Cadian Capital Management Lp adds Liberty Broadband Corp (LBRDK) to its portfolio

Liberty Broadband Corp (LBRDK) : Cadian Capital Management Lp added new position in Liberty Broadband Corp during the most recent quarter end. The investment management firm now holds 700,630 shares of Liberty Broadband Corp which is valued at $47,726,916 , the company said in a statement filed on Aug 12, 2016 with the SEC.Liberty Broadband Corp makes up approximately 2.50% of Cadian Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Coatue Management added LBRDK to its portfolio by purchasing 8,892,050 company shares during the most recent quarter which is valued at $605,726,446. Liberty Broadband Corp makes up approx 7.97% of Coatue Management’s portfolio.Sunbelt Securities reduced its stake in LBRDK by selling 1,696 shares or 34.37% in the most recent quarter. The Hedge Fund company now holds 3,239 shares of LBRDK which is valued at $220,641. Liberty Broadband Corp makes up approx 0.22% of Sunbelt Securities’s portfolio.Blackrock Fund Advisors boosted its stake in LBRDK in the latest quarter, The investment management firm added 332,849 additional shares and now holds a total of 928,592 shares of Liberty Broadband Corp which is valued at $63,255,687. Liberty Broadband Corp makes up approx 0.01% of Blackrock Fund Advisors’s portfolio.Hudson Bay Capital Management Lp boosted its stake in LBRDK in the latest quarter, The investment management firm added 24,800 additional shares and now holds a total of 68,617 shares of Liberty Broadband Corp which is valued at $4,674,190. Liberty Broadband Corp makes up approx 0.46% of Hudson Bay Capital Management Lp’s portfolio.

Liberty Broadband Corp opened for trading at $68.4 and hit $69.18 on the upside on Monday, eventually ending the session at $68.74, with a gain of 0.67% or 0.46 points. The heightened volatility saw the trading volume jump to 8,13,940 shares. Company has a market cap of $12,486 M.

Liberty Broadband Corporation holds ownership interests in Charter Communications Inc. (Charter ) and TruePosition Inc. (TruePosition) as well as a minority equity interest in Time Warner Cable Inc. (Time Warner Cable). Charter is a cable operator in the United States and provides advanced video high-speed Internet and telephone service to residential and business customers. TruePosition is a provider of mission-critical location based solutions enabling wireless carriers and government agencies to provide public safety E-9-1-1 services domestically and services in support of national security and law enforcement across the world. Time Warner Cable is a cable operator in the United States offering residential and commercial video high-speed data and voice services over its broadband cable systems.

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