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Liberty Broadband Class C

429 hedge funds and large institutions have $11B invested in Liberty Broadband Class C in 2020 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 141 increasing their positions, 127 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 141 | Existing positions reduced: 127

7% more funds holding in top 10

Funds holding in top 10: 2830 (+2)

0.83% less ownership

Funds ownership: 66.04%65.21% (-0.83%)

3% less first-time investments, than exits

New positions opened: 64 | Existing positions closed: 66

2% less funds holding

Funds holding: 437429 (-8)

13% less capital invested

Capital invested by funds: $12.7B → $11B (-$1.7B)

59% less call options, than puts

Call options by funds: $610K | Put options by funds: $1.49M

Holders
429
Holders Change
-8
Holders Change %
-1.83%
% of All Funds
9.45%
Holding in Top 10
30
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+7.14%
% of All Funds
0.66%
New
64
Increased
141
Reduced
127
Closed
66
Calls
$610K
Puts
$1.49M
Net Calls
-$880K
Net Calls Change
+$1.34M
Name Holding Trade Value Shares
Change
Change in
Stake
SFS
251
Sowell Financial Services
Arkansas
$492K +$544K +4,372 +6,246%
PMG
252
Private Management Group
California
$489K
VAS
253
Vestmark Advisory Solutions
Massachusetts
$480K +$540K +4,339 New
SM
254
Sciencast Management
New Jersey
$475K +$262K +2,105 +92%
Nordea Investment Management
255
Nordea Investment Management
Sweden
$457K +$34.7K +279 +7%
Mackenzie Financial
256
Mackenzie Financial
Ontario, Canada
$453K +$134K +1,079 +36%
PP
257
Paloma Partners
Connecticut
$453K +$509K +4,089 New
TP
258
Truvvo Partners
New York
$431K -$156K -1,250 -24%
HIM
259
Hillsdale Investment Management
Ontario, Canada
$431K +$485K +3,900 New
UFF
260
USA Financial Formulas
Michigan
$425K +$478K +3,842 New
WPW
261
Waldron Private Wealth
Pennsylvania
$413K -$5.1K -41 -1%
Jane Street
262
Jane Street
New York
$409K +$460K +3,694 New
PP
263
Palladium Partners
Virginia
$393K
PGIM
264
Pacific Global Investment Management
California
$383K -$49.3K -396 -10%
GFP
265
Gryphon Financial Partners
Ohio
$378K -$17.2K -138 -4%
SDWMA
266
Schneider Downs Wealth Management Advisors
Pennsylvania
$377K
Wellington Management Group
267
Wellington Management Group
Massachusetts
$376K +$422K +3,392 New
FT
268
Fiduciary Trust
Massachusetts
$361K
Acadian Asset Management
269
Acadian Asset Management
Massachusetts
$351K +$339K +2,726 +617%
RCA
270
Rowland Carmichael Advisors
Arizona
$341K
ERSOT
271
Employees Retirement System of Texas
Texas
$332K +$373K +3,000 New
CG
272
Colony Group
Massachusetts
$322K +$75.8K +609 +27%
PI
273
PFS Investments
Georgia
$310K +$76.9K +618 +28%
SAM
274
Shell Asset Management
Netherlands
$305K -$154K -1,234 -31%
FHA
275
First Horizon Advisors
Tennessee
$304K -$498 -4 -0.1%

LBRDK Hedge Fund Activity: Q1 2020 in Review

429 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class C (LBRDK) for Q1 2020, worth a combined $11B — down 13% from $12.7B a quarter earlier.

Sellers outnumbered buyers: 66 funds closed out of LBRDK and 64 opened new positions — a net loss of 2 holders — while 127 trimmed existing stakes and 141 added.

The largest buyer was Cat Rock Capital Management, opening a new position worth an estimated $194M. The largest seller was Coatue Management, cutting an estimated $400M.

  • 429 institutional investors held Liberty Broadband Class C (LBRDK) as of Q1 2020, down from 437 in Q4 2019.
  • Funds reported $11B of Liberty Broadband Class C stock for Q1 2020, down 13% quarter-over-quarter.
  • 64 funds opened new Liberty Broadband Class C positions in Q1 2020 and 66 closed out, a net change of -2 holders.
  • The largest Liberty Broadband Class C buyer in Q1 2020 was Cat Rock Capital Management, an estimated $194M added.
  • The largest Liberty Broadband Class C seller in Q1 2020 was Coatue Management, an estimated $400M sold.

Based on aggregated 13F filings for Q1 2020.