Liberty Broadband Class A
LBRDA
328 hedge funds and large institutions have $2.92B invested in Liberty Broadband Class A in 2021 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 78 increasing their positions, 116 reducing their positions, and 29 closing their positions.
69% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 29
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
5% more funds holding
Funds holding: 312 → 328 (+16)
3.58% less ownership
Funds ownership: 79.96% → 76.39% (-3.6%)
13% less capital invested
Capital invested by funds: $3.35B → $2.92B (-$423M)
33% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 116
84% less call options, than puts
Call options by funds: $1.5M | Put options by funds: $9.48M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stonehill Capital Management
New York
|
+$19.6M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
+$17.5M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$14.3M |
| 4 |
Lazard Asset Management
New York
|
+$6.21M |
| 5 |
SCC
Steel Canyon Capital
Phoenix,
Arizona
|
+$6.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$87.8M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$42.8M |
| 3 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
-$42.2M |
| 4 |
ClearBridge Investments
New York
|
-$39.6M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$37.9M |
LBRDA Hedge Fund Activity: Q4 2021 in Review
328 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q4 2021, worth a combined $2.92B — down 13% from $3.35B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new LBRDA positions and 29 closed out — a net gain of 20 holders — while 78 added to existing stakes and 116 trimmed.
The largest buyer was Stonehill Capital Management, opening a new position worth an estimated $19.6M. The largest seller was Brown Brothers Harriman & Co, cutting an estimated $87.8M.
- 328 institutional investors held Liberty Broadband Class A (LBRDA) as of Q4 2021, up from 312 in Q3 2021.
- Funds reported $2.92B of Liberty Broadband Class A stock for Q4 2021, down 13% quarter-over-quarter.
- 49 funds opened new Liberty Broadband Class A positions in Q4 2021 and 29 closed out, a net change of +20 holders.
- The largest Liberty Broadband Class A buyer in Q4 2021 was Stonehill Capital Management, an estimated $19.6M added.
- The largest Liberty Broadband Class A seller in Q4 2021 was Brown Brothers Harriman & Co, an estimated $87.8M sold.
Based on aggregated 13F filings for Q4 2021.