LIBERTY GLOBAL LTD LBTYA
COM CL A · Common Stock · CUSIP G61188101
International telecommunications and television company
- SectorCommunication
- IndustryCable & Other Pay Television Services
- HeadquartersLondon, United Kingdom
- Founded2005
- Websitelibertyglobal.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 ($637.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.01. Options: 11 managers hold calls ($30.3m notional), 10 hold puts ($36.2m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1 |
| Q4 2022 | 1 |
| Q1 2023 | 1 |
| Q2 2023 | 1 |
| Q3 2023 | 2 |
| Q4 2023 | 219 |
| Q1 2024 | 231 |
| Q2 2024 | 240 |
| Q3 2024 | 262 |
| Q4 2024 | 265 |
| Q1 2025 | 266 |
| Q2 2025 | 256 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 1 | 1 |
| Q4 2023 | 204 | 1 |
| Q1 2024 | 96 | 84 |
| Q2 2024 | 114 | 103 |
| Q3 2024 | 131 | 97 |
| Q4 2024 | 119 | 124 |
| Q1 2025 | 126 | 101 |
| Q2 2025 | 110 | 131 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $77.6m | $65.0m | 0.84 |
| Q4 2024 | $45.8m | $16.4m | 0.36 |
| Q1 2025 | $15.1m | $812.6k | 0.05 |
| Q2 2025 | $30.3m | $36.2m | 1.20 |
Biggest buyers
| Lancaster Investment Management | Added | +2.2m |
| GOLDMAN SACHS GROUP INC | Added | +1.8m |
| Covalis Capital LLP | New | +1.7m |
| BANK OF NOVA SCOTIA | Added | +1.4m |
| MORGAN STANLEY | Added | +1.4m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +1.4m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.3m |
| Centiva Capital, LP | New | +1.1m |
| Ilex Capital Partners (UK) LLP | New | +1.0m |
| OAKTREE CAPITAL MANAGEMENT LP | Added | +1.0m |
Biggest sellers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -4.2m |
| Wolf Hill Capital Management, LP | Reduced | -3.8m |
| VANGUARD GROUP INC | Reduced | -1.4m |
| STATE OF WISCONSIN INVESTMENT BOARD | Reduced | -1.0m |
| Qube Research & Technologies Ltd | Reduced | -777.9k |
| Trexquant Investment LP | Sold out | -597.9k |
| MACKENZIE FINANCIAL CORP | Reduced | -571.0k |
| SG Americas Securities, LLC | Reduced | -545.9k |
| Candriam S.C.A. | Sold out | -491.0k |
| Jefferies Financial Group Inc. | Sold out | -489.5k |
Biggest calls
| Luxor Capital Group, LP | Unchanged | $9.7m972.9k shares |
| Centiva Capital, LP | New | $6.0m600.0k shares |
| NOMURA HOLDINGS INC | New | $5.0m500.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.7m473.3k shares |
| GROUP ONE TRADING LLC | Added | $2.1m213.5k shares |
| JANE STREET GROUP, LLC | New | $998.0k99.7k shares |
| CITADEL ADVISORS LLC | Reduced | $978.0k97.7k shares |
| Walleye Trading LLC | Added | $303.3k30.3k shares |
| IMC-Chicago, LLC | Reduced | $219.2k21.9k shares |
| WOLVERINE TRADING, LLC | Added | $137.6k13.9k shares |
Biggest puts
| Centiva Capital, LP | New | $16.1m1.6m shares |
| NOMURA HOLDINGS INC | New | $8.2m820.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.6m361.7k shares |
| WOLVERINE TRADING, LLC | New | $3.0m299.2k shares |
| Walleye Trading LLC | Added | $2.5m251.5k shares |
| CITADEL ADVISORS LLC | Added | $1.1m110.4k shares |
| JANE STREET GROUP, LLC | New | $816.8k81.6k shares |
| GROUP ONE TRADING LLC | Added | $644.6k64.4k shares |
| IMC-Chicago, LLC | New | $227.2k22.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| ACR Alpine Capital Research, LLC 13G · passive investor -1.1 pts · filed 2026-10-19 | 12.4% |
| AQR CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-02-13 | 7.7% |
| Wolf Hill Capital Management, LP 13G · institution +0.1 pts · filed 2026-08-13 | 6.8% |
| Rubric Capital Management LP 13G · institution new · filed 2026-02-13 | 5.7% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution new · filed 2026-04-09 | 5.1% |
| BlackRock, Inc. 13G · institution new · filed 2026-10-27 | 5.0% |
Insider purchases and sales in Q2 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 |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 4 | $2.7m | — |
| Q4 2023 | 0 | — | 2 | $961.7k | — |
| Q1 2024 | 0 | — | 4 | $3.5m | — |
| Q2 2024 | 0 | — | 1 | $520.5k | — |
| Q3 2024 | 0 | — | 1 | $1.5m | — |
| Q4 2024 | 0 | — | 5 | $6.7m | — |
| Q1 2025 | 0 | — | 3 | $3.3m | — |
| Q2 2025 | 0 | — | 1 | $472.7k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-05-15 | Waldron Jason SVP & CAO · By Trust | Sold | $177.0k17.2k shares |
| 2025-05-14 | Waldron Jason SVP & CAO · By Trust | Sold | $295.8k30.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| ACR Alpine Capital Research, LLC 3.68% of their portfolio | 20.5m $205.4m | Added +682.8k |
| OAKTREE CAPITAL MANAGEMENT LP 1.63% of their portfolio | 8.2m $82.2m | Added +1.0m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 7.8m $78.3m | Added +953.9k |
| BlackRock, Inc. 0.00% of their portfolio | 7.8m $78.2m | Added +153.0k |
| Rubric Capital Management LP 0.92% of their portfolio | 5.7m $57.0m | Reduced -310.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 5.5m $54.7m | Added +1.4m |
| DME Capital Management, LP 2.25% of their portfolio | 5.2m $52.3m | Unchanged |
| BAUPOST GROUP LLC/MA 1.23% of their portfolio | 5.1m $50.8m | Unchanged |
| Dodge & Cox 0.03% of their portfolio | 4.8m $47.7m | Unchanged |
| Lancaster Investment Management 14.42% of their portfolio | 4.5m $45.1m | Added +2.2m |
| Contour Asset Management LLC 1.34% of their portfolio | 4.1m $41.1m | Added +792.9k |
| NORGES BANK 0.00% of their portfolio | 3.8m $38.0m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 3.3m $33.4m | Added +1.4m |
| VANGUARD GROUP INC 0.00% of their portfolio | 3.3m $33.3m | Reduced -1.4m |
| STATE STREET CORP 0.00% of their portfolio | 3.2m $32.2m | Added +492.6k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 3.2m $31.7m | Added +329.4k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.52% of their portfolio | 3.1m $31.1m | Added +234.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.6m $26.5m | Added +62.7k |
| Luxor Capital Group, LP 3.12% of their portfolio | 2.4m $24.0m | Reduced -299.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.06% of their portfolio | 2.4m $23.9m | Reduced -1.0m |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 2.3m $23.2m | Added +1.3m |
| FIRST WILSHIRE SECURITIES MANAGEMENT INC 6.34% of their portfolio | 2.3m $23.3m | Added +27.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.3m $23.0m | Added +1.8m |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 2.1m $21.2m | Added +895.2k |
| BARCLAYS PLC 0.01% of their portfolio | 1.7m $17.1m | Reduced -17.0k |
| Covalis Capital LLP 2.16% of their portfolio | 1.7m $17.1m | New |
| GAMCO INVESTORS, INC. ET AL 0.17% of their portfolio | 1.7m $17.0m | Added +81.8k |
| ARGA Investment Management, LP 0.41% of their portfolio | 1.5m $15.1m | Added +144.8k |
| BANK OF NOVA SCOTIA 0.03% of their portfolio | 1.5m $15.0m | Added +1.4m |
| Wolf Hill Capital Management, LP 1.19% of their portfolio | 1.4m $14.3m | Reduced -3.8m |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 1.4m $14.2m | Reduced -101.7k |
| Wallace Capital Management Inc. 1.86% of their portfolio | 1.4m $13.6m | Reduced -31.7k |
| GABELLI FUNDS LLC 0.09% of their portfolio | 1.3m $12.9m | Reduced -24.5k |
| UBS Group AG 0.00% of their portfolio | 1.2m $11.7m | Added +778.9k |
| Centiva Capital, LP 0.70% of their portfolio | 1.1m $10.6m | New |
| PRIVATE MANAGEMENT GROUP INC 0.34% of their portfolio | 1.0m $10.4m | Reduced -8.2k |
| Ilex Capital Partners (UK) LLP 0.35% of their portfolio | 1.0m $10.4m | New |
| ING GROEP NV 0.06% of their portfolio | 1.0m $10.2m | Added +838.9k |
| Hi-Line Capital Management, LLC 3.51% of their portfolio | 990.4k $9.9m | Reduced -11.2k |
| Nuveen, LLC 0.00% of their portfolio | 909.4k $9.1m | Reduced -29.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 871.5k $8.7m | Reduced -41.6k |
| MUFG Securities EMEA plc 0.37% of their portfolio | 809.0k $8.1m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 793.3k $7.9m | Added +673.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 739.3k $7.4m | Added +216.8k |
| NATIXIS 0.04% of their portfolio | 737.3k $7.4m | Added +578.5k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 709.2k $7.1m | Reduced -777.9k |
| Weiss Asset Management LP 0.11% of their portfolio | 696.8k $7.0m | Not comparable |
| Jump Financial, LLC 0.08% of their portfolio | 685.4k $6.9m | Added +373.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 647.9k $6.5m | Reduced -4.2m |
| Invesco Ltd. 0.00% of their portfolio | 590.3k $5.9m | Added +392.6k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 560.3k $5.6m | Added +428.0k |
| UMB Bank, n.a. 0.08% of their portfolio | 527.0k $5.3m | Added +368 |
| Allianz Asset Management GmbH 0.01% of their portfolio | 468.3k $4.7m | Reduced -19.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 458.4k $4.6m | Reduced -255.0k |
| HRT FINANCIAL LP 0.02% of their portfolio | 446.4k $4.5m | Reduced -141.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 415.2k $4.2m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 400.7k $4.0m | Reduced -208.7k |
| Treasurer of the State of North Carolina 0.01% of their portfolio | 381.7k $3.8m | Added +199.1k |
| Y-Intercept (Hong Kong) Ltd 0.08% of their portfolio | 316.6k $3.2m | New |
| Swiss National Bank 0.00% of their portfolio | 315.4k $3.2m | Reduced -2.7k |
| Lighthouse Investment Partners, LLC 0.14% of their portfolio | 312.3k $3.1m | New |
| Engineers Gate Manager LP 0.04% of their portfolio | 297.1k $3.0m | Reduced -39.8k |
| Wilmington Savings Fund Society, FSB 0.05% of their portfolio | 291.6k $2.9m | Unchanged |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 284.6k $2.8m | Reduced -571.0k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 279.0k $2.8m | Reduced -38.8k |
| Graham Capital Management, L.P. 0.08% of their portfolio | 277.1k $2.8m | Reduced -141.1k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.25% of their portfolio | 255.6k $2.6m | Added +8.9k |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 253.1k $2.5m | Added +216.8k |
| S&CO INC 0.16% of their portfolio | 253.0k $2.5m | Reduced -5.0k |
| FMR LLC 0.00% of their portfolio | 246.2k $2.5m | Added +1.6k |
| LMR Partners LLP 0.03% of their portfolio | 215.4k $2.2m | Reduced -82.8k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 193.1k $1.9m | Reduced -122.4k |
| NOMURA HOLDINGS INC 0.02% of their portfolio | 192.2k $1.9m | New |
| WITTENBERG INVESTMENT MANAGEMENT, INC. 0.82% of their portfolio | 188.7k $1.9m | Added +24.9k |
| Legal & General Group Plc 0.00% of their portfolio | 188.7k $1.9m | Added +12.7k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 181.4k $1.8m | Added +138.3k |
| Squarepoint Ops LLC 0.00% of their portfolio | 179.9k $1.8m | Reduced -33.9k |
| Crossmark Global Holdings, Inc. 0.03% of their portfolio | 166.0k $1.7m | Added +71.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 152.2k $1.5m | Added +2.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 145.8k $1.5m | Reduced -2.3k |
| Illinois Municipal Retirement Fund 0.02% of their portfolio | 143.2k $1.4m | Reduced -233 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 141.5k $1.4m | Reduced -10.2k |
| STRS OHIO 0.00% of their portfolio | 130.5k $1.3m | Added +11.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 126.5k $1.3m | Added +2.2k |
| Cannell & Spears LLC 0.02% of their portfolio | 114.3k $1.1m | New |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 113.1k $1.1m | Added +2.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 110.3k $1.1m | Reduced -25.5k |
| Quantinno Capital Management LP 0.00% of their portfolio | 108.1k $1.1m | Added +14.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 101.2k $1.0m | Added +67.0k |
| Neo Ivy Capital Management 0.31% of their portfolio | 96.4k $965.1k | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 95.8k $959.2k | Reduced -88.9k |
| Diametric Capital, LP 0.50% of their portfolio | 94.5k $945.4k | Added +22.9k |
| Quantbot Technologies LP 0.02% of their portfolio | 87.9k $880.1k | New |
| WINTON GROUP Ltd 0.04% of their portfolio | 84.6k $847.3k | Added +7.3k |
| Hall Kathryn A. 0.45% of their portfolio | 80.6k $806.6k | Unchanged |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 76.0k $761.1k | Unchanged |
| Magnetar Financial LLC 0.00% of their portfolio | 74.8k $749.1k | Reduced -21.6k |
| Balefire, LLC 0.15% of their portfolio | 70.8k $708.7k | Added +5.0k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 67.9k $672.0k | Reduced -20.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 67.4k $675.2k | Reduced -75.1k |