Liberty Broadband Class A
LBRDA
228 hedge funds and large institutions have $1.16B invested in Liberty Broadband Class A in 2015 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 60 increasing their positions, 76 reducing their positions, and 37 closing their positions.
40% more call options, than puts
Call options by funds: $1.59M | Put options by funds: $1.14M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
4% more capital invested
Capital invested by funds: $1.12B → $1.16B (+$39.7M)
5% less funds holding
Funds holding: 241 → 228 (-13)
21% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 76
27% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$14M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$13.7M |
| 3 |
ClearBridge Investments
New York
|
+$13.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.61M |
| 5 |
ICAP
Independence Capital Asset Partners
Denver,
Colorado
|
+$6.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$48.4M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$34.7M |
| 3 |
Goldman Sachs
New York
|
-$21.1M |
| 4 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$10.6M |
| 5 |
BlackRock
New York
|
-$8.71M |
LBRDA Hedge Fund Activity: Q1 2015 in Review
228 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q1 2015, worth a combined $1.16B — up 3.6% from $1.12B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of LBRDA and 27 opened new positions — a net loss of 10 holders — while 76 trimmed existing stakes and 60 added.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $14M. The largest seller was State Street, cutting an estimated $48.4M.
- 228 institutional investors held Liberty Broadband Class A (LBRDA) as of Q1 2015, down from 241 in Q4 2014.
- Funds reported $1.16B of Liberty Broadband Class A stock for Q1 2015, up 3.6% quarter-over-quarter.
- 27 funds opened new Liberty Broadband Class A positions in Q1 2015 and 37 closed out, a net change of -10 holders.
- The largest Liberty Broadband Class A buyer in Q1 2015 was Adage Capital Partners, an estimated $14M added.
- The largest Liberty Broadband Class A seller in Q1 2015 was State Street, an estimated $48.4M sold.
Based on aggregated 13F filings for Q1 2015.