Weitz Investment Management buys $159,438,062 stake in Liberty Broadband Corp (LBRDK)

Liberty Broadband Corp (LBRDK) : Weitz Investment Management scooped up 140,881 additional shares in Liberty Broadband Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 2,340,547 shares of Liberty Broadband Corp which is valued at $159,438,062.Liberty Broadband Corp makes up approximately 5.69% of Weitz Investment Management’s portfolio.

Other Hedge Funds, Including , River Road Asset Management boosted its stake in LBRDK in the latest quarter, The investment management firm added 24,811 additional shares and now holds a total of 246,571 shares of Liberty Broadband Corp which is valued at $15,427,947. Liberty Broadband Corp makes up approx 0.32% of River Road Asset Management’s portfolio. R.h. Dinel Investment Counsel sold out all of its stake in LBRDK during the most recent quarter. The investment firm sold 5,175 shares of LBRDK which is valued $321,782.

Liberty Broadband Corp closed down -0.29 points or -0.43% at $67.77 with 7,61,215 shares getting traded on Friday. Post opening the session at $67.75, the shares hit an intraday low of $67.25 and an intraday high of $67.9 and the price fluctuated in this range throughout the day.Shares ended Friday 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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