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Liberty Broadband Class A

239 hedge funds and large institutions have $1.95B invested in Liberty Broadband Class A in 2018 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 51 increasing their positions, 76 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more capital invested

Capital invested by funds: $1.73B → $1.95B (+$224M)

1.24% more ownership

Funds ownership: 86.64%87.88% (+1.2%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 27

0% less funds holding

Funds holding: 240239 (-1)

33% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 76

58% less call options, than puts

Call options by funds: $202K | Put options by funds: $481K

Holders
239
Holders Change
-1
Holders Change %
-0.42%
% of All Funds
5.46%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
27
Increased
51
Reduced
76
Closed
27
Calls
$202K
Puts
$481K
Net Calls
-$279K
Net Calls Change
+$871K
Name Holding Trade Value Shares
Change
Change in
Stake
ClearBridge Investments
1
ClearBridge Investments
New York
$163M -$2.86M -35,921 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$143M -$7.13M -89,546 -5%
BlackRock
3
BlackRock
New York
$132M -$2.9M -36,444 -2%
FP
4
FPR Partners
California
$117M +$17.1M +214,479 +18%
Eagle Capital Management (New York)
5
Eagle Capital Management (New York)
New York
$108M -$230K -2,893 -0.2%
D.E. Shaw & Co
6
D.E. Shaw & Co
New York
$98.3M -$6.63M -83,333 -7%
RCG
7
Ruane, Cunniff & Goldfarb
New York
$95.3M -$981K -12,324 -1%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$90.8M +$36.6M +460,116 +75%
Invesco
9
Invesco
Georgia
$88.3M +$10.5M +132,551 +14%
ACM
10
Ashe Capital Management
New Jersey
$86.7M
Principal Financial Group
11
Principal Financial Group
Iowa
$79.5M +$61.6K +774 +0.1%
Norges Bank
12
Norges Bank
Norway
$55.7M
BBHC
13
Brown Brothers Harriman & Co
New York
$50.5M
BM
14
Bridger Management
New York
$32.9M
SCP
15
Seizert Capital Partners
Michigan
$29.1M +$6.26M +78,609 +30%
WIM
16
Weitz Investment Management
Nebraska
$28.7M -$796K -10,000 -3%
AIM
17
Artemis Investment Management
United Kingdom
$28.7M +$9.95M +125,052 +58%
State of Wisconsin Investment Board
18
State of Wisconsin Investment Board
Wisconsin
$26.1M -$1.01M -12,700 -4%
HP
19
Hound Partners
New York
$24.7M -$4.04M -50,809 -15%
State Street
20
State Street
Massachusetts
$24.1M +$3.5K +44 +0%
FAM
21
Foxhaven Asset Management
Virginia
$23.2M
State of New Jersey Common Pension Fund D
22
State of New Jersey Common Pension Fund D
New Jersey
$22.8M -$11.1M -140,000 -34%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$21.1M -$844K -10,606 -4%
FCM
24
Freshford Capital Management
New York
$19.1M +$2.39M +30,056 +15%
MG
25
Markel Group
Virginia
$17.3M

LBRDA Hedge Fund Activity: Q3 2018 in Review

239 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q3 2018, worth a combined $1.95B — up 13% from $1.73B a quarter earlier.

Fund positioning in LBRDA was balanced in Q3 2018: 27 funds opened new positions, 27 closed out, 51 added to existing stakes and 76 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $36.6M. The largest seller was State of New Jersey Common Pension Fund D, cutting an estimated $11.1M.

  • 239 institutional investors held Liberty Broadband Class A (LBRDA) as of Q3 2018, down from 240 in Q2 2018.
  • Funds reported $1.95B of Liberty Broadband Class A stock for Q3 2018, up 13% quarter-over-quarter.
  • 27 funds opened new Liberty Broadband Class A positions in Q3 2018 and 27 closed out, a net change of 0 holders.
  • The largest Liberty Broadband Class A buyer in Q3 2018 was Fidelity Investments, an estimated $36.6M added.
  • The largest Liberty Broadband Class A seller in Q3 2018 was State of New Jersey Common Pension Fund D, an estimated $11.1M sold.

Based on aggregated 13F filings for Q3 2018.