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Liberty Broadband Class C

577 hedge funds and large institutions have $17.3B invested in Liberty Broadband Class C in 2022 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 173 increasing their positions, 217 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

25,292% more call options, than puts

Call options by funds: $3.3M | Put options by funds: $13K

1.27% more ownership

Funds ownership: 88.59%89.86% (+1.3%)

5% less funds holding

Funds holding: 605577 (-28)

16% less funds holding in top 10

Funds holding in top 10: 4437 (-7)

19% less capital invested

Capital invested by funds: $21.2B → $17.3B (-$3.97B)

20% less repeat investments, than reductions

Existing positions increased: 173 | Existing positions reduced: 217

30% less first-time investments, than exits

New positions opened: 50 | Existing positions closed: 71

Holders
577
Holders Change
-28
Holders Change %
-4.63%
% of All Funds
9.1%
Holding in Top 10
37
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-15.91%
% of All Funds
0.58%
New
50
Increased
173
Reduced
217
Closed
71
Calls
$3.3M
Puts
$13K
Net Calls
+$3.29M
Net Calls Change
+$37.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.72B +$6.99M +48,029 +0.4%
BlackRock
2
BlackRock
New York
$1.23B +$4.64M +31,902 +0.4%
Eagle Capital Management (New York)
3
Eagle Capital Management (New York)
New York
$1.13B -$28.4M -195,115 -2%
AC
4
Aristeia Capital
Connecticut
$927M +$124M +848,476 +14%
Massachusetts Financial Services
5
Massachusetts Financial Services
Massachusetts
$775M -$40.3M -276,784 -5%
Principal Financial Group
6
Principal Financial Group
Iowa
$741M +$16M +109,761 +2%
JP Morgan Chase
7
JP Morgan Chase
New York
$457M +$31.7M +217,747 +7%
State Street
8
State Street
Massachusetts
$429M -$8.34M -57,289 -2%
FP
9
FPR Partners
California
$413M
Bank of America
10
Bank of America
North Carolina
$367M +$81.7M +560,796 +26%
SFM
11
Soros Fund Management
New York
$361M -$84.6M -580,842 -18%
RCG
12
Ruane, Cunniff & Goldfarb
New York
$360M -$7.2M -49,438 -2%
SP
13
Stockbridge Partners
Massachusetts
$294M -$20.3M -139,721 -6%
UBS Group
14
UBS Group
Switzerland
$282M -$53.7M -368,555 -15%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$266M +$7.82M +53,734 +3%
Harris Associates
16
Harris Associates
Illinois
$257M +$11.4M +78,635 +4%
Goldman Sachs
17
Goldman Sachs
New York
$239M +$24.1M +165,765 +10%
DCM
18
Dorsal Capital Management
California
$237M
Fidelity Investments
19
Fidelity Investments
Massachusetts
$208M +$185M +1,270,866 +472%
RRAM
20
River Road Asset Management
Kentucky
$162M -$15.8M -108,632 -8%
MAM
21
Madison Asset Management
Wisconsin
$161M -$2.84M -19,524 -2%
Northern Trust
22
Northern Trust
Illinois
$161M +$2.08M +14,288 +1%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$159M -$2.03M -13,943 -1%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$146M -$37.3M -255,961 -19%
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$144M +$2.39M +16,445 +2%

LBRDK Hedge Fund Activity: Q1 2022 in Review

577 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class C (LBRDK) for Q1 2022, worth a combined $17.3B — down 19% from $21.2B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of LBRDK and 50 opened new positions — a net loss of 21 holders — while 217 trimmed existing stakes and 173 added.

The largest buyer was Fidelity Investments, adding an estimated $185M. The largest seller was Jackson Square Partners, cutting an estimated $119M.

  • 577 institutional investors held Liberty Broadband Class C (LBRDK) as of Q1 2022, down from 605 in Q4 2021.
  • Funds reported $17.3B of Liberty Broadband Class C stock for Q1 2022, down 19% quarter-over-quarter.
  • 50 funds opened new Liberty Broadband Class C positions in Q1 2022 and 71 closed out, a net change of -21 holders.
  • The largest Liberty Broadband Class C buyer in Q1 2022 was Fidelity Investments, an estimated $185M added.
  • The largest Liberty Broadband Class C seller in Q1 2022 was Jackson Square Partners, an estimated $119M sold.

Based on aggregated 13F filings for Q1 2022.