Liberty Broadband Corporation
Liberty Broadband Corporation (LBRDA) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · LBRDA · as of Sep 30, 2025
Ownership Breakdown
217
Institutional Holders
▼ 20 vs Q2
$940.31M
Total Inst. Value
▼ $597.97M vs Q2
143.66M
Shares Outstanding
freeFloat 91.01%
14.89M
13F Shares Held
▼ 836,204 vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
LBRDA largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
VANGUARD GROUP INC cable & other pay television services | 1.59M | 1.11% | 1.11% | $100.60B | Nov 7, 2025 | ▲ 11.7K |
ARISTEIA CAPITAL LLC cable & other pay television services | 1.26M | 88.11% | 88.11% | $79.79B | Nov 14, 2025 | ▼ 339.3K |
BLACKROCK, INC. cable & other pay television services | 1.02M | 71.57% | 71.57% | $64.81B | Nov 12, 2025 | ▼ 44.3K |
STATE OF WISCONSIN INVESTMENT BOARD cable & other pay television services | 910.4K | 63.66% | 63.66% | $57.65B | Nov 14, 2025 | ▼ 72.5K |
WESTCHESTER CAPITAL MANAGEMENT, LLC cable & other pay television services | 756.5K | 52.90% | 52.90% | $47.91B | Nov 14, 2025 | ▲ 13.7K |
RUANE, CUNNIFF & GOLDFARB L.P. cable & other pay television services | 669.2K | 46.79% | 46.79% | $42.38B | Nov 14, 2025 | ▲ 353 |
JNE PARTNERS LLP cable & other pay television services | 635.2K | 44.42% | 44.42% | $40.22B | Nov 14, 2025 | — held |
MILLENNIUM MANAGEMENT LLC cable & other pay television services | 597.8K | 41.80% | 41.80% | $37.86B | Nov 14, 2025 | ▼ 11.6K |
EMPYREAN CAPITAL PARTNERS, LP cable & other pay television services | 500.0K | 34.97% | 34.97% | $31.66B | Nov 14, 2025 | — held |
DIMENSIONAL FUND ADVISORS LP cable & other pay television services | 496.4K | 34.71% | 34.71% | $31.44B | Nov 12, 2025 | ▲ 11.8K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
21
Increased
+1.18M shares2
New Positions
first time holders19
Decreased
−770.2K shares0
Sold Out
fully exitedNet shares change (top 50)
+405.3K
+1.18M / −770.2K
Net new holders
+4
2 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
LBRDA insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
0
Buy transactions
4
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
WARGO J DAVID director | Feb 18, 2026 | Sale | 18,000 | $55.54 | $999.8K | 20.1K | Form 4 ↗ |
WARGO J DAVID director | Feb 18, 2026 | Sale | 7,000 | $55.37 | $387.6K | 12.2K | Form 4 ↗ |
WARGO J DAVID director | Feb 10, 2026 | Sale | 32,058 | $57.35 | $1.84M | 38.1K | Form 4 ↗ |
WARGO J DAVID director | Feb 10, 2026 | Sale | 12,392 | $57.17 | $708.5K | 19.1K | Form 4 ↗ |
WARGO J DAVID director | Feb 10, 2026 | Sale | 1,702 | $57.65 | $98.1K | 1.5K | Form 4 ↗ |
WARGO J DAVID director | Feb 10, 2026 | Sale | 530 | $57.48 | $30.5K | 471 | Form 4 ↗ |
Wendling Brian J CAO/PFO | Dec 9, 2025 | Tax Withhold | 640 | $47.39 | $30.3K | 14.6K | Form 4 ↗ |
Wilm Renee L Chief Legal/Admin Officer | Dec 9, 2025 | Tax Withhold | 1,247 | $47.39 | $59.1K | 10.7K | Form 4 ↗ |
Patterson Martin Edward President and CEO | Dec 9, 2025 | Tax Withhold | 204 | $47.39 | $9.7K | 2.7K | Form 4 ↗ |
WARGO J DAVID director | Dec 5, 2025 | Sale | 1,019 | $47.62 | $48.5K | 71.3K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Liberty Broadband Corporation (LBRDA) is primarily owned by institutional investors, who hold approximately 10.4% of total shares outstanding. Company insiders own approximately 8.99%, while retail and public investors account for the remaining 80.64%.
The largest institutional shareholder of Liberty Broadband Corporation is VANGUARD GROUP INC, holding approximately 1.59 million shares — equal to 1.11% of outstanding shares — as of September 30, 2025.
A total of 217 institutional investors currently hold LBRDA stock, with a combined institutional value of approximately $940,305,208 as of the most recent 13F filing period.
Frequently asked questions
LBRDA ownershipLiberty Broadband Corporation (LBRDA) is primarily owned by institutional investors, who hold approximately 10.4% of shares. The largest shareholder is VANGUARD GROUP INC with a 1.11% stake. Company insiders hold 8.99%. Data sourced from SEC Form 13F as of September 30, 2025.