Liberty Broadband Class A
LBRDA
227 hedge funds and large institutions have $1.5B invested in Liberty Broadband Class A in 2016 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 61 increasing their positions, 87 reducing their positions, and 20 closing their positions.
25% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 20
19% more capital invested
Capital invested by funds: $1.27B → $1.5B (+$237M)
2% more funds holding
Funds holding: 223 → 227 (+4)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
30% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 87
88% less call options, than puts
Call options by funds: $84K | Put options by funds: $674K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
+$35.1M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
+$12.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.05M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.91M |
| 5 |
Renaissance Technologies
New York
|
+$7.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$30.1M |
| 2 |
D.E. Shaw & Co
New York
|
-$22M |
| 3 |
HK
Horizon Kinetics
New York
|
-$7.37M |
| 4 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$5.67M |
| 5 |
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
|
-$5.54M |
LBRDA Hedge Fund Activity: Q3 2016 in Review
227 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q3 2016, worth a combined $1.5B — up 19% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new LBRDA positions and 20 closed out — a net gain of 5 holders — while 61 added to existing stakes and 87 trimmed.
The largest buyer was Westfield Capital Management, opening a new position worth an estimated $35.1M. The largest seller was Vanguard Group, cutting an estimated $30.1M.
- 227 institutional investors held Liberty Broadband Class A (LBRDA) as of Q3 2016, up from 223 in Q2 2016.
- Funds reported $1.5B of Liberty Broadband Class A stock for Q3 2016, up 19% quarter-over-quarter.
- 25 funds opened new Liberty Broadband Class A positions in Q3 2016 and 20 closed out, a net change of +5 holders.
- The largest Liberty Broadband Class A buyer in Q3 2016 was Westfield Capital Management, an estimated $35.1M added.
- The largest Liberty Broadband Class A seller in Q3 2016 was Vanguard Group, an estimated $30.1M sold.
Based on aggregated 13F filings for Q3 2016.