Liberty Broadband Corp (LBRDK) : Horizon Kinetics reduced its stake in Liberty Broadband Corp by 22.03% during the most recent quarter end. The investment management company now holds a total of 1,604,531 shares of Liberty Broadband Corp which is valued at $91,987,762 after selling 453,479 shares in Liberty Broadband Corp , the firm said in a disclosure report filed with the SEC on Apr 15, 2016.Liberty Broadband Corp makes up approximately 2.41% of Horizon Kinetics’s portfolio.
Liberty Broadband Corp closed down -0.23 points or -0.41% at $55.34 with 2,47,602 shares getting traded on Wednesday. Post opening the session at $55.59, the shares hit an intraday low of $54.6 and an intraday high of $55.63 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Norman Fields Gottscho Capital Management boosted its stake in LBRDK in the latest quarter, The investment management firm added 140 additional shares and now holds a total of 12,405 shares of Liberty Broadband Corp which is valued at $711,179. Liberty Broadband Corp makes up approx 0.47% of Norman Fields Gottscho Capital Management’s portfolio. Integrated Investment Consultants added LBRDK to its portfolio by purchasing 33 company shares during the most recent quarter which is valued at $1,892.
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.