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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
ICM
151
III Capital Management
Florida
$2.9M +$3.26M +26,230 New
WG
152
Winton Group
United Kingdom
$2.89M +$3.25M +26,107 New
SLAM
153
Swiss Life Asset Management
$2.85M +$435K +3,494 +16%
WCM
154
Weik Capital Management
Pennsylvania
$2.79M -$69.7K -560 -2%
Natixis Advisors
155
Natixis Advisors
Massachusetts
$2.73M +$373 +3 +0%
HLCM
156
Hi-Line Capital Management
South Dakota
$2.73M -$1.48M -11,902 -33%
ASRS
157
Arizona State Retirement System
Arizona
$2.72M +$3.06M +24,602 New
GIBU
158
Gulf International Bank (UK)
United Kingdom
$2.71M
Comerica Bank
159
Comerica Bank
Texas
$2.62M +$2.09M +16,788 +423%
Brown Advisory
160
Brown Advisory
Maryland
$2.52M
OPERF
161
Oregon Public Employees Retirement Fund
Oregon
$2.51M +$2.82M +22,700 New
Caisse de Depot et Placement du Quebec (CDPQ)
162
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$2.44M +$2.4M +19,300 +715%
MWM
163
Madison Wealth Management
Ohio
$2.43M -$470K -3,775 -15%
WIM
164
Wittenberg Investment Management
Massachusetts
$2.41M -$228K -1,829 -8%
Skandinaviska Enskilda Banken (SEB)
165
Skandinaviska Enskilda Banken (SEB)
Sweden
$2.4M -$417K -3,354 -13%
CCP
166
Cardan Capital Partners
Colorado
$2.34M +$67.2K +540 +3%
URS
167
Utah Retirement Systems
Utah
$2.22M
OAM
168
Oppenheimer Asset Management
New York
$2.12M +$335K +2,689 +16%
VOYA Investment Management
169
VOYA Investment Management
Georgia
$2.09M +$36.6K +294 +2%
N
170
Natixis
France
$2.06M +$2.32M +18,622 New
Nomura Asset Management
171
Nomura Asset Management
Japan
$2.04M +$126K +1,010 +6%
FAF
172
Första AP-fonden
Sweden
$1.97M +$2.21M +17,800 New
Russell Investments Group
173
Russell Investments Group
United Kingdom
$1.96M -$73.3K -589 -3%
MOS
174
MGO One Seven
Ohio
$1.86M -$10.8K -87 -0.5%
LCS
175
Levin Capital Strategies
New York
$1.85M

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.