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Liberty Broadband Class A

227 hedge funds and large institutions have $1.22B invested in Liberty Broadband Class A in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 51 increasing their positions, 88 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

236% more call options, than puts

Call options by funds: $386K | Put options by funds: $115K

6% more capital invested

Capital invested by funds: $1.15B → $1.22B (+$70.3M)

0.05% more ownership

Funds ownership: 81.38%81.43% (+0.05%)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

9% less funds holding

Funds holding: 250227 (-23)

42% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 88

51% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 35

Holders
227
Holders Change
-23
Holders Change %
-9.2%
% of All Funds
3.62%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
17
Increased
51
Reduced
88
Closed
35
Calls
$386K
Puts
$115K
Net Calls
+$271K
Net Calls Change
+$2.94M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$141M +$1.15M +13,304 +0.8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$124M +$2.02M +23,388 +2%
AC
3
Aristeia Capital
Connecticut
$111M -$5.6M -64,919 -5%
FP
4
FPR Partners
California
$104M -$191K -2,215 -0.2%
RCG
5
Ruane, Cunniff & Goldfarb
New York
$67.5M -$1.21M -14,062 -2%
BlackRock
6
BlackRock
New York
$57.5M -$3.36M -38,911 -5%
D.E. Shaw & Co
7
D.E. Shaw & Co
New York
$55.9M -$488K -5,654 -0.8%
ClearBridge Investments
8
ClearBridge Investments
New York
$53.4M
Eagle Capital Management (New York)
9
Eagle Capital Management (New York)
New York
$52.9M -$4.25M -49,202 -7%
SCP
10
Seizert Capital Partners
Michigan
$26.9M -$836K -9,690 -3%
CI
11
Cooper Investors
Australia
$25.2M +$16.1M +186,707 +156%
State Street
12
State Street
Massachusetts
$24.6M -$714K -8,279 -3%
Principal Financial Group
13
Principal Financial Group
Iowa
$17.3M -$8.85M -102,558 -33%
MG
14
Markel Group
Virginia
$16.9M
FBCM
15
Fort Baker Capital Management
California
$16.8M -$12.9M -149,179 -42%
WIM
16
Weitz Investment Management
Nebraska
$15.6M
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$14.8M +$250K +2,892 +2%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$14.2M +$602K +6,980 +4%
HLCM
19
Hi-Line Capital Management
South Dakota
$13.5M -$40.2K -466 -0.3%
GIP
20
Gavilan Investment Partners
California
$12.7M +$5.3M +61,401 +66%
Norges Bank
21
Norges Bank
Norway
$11.9M -$6.96M -80,682 -36%
LFCM
22
Long Focus Capital Management
Puerto Rico
$11.8M
Morgan Stanley
23
Morgan Stanley
New York
$11.8M -$678K -7,854 -5%
BM
24
Bislett Management
California
$10.3M
WA
25
Whitebox Advisors
Minnesota
$9.7M

LBRDA Hedge Fund Activity: Q1 2023 in Review

227 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class A (LBRDA) for Q1 2023, worth a combined $1.22B — up 6.1% from $1.15B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of LBRDA and 17 opened new positions — a net loss of 18 holders — while 88 trimmed existing stakes and 51 added.

The largest buyer was Cooper Investors, adding an estimated $16.1M. The largest seller was Fort Baker Capital Management, cutting an estimated $12.9M.

  • 227 institutional investors held Liberty Broadband Class A (LBRDA) as of Q1 2023, down from 250 in Q4 2022.
  • Funds reported $1.22B of Liberty Broadband Class A stock for Q1 2023, up 6.1% quarter-over-quarter.
  • 17 funds opened new Liberty Broadband Class A positions in Q1 2023 and 35 closed out, a net change of -18 holders.
  • The largest Liberty Broadband Class A buyer in Q1 2023 was Cooper Investors, an estimated $16.1M added.
  • The largest Liberty Broadband Class A seller in Q1 2023 was Fort Baker Capital Management, an estimated $12.9M sold.

Based on aggregated 13F filings for Q1 2023.