Liberty Broadband Class A
LBRDA
242 hedge funds and large institutions have $2.21B invested in Liberty Broadband Class A in 2019 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 46 increasing their positions, 90 reducing their positions, and 30 closing their positions.
23% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 30
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
8% more capital invested
Capital invested by funds: $2.05B → $2.21B (+$164M)
1% more funds holding
Funds holding: 240 → 242 (+2)
3.28% less ownership
Funds ownership: 85.04% → 81.76% (-3.3%)
49% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 90
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$10M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$9.13M |
| 3 |
FP
FPR Partners
San Francisco,
California
|
+$5.51M |
| 4 |
Renaissance Technologies
New York
|
+$5.16M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$3.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$30.4M |
| 2 |
HP
Hound Partners
New York
|
-$20.8M |
| 3 |
ClearBridge Investments
New York
|
-$17M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$15.9M |
| 5 |
BM
Bridger Management
New York
|
-$8.32M |
LBRDA Hedge Fund Activity: Q2 2019 in Review
242 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q2 2019, worth a combined $2.21B — up 8% from $2.05B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new LBRDA positions and 30 closed out — a net gain of 7 holders — while 46 added to existing stakes and 90 trimmed.
The largest buyer was Franklin Resources, adding an estimated $10M. The largest seller was Fidelity Investments, cutting an estimated $30.4M.
- 242 institutional investors held Liberty Broadband Class A (LBRDA) as of Q2 2019, up from 240 in Q1 2019.
- Funds reported $2.21B of Liberty Broadband Class A stock for Q2 2019, up 8% quarter-over-quarter.
- 37 funds opened new Liberty Broadband Class A positions in Q2 2019 and 30 closed out, a net change of +7 holders.
- The largest Liberty Broadband Class A buyer in Q2 2019 was Franklin Resources, an estimated $10M added.
- The largest Liberty Broadband Class A seller in Q2 2019 was Fidelity Investments, an estimated $30.4M sold.
Based on aggregated 13F filings for Q2 2019.