Liberty Broadband Class A
LBRDA
240 hedge funds and large institutions have $1.73B invested in Liberty Broadband Class A in 2018 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 55 increasing their positions, 75 reducing their positions, and 42 closing their positions.
0.3% more ownership
Funds ownership: 86.34% → 86.64% (+0.3%)
6% less funds holding
Funds holding: 254 → 240 (-14)
10% less capital invested
Capital invested by funds: $1.92B → $1.73B (-$197M)
27% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 75
29% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 42
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
80% less call options, than puts
Call options by funds: $280K | Put options by funds: $1.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Eagle Capital Management (New York)
New York
|
+$94.7M |
| 2 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$45M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$33.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.1M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$5.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$33.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$24.6M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$20.8M |
| 4 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
-$17.1M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$15.4M |
LBRDA Hedge Fund Activity: Q2 2018 in Review
240 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q2 2018, worth a combined $1.73B — down 10% from $1.92B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of LBRDA and 30 opened new positions — a net loss of 12 holders — while 75 trimmed existing stakes and 55 added.
The largest buyer was Eagle Capital Management (New York), adding an estimated $94.7M. The largest seller was D.E. Shaw & Co, cutting an estimated $33.5M.
- 240 institutional investors held Liberty Broadband Class A (LBRDA) as of Q2 2018, down from 254 in Q1 2018.
- Funds reported $1.73B of Liberty Broadband Class A stock for Q2 2018, down 10% quarter-over-quarter.
- 30 funds opened new Liberty Broadband Class A positions in Q2 2018 and 42 closed out, a net change of -12 holders.
- The largest Liberty Broadband Class A buyer in Q2 2018 was Eagle Capital Management (New York), an estimated $94.7M added.
- The largest Liberty Broadband Class A seller in Q2 2018 was D.E. Shaw & Co, an estimated $33.5M sold.
Based on aggregated 13F filings for Q2 2018.