Kavi Asset Management Lp adds Liberty Broadband Corp (LBRDK) to its portfolio

Liberty Broadband Corp (LBRDK) : Kavi Asset Management Lp added new position in Liberty Broadband Corp during the most recent quarter end. The investment management firm now holds 88,055 shares of Liberty Broadband Corp which is valued at $5.2 Million , the company said in a statement filed on May 13, 2016 with the SEC.Liberty Broadband Corp makes up approximately 4.54% of Kavi Asset Management Lp’s portfolio.

Other Hedge Funds, Including , Renaissance Technologies sold out all of its stake in LBRDK during the most recent quarter. The investment firm sold 19,000 shares of LBRDK which is valued $1.1 Million. Madison Investment Holdings Inc added LBRDK to its portfolio by purchasing 605,618 company shares during the most recent quarter which is valued at $35.8 Million. Liberty Broadband Corp makes up approx 0.76% of Madison Investment Holdings Inc’s portfolio.Mosaic Family Wealth boosted its stake in LBRDK in the latest quarter, The investment management firm added 14 additional shares and now holds a total of 488 shares of Liberty Broadband Corp which is valued at $28,851. Liberty Broadband Corp makes up approx 0.01% of Mosaic Family Wealth’s portfolio.Great Lakes Advisors boosted its stake in LBRDK in the latest quarter, The investment management firm added 74 additional shares and now holds a total of 6,320 shares of Liberty Broadband Corp which is valued at $373,638. Liberty Broadband Corp makes up approx 0.01% of Great Lakes Advisors’s portfolio.George Kaiser Family Foundation reduced its stake in LBRDK by selling 5,855 shares or 8.81% in the most recent quarter. The Hedge Fund company now holds 60,566 shares of LBRDK which is valued at $3.5 Million. Liberty Broadband Corp makes up approx 0.95% of George Kaiser Family Foundation’s portfolio.

Liberty Broadband Corp closed down -0.92 points or -1.56% at $58.08 with 2,96,188 shares getting traded on Wednesday. Post opening the session at $59, the shares hit an intraday low of $57.91 and an intraday high of $59.18 and the price fluctuated in this range throughout the day.Shares ended Wednesday 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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