Vault-13

LIBERTY MEDIA CORP DEL

COM LBTY SRM S A · Tracking Stk · CUSIP 531229813

261 institutional holders -8 vs Q1 2024
90,897,25290.9m shares reported held*
$2.0bnreported value*
38 new 72 added 74 reduced 47 sold out net sold ≈ $79.3m (-3.6m shares)

* 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 ($1.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.15. Options: 6 managers hold calls ($10.5m notional), 5 hold puts ($10.0m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 2Q4 22: 2Q1 23: 1Q2 23: 9Q3 23: 270Q4 23: 284Q1 24: 269Q2 24: 261261Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 20222
Q4 20222
Q1 20231
Q2 20239
Q3 2023270
Q4 2023284
Q1 2024269
Q2 2024261

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 0 bought or addedQ4 22: 0 cut or sold outQ4 22Q1 23: 0 bought or addedQ1 23: 1 cut or sold outQ2 23: 8 bought or addedQ2 23: 0 cut or sold outQ2 23Q3 23: 261 bought or addedQ3 23: 4 cut or sold outQ4 23: 120 bought or addedQ4 23: 117 cut or sold outQ4 23Q1 24: 93 bought or addedQ1 24: 141 cut or sold outQ2 24: 110 bought or addedQ2 24: 121 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202200
Q1 202301
Q2 202380
Q3 20232614
Q4 2023120117
Q1 202493141
Q2 2024110121

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ3 23 calls: $26.2mQ3 23 puts: $13.0mQ3 23P/C 0.50Q4 23 calls: $19.0mQ4 23 puts: $26.7mQ4 23P/C 1.41Q1 24 calls: $11.0mQ1 24 puts: $12.4mQ1 24P/C 1.13Q2 24 calls: $10.5mQ2 24 puts: $10.0mQ2 24P/C 0.95
Numbers
QuarterCallsPutsP/C
Q3 2023$26.2m$13.0m0.50
Q4 2023$19.0m$26.7m1.41
Q1 2024$11.0m$12.4m1.13
Q2 2024$10.5m$10.0m0.95

Biggest buyers

JPMORGAN CHASE & CO Added +2,749,106+2.7m
Berkshire Hathaway Inc Added +2,426,595+2.4m
CITADEL ADVISORS LLC Added +1,687,212+1.7m
MILLENNIUM MANAGEMENT LLC Added +834,393+834.4k
Qube Research & Technologies Ltd New +784,159+784.2k
BCK CAPITAL MANAGEMENT LP Added +371,337+371.3k
ING GROEP NV Added +237,000+237.0k
Walleye Capital LLC Added +225,000+225.0k
SG Americas Securities, LLC Added +222,351+222.4k
DEUTSCHE BANK AG\ Added +212,644+212.6k

Biggest sellers

VANGUARD GROUP INC Reduced -2,646,280-2.6m
ARISTEIA CAPITAL, L.L.C. Reduced -2,565,497-2.6m
BAUPOST GROUP LLC/MA Reduced -2,077,462-2.1m
Sculptor Capital LP Reduced -1,915,374-1.9m
MORGAN STANLEY Reduced -1,123,008-1.1m
LMR Partners LLP Reduced -984,176-984.2k
One Fin Capital Management LP Sold out -632,000-632.0k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -613,370-613.4k
RENAISSANCE TECHNOLOGIES LLC Sold out -461,300-461.3k
Driehaus Capital Management LLC Sold out -335,419-335.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.6m163.3k shares
BANK OF MONTREAL /CAN/ New $2.2m100.0k shares
HBK INVESTMENTS L P Added $2.0m91.8k shares
CSS LLC/IL Added $1.7m77.5k shares
CITADEL ADVISORS LLC Added $522.7k23.6k shares
CITIGROUP INC New $429.7k19.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.2m234.4k shares
HBK INVESTMENTS L P Added $2.7m122.6k shares
CSS LLC/IL New $1.2m55.0k shares
CITADEL ADVISORS LLC Added $850.6k38.4k shares
UBS Group AG Reduced $2.2k100 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.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Berkshire Hathaway Inc 0.28% of their portfolio Omaha, NE 35,182,21935.2m $779.3m $779.3m 0.28% Added +2.4m +2,426,595
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 9,616,6569.6m $213.0m $213.0m 0.00% Reduced -2.6m -2,646,280
3 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 7,908,8967.9m $175.2m $175.2m 0.01% Added +2.7m +2,749,106
4 BlackRock Inc. 0.00% of their portfolio New York, NY 3,385,2173.4m $75.0m $75.0m 0.00% Added +211.2k +211,152
5 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 2,828,5322.8m $62.7m $62.7m 0.05% Added +834.4k +834,393
6 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 1,725,9651.7m $38.2m $38.2m 0.04% Added +1.7m +1,687,212
7 FPR PARTNERS LLC 3.51% of their portfolio SAN FRANCISCO, CA 1,569,0671.6m $34.8m $34.8m 3.51% Reduced -70.5k -70,543
8 Walleye Capital LLC 0.33% of their portfolio NEW YORK, NY 1,400,0001.4m $31.0m $31.0m 0.33% Added +225.0k +225,000
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,271,6351.3m $28.2m $28.2m 0.00% Added +57.9k +57,887
10 Pentwater Capital Management LP 0.60% of their portfolio Naples, FL 1,250,0001.2m $27.7m $27.7m 0.60% Unchanged
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,168,0821.2m $25.9m $25.9m 0.00% Added +11.3k +11,292
12 Holocene Advisors, LP 0.09% of their portfolio New York, NY 950,000950.0k $21.0m $21.0m 0.09% Added +125.0k +125,000
13 UBS Group AG 0.01% of their portfolio ZURICH, V8 880,155880.2k $19.5m $19.5m 0.01% Added +94.6k +94,598
14 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 797,365797.4k $17.7m $17.7m 0.02% Reduced -7.7k -7,742
15 BCK CAPITAL MANAGEMENT LP 11.28% of their portfolio STAMFORD, CT 789,095789.1k $17.5m $17.5m 11.28% Added +371.3k +371,337
16 Boussard & Gavaudan Investment Management LLP 2.77% of their portfolio London, X0 784,552784.6k $17.3m $17.3m 2.77% Reduced -20.4k -20,391
17 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 784,159784.2k $17.4m $17.4m 0.03% New
18 LMR Partners LLP 0.32% of their portfolio LONDON, X0 677,331677.3k $15.0m $15.0m 0.32% Reduced -984.2k -984,176
19 BAUPOST GROUP LLC/MA 0.37% of their portfolio BOSTON, MA 600,194600.2k $13.3m $13.3m 0.37% Reduced -2.1m -2,077,462
20 ING GROEP NV 0.08% of their portfolio AMSTERDAM, P7 573,000573.0k $12.7m $12.7m 0.08% Added +237.0k +237,000
21 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 540,325540.3k $12.0m $12.0m 0.01% Added +212.6k +212,644
22 NORGES BANK 0.00% of their portfolio OSLO, Q8 530,424530.4k $11.7m $11.7m 0.00% Unchanged
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 507,669507.7k $11.2m $11.2m 0.00% Reduced -1.1m -1,123,008
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 488,208488.2k $10.8m $10.8m 0.02% Added +55.5k +55,538
25 WITTENBERG INVESTMENT MANAGEMENT, INC. 3.59% of their portfolio CARLISLE, MA 475,641475.6k $10.5m $10.5m 3.59% Added +31.4k +31,402
26 BANK OF NOVA SCOTIA 0.02% of their portfolio TORONTO, A6 472,000472.0k $10.5m $10.5m 0.02% Added +158.0k +158,000
27 Alberta Investment Management Corp 0.11% of their portfolio EDMONTON, A0 467,807467.8k $10.4m $10.4m 0.11% Unchanged
28 WHITEBOX ADVISORS LLC 0.40% of their portfolio MINNEAPOLIS, MN 452,001452.0k $10.0m $10.0m 0.40% Added +149.2k +149,168
29 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 440,008440.0k $9.7m $9.7m 0.00% Reduced -105.2k -105,193
30 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 431,340431.3k $9.6m $9.6m 0.00% Added +86.3k +86,279
31 BISLETT MANAGEMENT, LLC 6.37% of their portfolio Palo Alto, CA 400,000400.0k $8.9m $8.9m 6.37% Unchanged
32 PINNACLE ASSOCIATES LTD 0.14% of their portfolio NEW YORK, NY 391,716391.7k $8.7m $8.7m 0.14% Reduced -7.0k -6,997
33 Empyrean Capital Partners, LP 0.51% of their portfolio LOS ANGELES, CA 378,258378.3k $8.4m $8.4m 0.51% Unchanged
34 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 372,394372.4k $8.2m $8.2m 0.00% Added +103.3k +103,284
35 Corvex Management LP 0.39% of their portfolio NEW YORK, NY 369,460369.5k $8.2m $8.2m 0.39% Unchanged
36 FMR LLC 0.00% of their portfolio BOSTON, MA 310,833310.8k $6.9m $6.9m 0.00% Reduced -119.2k -119,169
37 GABELLI FUNDS LLC 0.05% of their portfolio Rye, NY 310,812310.8k $6.9m $6.9m 0.05% Unchanged
38 WEITZ INVESTMENT MANAGEMENT, INC. 0.36% of their portfolio Omaha, NE 310,000310.0k $6.9m $6.9m 0.36% Unchanged
39 Sculptor Capital LP 0.14% of their portfolio New York, NY 300,524300.5k $6.7m $6.7m 0.14% Reduced -1.9m -1,915,374
40 Boston Partners 0.01% of their portfolio BOSTON, MA 299,508299.5k $6.6m $6.6m 0.01% Reduced -20.6k -20,621
41 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 289,621289.6k $6.4m $6.4m 0.00% Reduced -181.1k -181,131
42 Westchester Capital Management, LLC 0.27% of their portfolio VALHALLA, NY 280,100280.1k $6.2m $6.2m 0.27% Added +178.1k +178,100
43 ARISTEIA CAPITAL, L.L.C. 0.23% of their portfolio GREENWICH, CT 277,283277.3k $6.1m $6.1m 0.23% Reduced -2.6m -2,565,497
44 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 267,042267.0k $5.9m $5.9m 0.00% Reduced -30.2k -30,155
45 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 244,524244.5k $5.4m $5.4m 0.00% Reduced -203.7k -203,748
46 Aequim Alternative Investments LP 0.19% of their portfolio MILL VALLEY, CA 236,700236.7k $5.2m $5.2m 0.19% Reduced -113.3k -113,300
47 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 233,395233.4k $5.2m $5.2m 0.02% Added +79.1k +79,088
48 SG Americas Securities, LLC 0.03% of their portfolio NEW YORK, NY 226,370226.4k $5.0m $5.0m 0.03% Added +222.4k +222,351
49 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 219,258219.3k $4.9m $4.9m 0.00% Added +32.4k +32,444
50 S&CO INC 0.34% of their portfolio BOSTON, MA 217,752217.8k $4.8m $4.8m 0.34% Reduced -15.5k -15,460
51 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 209,279209.3k $4.6m $4.6m 0.00% Added +2.5k +2,479
52 GABELLI & Co INVESTMENT ADVISERS, INC. 0.73% of their portfolio Rye, NY 196,006196.0k $4.3m $4.3m 0.73% Reduced -500 -500
53 Legal & General Group Plc 0.00% of their portfolio London, X0 185,056185.1k $4.1m $4.1m 0.00% Added +41.9k +41,923
54 GAMCO INVESTORS, INC. ET AL 0.04% of their portfolio GREENWICH, CT 177,384177.4k $3.9m $3.9m 0.04% Reduced -16.1k -16,111
55 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 170,245170.2k $3.8m $3.8m 0.02% New
56 Epoch Investment Partners, Inc. 0.02% of their portfolio New York, NY 168,444168.4k $3.7m $3.7m 0.02% Reduced -83.5k -83,463
57 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 167,776167.8k $3.7m $3.7m 0.00% Added +89.9k +89,870
58 swisspartners Advisors Ltd 3.34% of their portfolio ZURICH, V8 165,280165.3k $3.3m $3.3m 3.34% Added +2.9k +2,880
59 FIRST MANHATTAN CO. LLC. 0.01% of their portfolio NEW YORK, NY 149,475149.5k $3.3m $3.3m 0.01% Reduced -3.9k -3,904
60 SCHWERIN BOYLE CAPITAL MANAGEMENT INC 0.33% of their portfolio SPRINGFIELD, MA 143,375143.4k $3.2m $3.2m 0.33% Unchanged
61 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 131,266131.3k $2.9m $2.9m 0.00% Reduced -268.1k -268,066
62 Swiss National Bank 0.00% of their portfolio ZURICH, V8 125,500125.5k $2.8m $2.8m 0.00% New
63 M&R CAPITAL MANAGEMENT INC 0.60% of their portfolio SUMMIT, NJ 112,628112.6k $2.5m $2.5m 0.60% Reduced -14.6k -14,582
64 CX Institutional 0.12% of their portfolio AUBURN, IN 111,004111.0k $2.5m $2.5m 0.12% Added +8.0k +7,988
65 ArrowMark Colorado Holdings LLC 0.03% of their portfolio Denver, CO 107,478107.5k $2.4m $2.4m 0.03% Unchanged
66 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 105,624105.6k $2.3m $2.3m 0.00% Added +84.9k +84,918
67 Illinois Municipal Retirement Fund 0.04% of their portfolio OAK BROOK, IL 104,543104.5k $2.3m $2.3m 0.04% Added +33.8k +33,753
68 Hall Kathryn A. 0.48% of their portfolio SAN FRANCISCO, CA 94,25394.3k $2.1m $2.1m 0.48% Unchanged
69 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 89,85789.9k $2.0m $2.0m 0.01% New
70 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 87,73687.7k $1.9m $1.9m 0.00% Reduced -1.2k -1,227
71 CI INVESTMENTS INC. 0.01% of their portfolio TORONTO, Z4 85,33385.3k $1.9m $1.9m 0.01% Reduced -3.5k -3,510
72 Camelot Portfolios, LLC 1.06% of their portfolio Maumee, OH 84,84184.8k $1.9m $1.9m 1.06% Added +32.5k +32,493
73 Doma Perpetual Capital Management LLC 0.82% of their portfolio Miami, FL 80,00080.0k $1.8m $1.8m 0.82% New
74 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 72,02472.0k $1.6m $1.6m 0.00% New
75 FIRST WILSHIRE SECURITIES MANAGEMENT INC 0.49% of their portfolio PASADENA, CA 71,67971.7k $1.6m $1.6m 0.49% Added +6.9k +6,900
76 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 71,33071.3k $1.6m $1.6m 0.00% Unchanged
77 Virtu Financial LLC 0.10% of their portfolio New York, NY 67,51467.5k $1.5m $1.5m 0.10% Reduced -13.1k -13,136
78 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 67,10467.1k $1.5m $1.5m 0.00% Added +33.5k +33,470
79 Diametric Capital, LP 0.80% of their portfolio BOSTON, MA 66,78666.8k $1.5m $1.5m 0.80% New
80 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 66,61566.6k $1.5m $1.5m 0.01% Reduced -2.1k -2,125
81 STRS OHIO 0.01% of their portfolio COLUMBUS, OH 64,97965.0k $1.4m $1.4m 0.01% Reduced -8.7k -8,726
82 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 64,42664.4k $1.4m $1.4m 0.00% Added +55.6k +55,643
83 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 63,20163.2k $1.4m $1.4m 0.00% New
84 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 62,70362.7k $1.4m $1.4m 0.00% Reduced -613.4k -613,370
85 R.H. Dinel Investment Counsel, Inc. 0.84% of their portfolio LOS ANGELES, CA 59,31459.3k $1.3m $1.3m 0.84% Unchanged
86 TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio AUSTIN, TX 58,19858.2k $1.3m $1.3m 0.01% New
87 PRELUDE CAPITAL MANAGEMENT, LLC 0.11% of their portfolio NEW YORK, NY 57,01457.0k $1.3m $1.3m 0.11% Added +17.8k +17,761
88 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 54,00054.0k $1.2m $1.2m 0.00% Reduced -200.0k -200,000
89 DLD Asset Management, LP 0.28% of their portfolio NEW YORK, NY 53,58653.6k $1.2m $1.2m 0.28% New
90 Woodline Partners LP 0.01% of their portfolio San Francisco, CA 53,34153.3k $1.2m $1.2m 0.01% Reduced -145.3k -145,306
91 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 53,06853.1k $1.2m $1.2m 0.00% Added +40.3k +40,282
92 Alaska Permanent Fund Corp 0.02% of their portfolio JUNEAU, AK 48,34748.3k $1.1m $1.1m 0.02% Added +22.1k +22,147
93 SIMPLEX TRADING, LLC 0.03% of their portfolio CHICAGO, IL 47,65847.7k $1.1m $1.1m 0.03% Added +26.7k +26,715
94 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 46,83246.8k $1.0m $1.0m 0.00% Added +20 +20
95 Krilogy Financial LLC 0.07% of their portfolio ST. LOUIS, MO 45,01545.0k $997.1k $997.1k 0.07% Added +2 +2
96 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 43,90043.9k $972.4k $972.4k 0.01% New
97 Lipe & Dalton 0.52% of their portfolio SYRACUSE, NY 43,35043.4k $960.0k $960.0k 0.52% Reduced -100 -100
98 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 41,28541.3k $914.0k $914.0k 0.00% Added +490 +490
99 SCOGGIN MANAGEMENT LP 0.59% of their portfolio NEW YORK, NY 40,00040.0k $886.0k $886.0k 0.59% Reduced -112.5k -112,500
100 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 39,71939.7k $879.8k $879.8k 0.00% New