We are live on ! Find out more
LBRDA icon

Liberty Broadband Class A
LBRDA

288 hedge funds and large institutions have $3.15B invested in Liberty Broadband Class A in 2020 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 84 increasing their positions, 88 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 25

19% more capital invested

Capital invested by funds: $2.66B → $3.15B (+$493M)

13% more funds holding in top 10

Funds holding in top 10: 8 → 9 (+1)

5% more funds holding

Funds holding: 273 → 288 (+15)

1.96% more ownership

Funds ownership: 82.01% → 83.97% (+2%)

5% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 88

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $326K

Holders
288
Holders Change
+15
Holders Change %
+5.49%
% of All Funds
5.81%
Holding in Top 10
9
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+12.5%
% of All Funds
0.18%
New
42
Increased
84
Reduced
88
Closed
25
Calls
–
Puts
$326K
Net Calls
-$326K
Net Calls Change
-$326K

Top Buyers

1
BBHC
Brown Brothers Harriman & Co
New York
+$40.9M
2
CS
Credit Suisse
Switzerland
+$32.2M
3
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
+$26.4M
4
FCM
Freshford Capital Management
New York
+$21.7M
5
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
+$8.79M

Top Sellers

1
Fidelity Investments
Fidelity Investments
Massachusetts
-$15.5M
2
Geode Capital Management
Geode Capital Management
Massachusetts
-$12.1M
3
BlackRock
BlackRock
New York
-$12M
4
Vanguard Group
Vanguard Group
Pennsylvania
-$6.9M
5
WIM
Weitz Investment Management
Nebraska
-$6.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
AIM
26
Allen Investment Management
New York
$24.7M – – –
BM
27
Bislett Management
California
$24.1M -$2.03M -15,000 -8%
Geode Capital Management
28
Geode Capital Management
Massachusetts
$23.2M -$12.1M -89,317 -35%
WIM
29
Weitz Investment Management
Nebraska
$19M -$6.1M -45,000 -25%
Legal & General Group
30
Legal & General Group
United Kingdom
$18.9M +$713K +5,261 +4%
Bank of America
31
Bank of America
North Carolina
$18.3M +$255K +1,881 +1%
BAMCO Inc
32
BAMCO Inc
New York
$14.2M – – –
Swiss National Bank
33
Swiss National Bank
Switzerland
$13.9M -$285K -2,100 -2%
First Manhattan
34
First Manhattan
New York
$13.7M +$610K +4,499 +5%
GF
35
Gabelli Funds
New York
$13.7M +$40.6K +300 +0.3%
Sumitomo Mitsui Trust Group
36
Sumitomo Mitsui Trust Group
Japan
$13.3M -$147K -1,087 -1%
SCI
37
S&CO Inc
Massachusetts
$12.7M – – –
BNP Paribas Financial Markets
38
BNP Paribas Financial Markets
France
$12.5M -$504K -3,723 -4%
N
39
Nuveen
North Carolina
$12.5M -$2.74M -20,233 -19%
BM
40
Bridger Management
New York
$12.5M – – –
Bank of New York Mellon
41
Bank of New York Mellon
New York
$11.8M +$452K +3,336 +4%
SCM
42
Sahana Capital Management
Connecticut
$11.3M +$1.05M +7,747 +11%
Brown Advisory
43
Brown Advisory
Maryland
$11.1M +$301K +2,224 +3%
Goldman Sachs
44
Goldman Sachs
New York
$11M -$2.45M -18,102 -19%
HKAM
45
Horizon Kinetics Asset Management
New York
$10.1M -$1.13M -8,307 -10%
Wells Fargo
46
Wells Fargo
California
$9.84M -$52.8K -390 -0.6%
GI
47
GAMCO Investors
Connecticut
$9.57M +$33.6K +248 +0.4%
UBS AM
48
UBS AM
Illinois
$9.49M +$2.08M +15,369 +30%
AG
49
Aperio Group
California
$8.3M +$1.76M +13,022 +29%
California State Teachers Retirement System (CalSTRS)
50
California State Teachers Retirement System (CalSTRS)
California
$8.24M +$145K +1,073 +2%
1
2
3 4 5

LBRDA Hedge Fund Activity: Q3 2020 in Review

288 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q3 2020, worth a combined $3.15B — up 19% from $2.66B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new LBRDA positions and 25 closed out — a net gain of 17 holders — while 84 added to existing stakes and 88 trimmed.

The largest buyer was Brown Brothers Harriman & Co, adding an estimated $40.9M. The largest seller was Fidelity Investments, cutting an estimated $15.5M.

  • 288 institutional investors held Liberty Broadband Class A (LBRDA) as of Q3 2020, up from 273 in Q2 2020.
  • Funds reported $3.15B of Liberty Broadband Class A stock for Q3 2020, up 19% quarter-over-quarter.
  • 42 funds opened new Liberty Broadband Class A positions in Q3 2020 and 25 closed out, a net change of +17 holders.
  • The largest Liberty Broadband Class A buyer in Q3 2020 was Brown Brothers Harriman & Co, an estimated $40.9M added.
  • The largest Liberty Broadband Class A seller in Q3 2020 was Fidelity Investments, an estimated $15.5M sold.

Based on aggregated 13F filings for Q3 2020.