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Liberty Broadband Class C

577 hedge funds and large institutions have $24.4B invested in Liberty Broadband Class C in 2021 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 163 increasing their positions, 206 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

215% more call options, than puts

Call options by funds: $11.5M | Put options by funds: $3.66M

21% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 53

12% more funds holding in top 10

Funds holding in top 10: 5258 (+6)

10% more capital invested

Capital invested by funds: $22.2B → $24.4B (+$2.2B)

1% more funds holding

Funds holding: 569577 (+8)

1.24% less ownership

Funds ownership: 88.98%87.74% (-1.2%)

21% less repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 206

Holders
577
Holders Change
+8
Holders Change %
+1.41%
% of All Funds
10.04%
Holding in Top 10
58
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+11.54%
% of All Funds
1.01%
New
64
Increased
163
Reduced
206
Closed
53
Calls
$11.5M
Puts
$3.66M
Net Calls
+$7.86M
Net Calls Change
-$3.23M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.41B -$199M -1,237,700 -8%
Eagle Capital Management (New York)
2
Eagle Capital Management (New York)
New York
$1.59B -$13.3M -82,552 -0.9%
BlackRock
3
BlackRock
New York
$1.44B -$314M -1,950,030 -19%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$931M -$192M -1,190,533 -18%
Principal Financial Group
5
Principal Financial Group
Iowa
$924M +$15.7M +97,846 +2%
AC
6
Aristeia Capital
Connecticut
$809M +$139M +861,499 +23%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$759M +$61.6M +382,902 +10%
SFM
8
Soros Fund Management
New York
$691M -$36.1M -224,333 -5%
FP
9
FPR Partners
California
$619M
JP Morgan Chase
10
JP Morgan Chase
New York
$600M +$190M +1,179,394 +52%
State Street
11
State Street
Massachusetts
$589M +$25M +155,189 +5%
RCG
12
Ruane, Cunniff & Goldfarb
New York
$483M -$5M -31,097 -1%
Bank of America
13
Bank of America
North Carolina
$480M +$6.56M +40,796 +1%
SP
14
Stockbridge Partners
Massachusetts
$442M -$162M -1,009,643 -28%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$360M -$59.5M -369,879 -15%
ClearBridge Investments
16
ClearBridge Investments
New York
$356M -$12.1M -74,997 -4%
CRCM
17
Cat Rock Capital Management
Connecticut
$340M -$19.6M -122,000 -6%
Harris Associates
18
Harris Associates
Illinois
$321M +$3.23M +20,070 +1%
CS
19
Credit Suisse
Switzerland
$320M +$44.6M +277,055 +18%
RRAM
20
River Road Asset Management
Kentucky
$313M +$27M +167,870 +10%
DCM
21
Dorsal Capital Management
California
$304M +$24.1M +150,000 +9%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$240M +$24.4M +151,712 +12%
CCM
23
Cadian Capital Management
New York
$229M -$146M -909,646 -41%
MAM
24
Madison Asset Management
Wisconsin
$223M +$858K +5,332 +0.4%
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$217M -$5.56M -34,570 -3%

LBRDK Hedge Fund Activity: Q2 2021 in Review

577 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class C (LBRDK) for Q2 2021, worth a combined $24.4B — up 9.9% from $22.2B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new LBRDK positions and 53 closed out — a net gain of 11 holders — while 163 added to existing stakes and 206 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $190M. The largest seller was BlackRock, cutting an estimated $314M.

  • 577 institutional investors held Liberty Broadband Class C (LBRDK) as of Q2 2021, up from 569 in Q1 2021.
  • Funds reported $24.4B of Liberty Broadband Class C stock for Q2 2021, up 9.9% quarter-over-quarter.
  • 64 funds opened new Liberty Broadband Class C positions in Q2 2021 and 53 closed out, a net change of +11 holders.
  • The largest Liberty Broadband Class C buyer in Q2 2021 was JP Morgan Chase, an estimated $190M added.
  • The largest Liberty Broadband Class C seller in Q2 2021 was BlackRock, an estimated $314M sold.

Based on aggregated 13F filings for Q2 2021.