LIBERTY ENERGY INC LBRT
COM CL A · Common Stock · CUSIP 53115L104 · ISIN US53115L1044
American onshore oilfield services company
- SectorEnergy
- IndustryOil & Gas Field Services, NEC
- HeadquartersDenver, CO
- Websitelibertyenergy.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($19.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.46. Options: 14 managers hold calls ($24.5m notional), 10 hold puts ($17.3m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 213 |
| Q4 2022 | 249 |
| Q1 2023 | 259 |
| Q2 2023 | 265 |
| Q3 2023 | 263 |
| Q4 2023 | 313 |
| Q1 2024 | 336 |
| Q2 2024 | 331 |
| Q3 2024 | 319 |
| Q4 2024 | 326 |
| Q1 2025 | 314 |
| Q2 2025 | 325 |
| Q3 2025 | 338 |
| Q4 2025 | 342 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 180 | 152 |
| Q2 2024 | 166 | 164 |
| Q3 2024 | 166 | 156 |
| Q4 2024 | 147 | 176 |
| Q1 2025 | 149 | 188 |
| Q2 2025 | 191 | 149 |
| Q3 2025 | 186 | 165 |
| Q4 2025 | 172 | 183 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $12.8m | $5.0m | 0.39 |
| Q2 2025 | $13.0m | $10.3m | 0.79 |
| Q3 2025 | $26.9m | $12.2m | 0.45 |
| Q4 2025 | $24.5m | $17.3m | 0.71 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | Added | +2.5m |
| EVENTIDE ASSET MANAGEMENT, LLC | New | +2.0m |
| T. Rowe Price Investment Management, Inc. | Added | +2.0m |
| Goodlander Investment Management, LLC | New | +1.9m |
| Holocene Advisors, LP | Added | +1.6m |
| Webs Creek Capital Management LP | New | +1.5m |
| Forest Avenue Capital Management LP | New | +1.4m |
| Ensign Peak Advisors, Inc | Added | +1.3m |
| Empyrean Capital Partners, LP | New | +1.2m |
| Sourcerock Group LLC | New | +1.0m |
Biggest sellers
| MACQUARIE GROUP LTD | Sold out | -4.2m |
| FRANKLIN RESOURCES INC | Reduced | -3.8m |
| FMR LLC | Reduced | -3.3m |
| JPMORGAN CHASE & CO | Reduced | -2.8m |
| Balyasny Asset Management L.P. | Reduced | -1.6m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -1.5m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -1.3m |
| GOLDMAN SACHS GROUP INC | Reduced | -930.6k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT | Sold out | -904.2k |
| TUDOR INVESTMENT CORP ET AL | Sold out | -737.2k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $5.8m314.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.2m229.0k shares |
| ExodusPoint Capital Management, LP | New | $2.8m150.0k shares |
| Lighthouse Investment Partners, LLC | New | $2.8m150.0k shares |
| CITADEL ADVISORS LLC | Added | $2.2m117.8k shares |
| IMC-Chicago, LLC | Added | $2.0m106.7k shares |
| JANE STREET GROUP, LLC | Reduced | $1.7m92.4k shares |
| Caption Management, LLC | Reduced | $1.0m55.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $649.8k35.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $507.6k27.5k shares |
Biggest puts
| JANE STREET GROUP, LLC | New | $5.3m287.8k shares |
| CITADEL ADVISORS LLC | Reduced | $4.1m222.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.0m160.9k shares |
| IMC-Chicago, LLC | Added | $1.3m70.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.1m57.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $830.7k45.0k shares |
| GROUP ONE TRADING LLC | Reduced | $671.9k36.4k shares |
| Point72 Asset Management, L.P. | New | $605.5k32.8k shares |
| Walleye Trading LLC | Added | $413.5k22.4k shares |
| Walleye Capital LLC | Reduced | $11.1k600 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-28 | 14.8% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 6 | $4.2m | $1.3m |
| Q2 2024 | 0 | — | 6 | $7.3m | $4.0m |
| Q3 2024 | 0 | — | 2 | $3.8m | $3.8m |
| Q4 2024 | 0 | — | 2 | $3.1m | $3.1m |
| Q1 2025 | 0 | — | 2 | $1.6m | $1.6m |
| Q2 2025 | 0 | — | 1 | $80.0k | $80.0k |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 24.4m $450.0m | Added +195.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 18.1m $334.1m | Added +98.0k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 8.8m $162.5m | Added +189.8k |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 7.2m $133.3m | Reduced -586.0k |
| STATE STREET CORP 0.00% of their portfolio | 6.9m $126.9m | Reduced -114.6k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 4.8m $88.1m | Reduced -3.8m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.8m $70.1m | Added +414 |
| T. Rowe Price Investment Management, Inc. 0.03% of their portfolio | 3.5m $65.1m | Added +2.0m |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.10% of their portfolio | 3.4m $63.2m | First filing |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 3.3m $60.7m | Added +2.5m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.2m $59.3m | Added +131.3k |
| Ensign Peak Advisors, Inc 0.09% of their portfolio | 2.9m $53.1m | Added +1.3m |
| VAN ECK ASSOCIATES CORP 0.04% of their portfolio | 2.4m $44.9m | Added +631.1k |
| Callodine Capital Management, LP 3.39% of their portfolio | 2.3m $42.3m | Added +199.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.0m $36.5m | Reduced -713.6k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.57% of their portfolio | 2.0m $36.4m | New |
| Goodlander Investment Management, LLC 13.75% of their portfolio | 1.9m $36.0m | New |
| COOPER CREEK PARTNERS MANAGEMENT LLC 1.54% of their portfolio | 1.8m $32.4m | Reduced -52.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.7m $31.2m | Added +366.6k |
| Holocene Advisors, LP 0.07% of their portfolio | 1.7m $31.2m | Added +1.6m |
| MORGAN STANLEY 0.00% of their portfolio | 1.6m $29.8m | Reduced -35.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.5m $28.6m | Reduced -77.2k |
| Webs Creek Capital Management LP 5.02% of their portfolio | 1.5m $28.0m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 1.5m $26.9m | Reduced -1.5m |
| Forest Avenue Capital Management LP 1.68% of their portfolio | 1.4m $25.6m | New |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 1.3m $24.5m | Added +393.1k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 1.3m $24.4m | Added +323.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.48% of their portfolio | 1.2m $22.9m | Added +69.8k |
| Empyrean Capital Partners, LP 0.77% of their portfolio | 1.2m $22.2m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.1m $21.1m | Added +124.2k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 1.1m $20.7m | Reduced -1.6m |
| Invesco Ltd. 0.00% of their portfolio | 1.1m $19.8m | Added +99.9k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 1.0m $19.4m | Reduced -545.2k |
| Sourcerock Group LLC 1.06% of their portfolio | 1.0m $18.5m | New |
| FMR LLC 0.00% of their portfolio | 994.8k $18.4m | Reduced -3.3m |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 975.0k $18.4m | Reduced -732.9k |
| Squarepoint Ops LLC 0.04% of their portfolio | 967.9k $17.9m | New |
| Merewether Investment Management, LP 0.40% of their portfolio | 951.1k $17.6m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 950.8k $17.6m | Reduced -2.8m |
| Empowered Funds, LLC 0.29% of their portfolio | 916.6k $16.9m | Added +261.4k |
| GLENMEDE TRUST CO NA 0.08% of their portfolio | 906.8k $16.7m | First filing |
| South Dakota Investment Council 0.32% of their portfolio | 906.6k $16.7m | Reduced -146.8k |
| HAWK RIDGE CAPITAL MANAGEMENT LP 0.76% of their portfolio | 893.8k $16.5m | Added +602.1k |
| Boston Partners 0.02% of their portfolio | 823.0k $15.2m | Added +644.5k |
| UBS Group AG 0.00% of their portfolio | 790.7k $14.6m | Added +133.2k |
| GENDELL JEFFREY L 0.25% of their portfolio | 771.3k $14.2m | Reduced -117.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 766.3k $14.1m | Reduced -930.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 752.1k $13.9m | Reduced -102.8k |
| Driehaus Capital Management LLC 0.09% of their portfolio | 707.5k $13.1m | New |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 702.2k $13.0m | Reduced -362.7k |
| Nuveen, LLC 0.00% of their portfolio | 679.9k $12.6m | Reduced -87.3k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 637.5k $11.8m | Added +405.7k |
| ROYCE & ASSOCIATES LP 0.11% of their portfolio | 581.2k $10.7m | Added +57.7k |
| TOWLE & CO 2.83% of their portfolio | 580.3k $10.7m | Reduced -29.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 570.8k $10.5m | Reduced -88.7k |
| Situational Awareness LP 0.27% of their portfolio | 567.2k $10.5m | New |
| BARCLAYS PLC 0.00% of their portfolio | 562.9k $10.4m | Added +276.0k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 560.5k $10.3m | Reduced -71.2k |
| Atom Investors LP 0.75% of their portfolio | 513.7k $9.5m | New |
| Nishkama Capital, LLC 1.24% of their portfolio | 495.0k $9.1m | New |
| Alyeska Investment Group, L.P. 0.02% of their portfolio | 477.8k $8.8m | Reduced -155.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 472.6k $8.7m | Added +313.2k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 462.2k $8.5m | Reduced -13.1k |
| ExodusPoint Capital Management, LP 0.09% of their portfolio | 449.6k $8.3m | Reduced -187.0k |
| Clearline Capital LP 0.62% of their portfolio | 444.5k $8.2m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 442.6k $8.2m | Reduced -1.3m |
| KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 1.31% of their portfolio | 439.3k $8.1m | New |
| MANNING & NAPIER ADVISORS LLC 0.10% of their portfolio | 435.5k $8.0m | Reduced -164.4k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 433.7k $8.0m | Reduced -27.9k |
| Aventail Capital Group, LP 0.44% of their portfolio | 409.5k $7.6m | Added +74.9k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 396.7k $7.3m | Added +112.3k |
| Legal & General Group Plc 0.00% of their portfolio | 390.4k $7.2m | Reduced -3.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 384.4k $7.1m | Reduced -139.8k |
| Freestone Grove Partners LP 0.05% of their portfolio | 348.2k $6.4m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 346.6k $6.4m | Added +257.2k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.09% of their portfolio | 342.7k $6.3m | Reduced -4.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 341.8k $6.3m | Added +4.2k |
| Swiss National Bank 0.00% of their portfolio | 319.3k $5.9m | Added +21.1k |
| LMR Partners LLP 0.06% of their portfolio | 315.1k $5.8m | New |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.17% of their portfolio | 302.0k $5.6m | Reduced -15.0k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 300.6k $5.5m | Reduced -7.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 289.3k $5.3m | Added +6.1k |
| CoreCommodity Management, LLC 1.02% of their portfolio | 262.6k $4.8m | Reduced -68.2k |
| CITIGROUP INC 0.00% of their portfolio | 251.9k $4.6m | Reduced -21.4k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.01% of their portfolio | 247.9k $4.6m | Reduced -155.9k |
| Lighthouse Investment Partners, LLC 0.15% of their portfolio | 240.0k $4.4m | Reduced -10.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 222.6k $4.1m | Added +64.9k |
| Corigliano Investment Advisers, LLC 1.36% of their portfolio | 207.6k $3.8m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 192.5k $3.6m | Reduced -92.9k |
| Walleye Capital LLC 0.02% of their portfolio | 189.9k $3.5m | Added +161.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 183.7k $3.4m | Added +20.6k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.04% of their portfolio | 181.1k $3.3m | New |
| NORGES BANK 0.00% of their portfolio | 180.4k $3.3m | Not comparable |
| SIR Capital Management, L.P. 0.36% of their portfolio | 178.2k $3.3m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 177.4k $3.3m | Added +32.1k |
| Edgestream Partners, L.P. 0.09% of their portfolio | 174.3k $3.2m | Reduced -59.9k |
| LPL Financial LLC 0.00% of their portfolio | 174.3k $3.2m | Added +64.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 170.4k $3.1m | Reduced -15.5k |
| STRS OHIO 0.01% of their portfolio | 168.8k $3.1m | Added +92.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 156.6k $2.9m | Added +7.1k |