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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
LWCA
101
Locust Wood Capital Advisers
New York
$10.9M -$2.26M -18,165 -16%
RhumbLine Advisers
102
RhumbLine Advisers
Massachusetts
$10.5M +$1.2M +9,665 +11%
TD Asset Management
103
TD Asset Management
Ontario, Canada
$10.2M +$356K +2,857 +3%
MSV
104
MN Services Vermogensbeheer
Netherlands
$10M -$734K -5,900 -6%
GEH
105
General Equity Holdings
New York
$9.22M +$10.4M +83,293 New
NFC
106
Northeast Financial Consultants
Connecticut
$8.85M
CVM
107
Cheviot Value Management
California
$8.39M -$5.35K -43 -0.1%
BGIM
108
Boussard & Gavaudan Investment Management
United Kingdom
$8.34M -$14.5M -116,333 -61%
Citigroup
109
Citigroup
New York
$8.25M +$2.27M +18,225 +32%
HP
110
Hosking Partners
United Kingdom
$8.11M +$79.3K +637 +0.9%
First Trust Advisors
111
First Trust Advisors
Illinois
$7.97M +$8.39M +67,411 +1,465%
UM
112
Ulysses Management
New York
$7.42M
Neuberger Berman Group
113
Neuberger Berman Group
New York
$7.1M +$7.32M +58,823 +1,115%
Envestnet Asset Management
114
Envestnet Asset Management
Illinois
$6.62M +$675K +5,423 +10%
Marshall Wace
115
Marshall Wace
United Kingdom
$6.57M +$4.17M +33,484 +130%
Aviva
116
Aviva
United Kingdom
$6.31M +$2.03M +16,298 +40%
SAM
117
Storebrand Asset Management
Norway
$6.29M +$7.07M +56,786 New
AAMU
118
Amundi Asset Management US
Massachusetts
$6.08M +$1.5M +12,033 +28%
AA
119
ALPS Advisors
Colorado
$6.02M +$5.05M +40,563 +293%
AAF
120
Andra AP-fonden
Sweden
$5.91M +$12.4K +100 +0.2%
Asset Management One
121
Asset Management One
Japan
$5.79M -$198K -1,595 -3%
Stifel Financial
122
Stifel Financial
Missouri
$5.78M +$552K +4,435 +9%
Canada Life
123
Canada Life
Manitoba, Canada
$5.53M -$583K -4,684 -9%
CPM
124
Crescent Park Management
California
$5.37M -$4.16M -33,451 -41%
Treasurer of the State of North Carolina
125
Treasurer of the State of North Carolina
North Carolina
$5.08M +$2.26M +18,130 +65%

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.