Horizon Kinetics Lowers stake in Liberty Broadband Corp (LBRDK)

Liberty Broadband Corp (LBRDK) : Horizon Kinetics reduced its stake in Liberty Broadband Corp by 4.59% during the most recent quarter end. The investment management company now holds a total of 1,443,383 shares of Liberty Broadband Corp which is valued at $99,232,581 after selling 69,502 shares in Liberty Broadband Corp , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Liberty Broadband Corp makes up approximately 2.79% of Horizon Kinetics’s portfolio.

Other Hedge Funds, Including , Raymond James Associates boosted its stake in LBRDK in the latest quarter, The investment management firm added 4,293 additional shares and now holds a total of 77,507 shares of Liberty Broadband Corp which is valued at $5,328,606. Liberty Broadband Corp makes up approx 0.01% of Raymond James Associates’s portfolio.Hudson Bay Capital Management Lp reduced its stake in LBRDK by selling 8,816 shares or 12.85% in the most recent quarter. The Hedge Fund company now holds 59,801 shares of LBRDK which is valued at $4,180,090. Liberty Broadband Corp makes up approx 0.40% of Hudson Bay Capital Management Lp’s portfolio.Locust Wood Capital Advisers reduced its stake in LBRDK by selling 510,680 shares or 46.11% in the most recent quarter. The Hedge Fund company now holds 596,947 shares of LBRDK which is valued at $40,025,296. Liberty Broadband Corp makes up approx 4.73% of Locust Wood Capital Advisers’s portfolio.

Liberty Broadband Corp closed down -0.45 points or -0.65% at $68.72 with 4,49,398 shares getting traded on Monday. Post opening the session at $69.68, the shares hit an intraday low of $68.15 and an intraday high of $69.68 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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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