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Liberty Broadband Class A

273 hedge funds and large institutions have $2.66B invested in Liberty Broadband Class A in 2020 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 71 increasing their positions, 80 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 32

15% more capital invested

Capital invested by funds: $2.3B → $2.66B (+$356M)

11% more funds holding

Funds holding: 247273 (+26)

0.73% more ownership

Funds ownership: 81.27%82.01% (+0.73%)

11% less repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 80

20% less funds holding in top 10

Funds holding in top 10: 108 (-2)

Holders
273
Holders Change
+26
Holders Change %
+10.53%
% of All Funds
5.6%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.16%
New
60
Increased
71
Reduced
80
Closed
32
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$234M -$11.6M -94,165 -5%
ClearBridge Investments
2
ClearBridge Investments
New York
$172M -$5.71M -46,407 -3%
BlackRock
3
BlackRock
New York
$146M +$21.3M +172,898 +17%
FP
4
FPR Partners
California
$144M +$1.69M +13,725 +1%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$128M +$9.63M +78,308 +8%
ACM
6
Ashe Capital Management
New Jersey
$126M
RCG
7
Ruane, Cunniff & Goldfarb
New York
$120M -$947K -7,701 -0.8%
Principal Financial Group
8
Principal Financial Group
Iowa
$115M +$765K +6,222 +0.7%
Eagle Capital Management (New York)
9
Eagle Capital Management (New York)
New York
$115M -$5.29M -43,011 -4%
Franklin Resources
10
Franklin Resources
California
$100M +$306K +2,491 +0.3%
Hudson Bay Capital Management
11
Hudson Bay Capital Management
Connecticut
$98.3M -$3.07M -25,000 -3%
BBHC
12
Brown Brothers Harriman & Co
New York
$95.7M +$10.6M +85,981 +12%
D.E. Shaw & Co
13
D.E. Shaw & Co
New York
$90M -$2.24M -18,189 -2%
Norges Bank
14
Norges Bank
Norway
$86.3M -$55.2M -449,179 -39%
State Street
15
State Street
Massachusetts
$58.4M +$23.6M +191,972 +67%
State of Wisconsin Investment Board
16
State of Wisconsin Investment Board
Wisconsin
$49.3M +$1.68M +13,696 +4%
Victory Capital Management
17
Victory Capital Management
Texas
$44.6M +$20.7M +168,713 +86%
Invesco
18
Invesco
Georgia
$38.9M -$8.28M -67,353 -17%
FCM
19
Freshford Capital Management
New York
$36.2M -$3.39M -27,541 -9%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$30.9M +$1.17M +9,551 +4%
SCP
21
Seizert Capital Partners
Michigan
$29.7M -$2.41M -19,604 -7%
Northern Trust
22
Northern Trust
Illinois
$27.4M +$3.64M +29,580 +15%
MG
23
Markel Group
Virginia
$25.1M
BM
24
Bislett Management
California
$22.6M
WIM
25
Weitz Investment Management
Nebraska
$21.8M -$1.69M -13,750 -7%

LBRDA Hedge Fund Activity: Q2 2020 in Review

273 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q2 2020, worth a combined $2.66B — up 15% from $2.3B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new LBRDA positions and 32 closed out — a net gain of 28 holders — while 71 added to existing stakes and 80 trimmed.

The largest buyer was State Street, adding an estimated $23.6M. The largest seller was Norges Bank, cutting an estimated $55.2M.

  • 273 institutional investors held Liberty Broadband Class A (LBRDA) as of Q2 2020, up from 247 in Q1 2020.
  • Funds reported $2.66B of Liberty Broadband Class A stock for Q2 2020, up 15% quarter-over-quarter.
  • 60 funds opened new Liberty Broadband Class A positions in Q2 2020 and 32 closed out, a net change of +28 holders.
  • The largest Liberty Broadband Class A buyer in Q2 2020 was State Street, an estimated $23.6M added.
  • The largest Liberty Broadband Class A seller in Q2 2020 was Norges Bank, an estimated $55.2M sold.

Based on aggregated 13F filings for Q2 2020.