Horizon Kinetics Lowers stake in Liberty Media Corp (LMCK)

Liberty Media Corp (LMCK) : Horizon Kinetics reduced its stake in Liberty Media Corp by 9.74% during the most recent quarter end. The investment management company now holds a total of 5,351,351 shares of Liberty Media Corp which is valued at $204,742,689 after selling 577,774 shares in Liberty Media Corp , the firm said in a disclosure report filed with the SEC on Apr 15, 2016.Liberty Media Corp makes up approximately 5.36% of Horizon Kinetics’s portfolio.

Liberty Media Corp closed down -0.13 points or -0.72% at $17.89 with 13,97,457 shares getting traded on Wednesday. Post opening the session at $17.93, the shares hit an intraday low of $17.64 and an intraday high of $18.1 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Oregon Public Employees Retirement Fund boosted its stake in LMCK in the latest quarter, The investment management firm added 3,800 additional shares and now holds a total of 12,928 shares of Liberty Media Corp which is valued at $494,625. Liberty Media Corp makes up approx 0.01% of Oregon Public Employees Retirement Fund’s portfolio. Integrated Investment Consultants added LMCK to its portfolio by purchasing 161 company shares during the most recent quarter which is valued at $6,160.

Liberty Media Corporation owns interests in subsidiaries and other companies which are engaged in the media communications and entertainment industries. Through its subsidiaries and affiliates the Company operates in North America. The Company’s businesses and assets include its consolidated subsidiaries SIRIUS XM and the Atlanta National League Baseball Club Inc. and its equity affiliate Live Nation Entertainment Inc. SIRIUS XM broadcasts music sports entertainment comedy talk news traffic and weather channels as well as infotainment services in the United States on a subscription fee basis through its two satellite radio systems. Atlanta National League Baseball Club Inc. (ANLBC) owns and operates the Atlanta Braves Major League Baseball (MLB) franchise and five league baseball clubs. Live Nation Entertainment Inc. (Live Nation) has four business segments: Concerts Ticketing Artist Nation and Sponsorship & Advertising.

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