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Liberty Broadband Class A

231 hedge funds and large institutions have $1.55B invested in Liberty Broadband Class A in 2016 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 53 increasing their positions, 92 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

81.78% more ownership

Funds ownership: 0%81.78% (+82%)

35% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 20

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

2% more funds holding

Funds holding: 227231 (+4)

3% more capital invested

Capital invested by funds: $1.5B → $1.55B (+$49.8M)

42% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 92

92% less call options, than puts

Call options by funds: $87K | Put options by funds: $1.04M

Holders
231
Holders Change
+4
Holders Change %
+1.76%
% of All Funds
5.78%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.2%
New
27
Increased
53
Reduced
92
Closed
20
Calls
$87K
Puts
$1.04M
Net Calls
-$956K
Net Calls Change
-$366K
Name Holding Trade Value Shares
Change
Change in
Stake
ClearBridge Investments
1
ClearBridge Investments
New York
$153M -$3.82M -55,674 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$114M +$20.4M +297,734 +23%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$94.2M +$19.2M +280,400 +28%
D.E. Shaw & Co
4
D.E. Shaw & Co
New York
$86.6M +$10.6M +154,524 +15%
Principal Financial Group
5
Principal Financial Group
Iowa
$82.3M -$937K -13,668 -1%
Norges Bank
6
Norges Bank
Norway
$59.1M +$9.61M +140,198 +21%
FP
7
FPR Partners
California
$50.8M +$4.3M +62,685 +10%
ACM
8
Ashe Capital Management
New Jersey
$50.5M
BIT
9
BlackRock Institutional Trust
California
$47M +$3.49M +50,920 +9%
Invesco
10
Invesco
Georgia
$46.4M -$2.4M -35,029 -5%
MCM
11
Marcato Capital Management
California
$37M
Victory Capital Management
12
Victory Capital Management
Texas
$32.4M -$5.14M -74,927 -14%
BM
13
Bridger Management
New York
$31.6M
BA
14
BlackRock Advisors
Delaware
$27.8M -$2.03M -29,640 -7%
Westfield Capital Management
15
Westfield Capital Management
Massachusetts
$27.8M -$10.3M -149,495 -28%
WIM
16
Weitz Investment Management
Nebraska
$26.2M -$226K -3,301 -0.9%
Calamos Advisors
17
Calamos Advisors
Illinois
$25.9M +$11.8M +171,503 +92%
Hudson Bay Capital Management
18
Hudson Bay Capital Management
Connecticut
$23.1M +$21.9M +319,073 New
Franklin Resources
19
Franklin Resources
California
$22.3M
HK
20
Horizon Kinetics
New York
$21.6M -$7.42M -108,151 -27%
State Street
21
State Street
Massachusetts
$21.3M -$471K -6,864 -2%
MAM
22
Mark Asset Management
New York
$20.1M -$579K -8,451 -3%
BFA
23
BlackRock Fund Advisors
California
$19.3M +$1.45M +21,130 +9%
SCP
24
Seizert Capital Partners
Michigan
$19.1M -$2.02M -29,510 -10%
BG
25
BlackRock Group
United Kingdom
$13.9M -$737K -10,750 -5%

LBRDA Hedge Fund Activity: Q4 2016 in Review

231 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q4 2016, worth a combined $1.55B — up 3.3% from $1.5B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new LBRDA positions and 20 closed out — a net gain of 7 holders — while 53 added to existing stakes and 92 trimmed.

The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $21.9M. The largest seller was Nuveen, exiting entirely with an estimated $13.2M sold.

  • 231 institutional investors held Liberty Broadband Class A (LBRDA) as of Q4 2016, up from 227 in Q3 2016.
  • Funds reported $1.55B of Liberty Broadband Class A stock for Q4 2016, up 3.3% quarter-over-quarter.
  • 27 funds opened new Liberty Broadband Class A positions in Q4 2016 and 20 closed out, a net change of +7 holders.
  • The largest Liberty Broadband Class A buyer in Q4 2016 was Hudson Bay Capital Management, an estimated $21.9M added.
  • The largest Liberty Broadband Class A seller in Q4 2016 was Nuveen, an estimated $13.2M sold.

Based on aggregated 13F filings for Q4 2016.