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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
SA
126
Sycale Advisors
New York
$4.97M +$5.78M +46,416 New
ACI
127
AMP Capital Investors
Australia
$4.82M +$1.65M +13,294 +46%
FBCM
128
Fort Baker Capital Management
California
$4.76M -$12.8M -102,505 -70%
HSBC Holdings
129
HSBC Holdings
United Kingdom
$4.76M -$1.39M -11,151 -21%
Royal London Asset Management
130
Royal London Asset Management
United Kingdom
$4.75M -$45.3K -364 -0.9%
EVM
131
Eaton Vance Management
Massachusetts
$4.71M +$10.9K +88 +0.2%
PAMU
132
Pictet Asset Management (UK)
United Kingdom
$4.67M +$348K +2,800 +7%
Ohio Public Employees Retirement System (OPERS)
133
Ohio Public Employees Retirement System (OPERS)
Ohio
$4.57M +$655K +5,266 +15%
BM
134
Bislett Management
California
$4.43M
PAM
135
Panagora Asset Management
Massachusetts
$4.31M +$583K +4,683 +14%
LNWWM
136
Laird Norton Wetherby Wealth Management
California
$4.12M -$433K -3,480 -9%
AG
137
Aperio Group
California
$4.09M +$236K +1,898 +5%
GKFF
138
George Kaiser Family Foundation
Oklahoma
$4.05M
FAF
139
Fjarde Ap-fonden
Sweden
$4.04M +$24.9K +200 +0.6%
Janney Montgomery Scott
140
Janney Montgomery Scott
Pennsylvania
$3.97M +$1.07M +8,601 +32%
GIA
141
Gateway Investment Advisers
Ohio
$3.85M +$736K +5,913 +21%
MRI
142
Mad River Investors
Massachusetts
$3.6M -$1.5M -12,087 -27%
AQR Capital Management
143
AQR Capital Management
Connecticut
$3.55M +$3.12M +25,090 +359%
XK
144
Xact Kapitalforvaltning
Sweden
$3.52M -$101K -814 -2%
NIPH
145
NN Investment Partners Holdings
Netherlands
$3.39M +$3.81M +30,645 New
HCM
146
Hutchinson Capital Management
California
$3.12M +$3.5M +28,157 New
WCM
147
Wallace Capital Management
Texas
$3.04M -$111K -893 -3%
Ameriprise
148
Ameriprise
Minnesota
$3.04M -$109K -876 -3%
Zurich Cantonal Bank
149
Zurich Cantonal Bank
Switzerland
$2.97M +$366K +2,940 +12%
Korea Investment Corp
150
Korea Investment Corp
South Korea
$2.93M +$3.3M +26,500 New

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.