Liberty Global Class C
LBTYK
338 hedge funds and large institutions have $5.3B invested in Liberty Global Class C in 2020 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 102 increasing their positions, 127 reducing their positions, and 62 closing their positions.
248% more call options, than puts
Call options by funds: $125M | Put options by funds: $36M
2.64% less ownership
Funds ownership: 79.54% → 76.9% (-2.6%)
10% less funds holding
Funds holding: 376 → 338 (-38)
11% less funds holding in top 10
Funds holding in top 10: 18 → 16 (-2)
20% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 127
30% less capital invested
Capital invested by funds: $7.61B → $5.3B (-$2.3B)
50% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
+$121M |
| 2 |
MP
MFN Partners
Boston,
Massachusetts
|
+$60.1M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$37.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.8M |
| 5 |
Goldman Sachs
New York
|
+$28.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Eagle Capital Management (New York)
New York
|
-$125M |
| 2 |
Jane Street
New York
|
-$70M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$59.1M |
| 4 |
Harris Associates
Chicago,
Illinois
|
-$54.9M |
| 5 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
-$50M |
LBTYK Hedge Fund Activity: Q1 2020 in Review
338 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Liberty Global Class C (LBTYK) for Q1 2020, worth a combined $5.3B — down 30% from $7.61B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of LBTYK and 31 opened new positions — a net loss of 31 holders — while 127 trimmed existing stakes and 102 added.
The largest buyer was Luxor Capital Group, adding an estimated $121M. The largest seller was Eagle Capital Management (New York), cutting an estimated $125M.
- 338 institutional investors held Liberty Global Class C (LBTYK) as of Q1 2020, down from 376 in Q4 2019.
- Funds reported $5.3B of Liberty Global Class C stock for Q1 2020, down 30% quarter-over-quarter.
- 31 funds opened new Liberty Global Class C positions in Q1 2020 and 62 closed out, a net change of -31 holders.
- The largest Liberty Global Class C buyer in Q1 2020 was Luxor Capital Group, an estimated $121M added.
- The largest Liberty Global Class C seller in Q1 2020 was Eagle Capital Management (New York), an estimated $125M sold.
Based on aggregated 13F filings for Q1 2020.