Liberty Broadband Class A
LBRDA
257 hedge funds and large institutions have $1.28B invested in Liberty Broadband Class A in 2022 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 49 increasing their positions, 113 reducing their positions, and 60 closing their positions.
7.85% more ownership
Funds ownership: 78.82% → 86.67% (+7.9%)
11% less funds holding
Funds holding: 288 → 257 (-31)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
37% less capital invested
Capital invested by funds: $2.02B → $1.28B (-$743M)
50% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 60
57% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 113
65% less call options, than puts
Call options by funds: $231K | Put options by funds: $657K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
+$112M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$92M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$36M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$17.3M |
| 5 |
Goldman Sachs
New York
|
+$9.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$108M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$60.2M |
| 3 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
-$26.3M |
| 4 |
ClearBridge Investments
New York
|
-$25.8M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$19M |
LBRDA Hedge Fund Activity: Q3 2022 in Review
257 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q3 2022, worth a combined $1.28B — down 37% from $2.02B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of LBRDA and 30 opened new positions — a net loss of 30 holders — while 113 trimmed existing stakes and 49 added.
The largest buyer was Aristeia Capital, adding an estimated $112M. The largest seller was Norges Bank, cutting an estimated $108M.
- 257 institutional investors held Liberty Broadband Class A (LBRDA) as of Q3 2022, down from 288 in Q2 2022.
- Funds reported $1.28B of Liberty Broadband Class A stock for Q3 2022, down 37% quarter-over-quarter.
- 30 funds opened new Liberty Broadband Class A positions in Q3 2022 and 60 closed out, a net change of -30 holders.
- The largest Liberty Broadband Class A buyer in Q3 2022 was Aristeia Capital, an estimated $112M added.
- The largest Liberty Broadband Class A seller in Q3 2022 was Norges Bank, an estimated $108M sold.
Based on aggregated 13F filings for Q3 2022.