Cat Rock Capital Management Lp Lowers stake in Liberty Broadband Corp (LBRDK)

Liberty Broadband Corp (LBRDK) : Cat Rock Capital Management Lp reduced its stake in Liberty Broadband Corp by 15.36% during the most recent quarter end. The investment management company now holds a total of 546,300 shares of Liberty Broadband Corp which is valued at $37,213,956 after selling 99,104 shares in Liberty Broadband Corp , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Liberty Broadband Corp makes up approximately 12.89% of Cat Rock Capital Management Lp’s portfolio.

Other Hedge Funds, Including , D.a. Davidson reduced its stake in LBRDK by selling 102 shares or 1.98% in the most recent quarter. The Hedge Fund company now holds 5,057 shares of LBRDK which is valued at $344,483. Liberty Broadband Corp makes up approx 0.01% of D.a. Davidson’s portfolio.Bronfman E.l. Rothschild boosted its stake in LBRDK in the latest quarter, The investment management firm added 7 additional shares and now holds a total of 549 shares of Liberty Broadband Corp which is valued at $37,398. Liberty Broadband Corp makes up approx 0.01% of Bronfman E.l. Rothschild’s portfolio.Aperio Group boosted its stake in LBRDK in the latest quarter, The investment management firm added 60 additional shares and now holds a total of 8,366 shares of Liberty Broadband Corp which is valued at $569,892.Blackrock Investment Management reduced its stake in LBRDK by selling 11,190 shares or 7.67% in the most recent quarter. The Hedge Fund company now holds 134,747 shares of LBRDK which is valued at $9,178,966. Liberty Broadband Corp makes up approx 0.01% of Blackrock Investment Management’s portfolio.

Liberty Broadband Corp opened for trading at $68.96 and hit $71.74 on the upside on Thursday, eventually ending the session at $71.42, with a gain of 4.22% or 2.89 points. The heightened volatility saw the trading volume jump to 21,41,192 shares. Company has a market cap of $12,973 M.

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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