Liberty Broadband Class C
LBRDK
489 hedge funds and large institutions have $9.17B invested in Liberty Broadband Class C in 2023 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 144 increasing their positions, 196 reducing their positions, and 59 closing their positions.
24% more funds holding in top 10
Funds holding in top 10: 17 → 21 (+4)
23% more call options, than puts
Call options by funds: $2.3M | Put options by funds: $1.87M
0.26% less ownership
Funds ownership: 91.07% → 90.81% (-0.26%)
2% less capital invested
Capital invested by funds: $9.39B → $9.17B (-$223M)
4% less funds holding
Funds holding: 512 → 489 (-23)
27% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 196
31% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$183M |
| 2 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$77.3M |
| 3 |
EIM
Elliott Investment Management
West Palm Beach,
Florida
|
+$52.8M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$32.9M |
| 5 |
Harris Associates
Chicago,
Illinois
|
+$24.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$171M |
| 2 |
DCM
Dorsal Capital Management
Redwood City,
California
|
-$119M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$43.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$40.3M |
| 5 |
Eagle Capital Management (New York)
New York
|
-$35.1M |
LBRDK Hedge Fund Activity: Q2 2023 in Review
489 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class C (LBRDK) for Q2 2023, worth a combined $9.17B — down 2.4% from $9.39B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of LBRDK and 41 opened new positions — a net loss of 18 holders — while 196 trimmed existing stakes and 144 added.
The largest buyer was UBS Group, adding an estimated $183M. The largest seller was JP Morgan Chase, cutting an estimated $171M.
- 489 institutional investors held Liberty Broadband Class C (LBRDK) as of Q2 2023, down from 512 in Q1 2023.
- Funds reported $9.17B of Liberty Broadband Class C stock for Q2 2023, down 2.4% quarter-over-quarter.
- 41 funds opened new Liberty Broadband Class C positions in Q2 2023 and 59 closed out, a net change of -18 holders.
- The largest Liberty Broadband Class C buyer in Q2 2023 was UBS Group, an estimated $183M added.
- The largest Liberty Broadband Class C seller in Q2 2023 was JP Morgan Chase, an estimated $171M sold.
Based on aggregated 13F filings for Q2 2023.