Liberty Broadband Class A
LBRDA
237 hedge funds and large institutions have $1.28B invested in Liberty Broadband Class A in 2025 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 71 increasing their positions, 58 reducing their positions, and 16 closing their positions.
180% more call options, than puts
Call options by funds: $1.43M | Put options by funds: $510K
69% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 16
22% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 58
18% more capital invested
Capital invested by funds: $1.08B → $1.28B (+$196M)
4% more funds holding
Funds holding: 227 → 237 (+10)
1.02% more ownership
Funds ownership: 81.67% → 82.69% (+1%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$18.4M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$10.9M |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$8.44M |
| 4 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
+$5.21M |
| 5 |
Citigroup
New York
|
+$5.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.9M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$8.8M |
| 3 |
FP
FPR Partners
San Francisco,
California
|
-$8.5M |
| 4 |
VF
Virtu Financial
New York
|
-$7.97M |
| 5 |
Eagle Capital Management (New York)
New York
|
-$6.21M |
LBRDA Hedge Fund Activity: Q1 2025 in Review
237 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q1 2025, worth a combined $1.28B — up 18% from $1.08B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new LBRDA positions and 16 closed out — a net gain of 11 holders — while 71 added to existing stakes and 58 trimmed.
The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $18.4M. The largest seller was Fidelity Investments, cutting an estimated $29.9M.
- 237 institutional investors held Liberty Broadband Class A (LBRDA) as of Q1 2025, up from 227 in Q4 2024.
- Funds reported $1.28B of Liberty Broadband Class A stock for Q1 2025, up 18% quarter-over-quarter.
- 27 funds opened new Liberty Broadband Class A positions in Q1 2025 and 16 closed out, a net change of +11 holders.
- The largest Liberty Broadband Class A buyer in Q1 2025 was Westchester Capital Management (New York), an estimated $18.4M added.
- The largest Liberty Broadband Class A seller in Q1 2025 was Fidelity Investments, an estimated $29.9M sold.
Based on aggregated 13F filings for Q1 2025.