Liberty Broadband Class C
LBRDK
245 hedge funds and large institutions have $3.02B invested in Liberty Broadband Class C in 2015 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 82 increasing their positions, 65 reducing their positions, and 30 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 65
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
2% less funds holding
Funds holding: 251 → 245 (-6)
10% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 30
10% less capital invested
Capital invested by funds: $3.36B → $3.02B (-$343M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VM
Valinor Management
New York
|
+$74.9M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$21.1M |
| 3 |
ACM
Ashe Capital Management
Englewood Cliffs,
New Jersey
|
+$16.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.9M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$50.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$42.5M |
| 3 |
Tiger Global Management
New York
|
-$29.1M |
| 4 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$28.9M |
| 5 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$18.2M |
LBRDK Hedge Fund Activity: Q2 2015 in Review
245 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class C (LBRDK) for Q2 2015, worth a combined $3.02B — down 10% from $3.36B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of LBRDK and 27 opened new positions — a net loss of 3 holders — while 65 trimmed existing stakes and 82 added.
The largest buyer was Valinor Management, adding an estimated $74.9M. The largest seller was State Street, exiting entirely with an estimated $50.3M sold.
- 245 institutional investors held Liberty Broadband Class C (LBRDK) as of Q2 2015, down from 251 in Q1 2015.
- Funds reported $3.02B of Liberty Broadband Class C stock for Q2 2015, down 10% quarter-over-quarter.
- 27 funds opened new Liberty Broadband Class C positions in Q2 2015 and 30 closed out, a net change of -3 holders.
- The largest Liberty Broadband Class C buyer in Q2 2015 was Valinor Management, an estimated $74.9M added.
- The largest Liberty Broadband Class C seller in Q2 2015 was State Street, an estimated $50.3M sold.
Based on aggregated 13F filings for Q2 2015.