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Liberty Broadband Class C

512 hedge funds and large institutions have $9.39B invested in Liberty Broadband Class C in 2023 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 133 increasing their positions, 199 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 44

4% more capital invested

Capital invested by funds: $9.01B → $9.39B (+$388M)

2% more call options, than puts

Call options by funds: $1.06M | Put options by funds: $1.04M

1% more funds holding

Funds holding: 509512 (+3)

2.43% less ownership

Funds ownership: 93.5%91.07% (-2.4%)

11% less funds holding in top 10

Funds holding in top 10: 1917 (-2)

33% less repeat investments, than reductions

Existing positions increased: 133 | Existing positions reduced: 199

Holders
512
Holders Change
+3
Holders Change %
+0.59%
% of All Funds
8.16%
Holding in Top 10
17
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-10.53%
% of All Funds
0.27%
New
57
Increased
133
Reduced
199
Closed
44
Calls
$1.06M
Puts
$1.04M
Net Calls
+$24K
Net Calls Change
+$1.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$909M +$6.72M +77,849 +0.7%
BlackRock
2
BlackRock
New York
$602M -$827K -9,582 -0.1%
Eagle Capital Management (New York)
3
Eagle Capital Management (New York)
New York
$590M -$51.8M -600,463 -8%
Harris Associates
4
Harris Associates
Illinois
$503M +$17.8M +206,731 +3%
AC
5
Aristeia Capital
Connecticut
$484M -$54.3M -629,466 -10%
Massachusetts Financial Services
6
Massachusetts Financial Services
Massachusetts
$443M -$32.7M -379,216 -7%
UBS Group
7
UBS Group
Switzerland
$386M +$173M +2,002,184 +74%
JP Morgan Chase
8
JP Morgan Chase
New York
$305M -$2.11M -24,483 -0.7%
SP
9
Stockbridge Partners
Massachusetts
$272M +$85.9M +994,626 +43%
FP
10
FPR Partners
California
$220M
State Street
11
State Street
Massachusetts
$213M -$3.04M -35,265 -1%
RCG
12
Ruane, Cunniff & Goldfarb
New York
$187M -$4.14M -47,954 -2%
Bank of America
13
Bank of America
North Carolina
$181M -$8.1M -93,808 -4%
DCM
14
Dorsal Capital Management
California
$174M -$31.9M -370,000 -15%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$143M +$4.29M +49,679 +3%
MP
16
Makaira Partners
California
$137M +$14.1M +163,820 +11%
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$118M +$11.9M +137,427 +10%
SFM
18
Soros Fund Management
New York
$114M
Norges Bank
19
Norges Bank
Norway
$107M -$16.5M -190,914 -13%
MAM
20
Madison Asset Management
Wisconsin
$102M +$2.95M +34,144 +3%
TSW
21
Thompson Siegel & Walmsley
Virginia
$99.7M -$20.3M -234,652 -16%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$99.6M -$11.2M -130,086 -10%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$92.8M +$841K +9,744 +0.9%
WA
24
Whitebox Advisors
Minnesota
$85.4M +$4.02M +46,608 +5%
SAM
25
Southeastern Asset Management
Tennessee
$80M -$992K -11,494 -1%

LBRDK Hedge Fund Activity: Q1 2023 in Review

512 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Liberty Broadband Class C (LBRDK) for Q1 2023, worth a combined $9.39B — up 4.3% from $9.01B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new LBRDK positions and 44 closed out — a net gain of 13 holders — while 133 added to existing stakes and 199 trimmed.

The largest buyer was UBS Group, adding an estimated $173M. The largest seller was Goldman Sachs, cutting an estimated $124M.

  • 512 institutional investors held Liberty Broadband Class C (LBRDK) as of Q1 2023, up from 509 in Q4 2022.
  • Funds reported $9.39B of Liberty Broadband Class C stock for Q1 2023, up 4.3% quarter-over-quarter.
  • 57 funds opened new Liberty Broadband Class C positions in Q1 2023 and 44 closed out, a net change of +13 holders.
  • The largest Liberty Broadband Class C buyer in Q1 2023 was UBS Group, an estimated $173M added.
  • The largest Liberty Broadband Class C seller in Q1 2023 was Goldman Sachs, an estimated $124M sold.

Based on aggregated 13F filings for Q1 2023.