 reducing their positions, and 41 closing their positions.
5% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 41
3% less funds holding
Funds holding: 257 → 250 (-7)
5.29% less ownership
Funds ownership: 86.67% → 81.38% (-5.3%)
10% less capital invested
Capital invested by funds: $1.28B → $1.15B (-$122M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
44% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 93
87% less call options, than puts
Call options by funds: $402K | Put options by funds: $3.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
+$28.8M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$16.4M |
| 3 |
CI
Cooper Investors
Melbourne, Victoria,
Australia
|
+$9.73M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$9.1M |
| 5 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
+$4.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$36.8M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$28.5M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$24.8M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$23.4M |
| 5 |
KBC Group
Brussels,
Belgium
|
-$18M |
LBRDA Hedge Fund Activity: Q4 2022 in Review
250 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q4 2022, worth a combined $1.15B — down 9.6% from $1.28B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of LBRDA and 39 opened new positions — a net loss of 2 holders — while 93 trimmed existing stakes and 52 added.
The largest buyer was Fort Baker Capital Management, opening a new position worth an estimated $28.8M. The largest seller was Principal Financial Group, cutting an estimated $36.8M.
- 250 institutional investors held Liberty Broadband Class A (LBRDA) as of Q4 2022, down from 257 in Q3 2022.
- Funds reported $1.15B of Liberty Broadband Class A stock for Q4 2022, down 9.6% quarter-over-quarter.
- 39 funds opened new Liberty Broadband Class A positions in Q4 2022 and 41 closed out, a net change of -2 holders.
- The largest Liberty Broadband Class A buyer in Q4 2022 was Fort Baker Capital Management, an estimated $28.8M added.
- The largest Liberty Broadband Class A seller in Q4 2022 was Principal Financial Group, an estimated $36.8M sold.
Based on aggregated 13F filings for Q4 2022.