Liberty Media Corporation

LLYVA and LLYVK • NASDAQ

Liberty Media Corporation is a entertainment company in the communication services sector on NASDAQ, with a market cap of $7.6B. As of Q3 2025, 93% of shares are held by 338 institutional investors, with BERKSHIRE HATHAWAY INC as the largest holder at 17.31%.

Market Cap$7.6B

Entertainment

Communication Services

Websitelibertymedia.com

Country

United States of America

Overview

Overview of institutional ownership in LLYVA and LLYVK as of Q3 2025 with a market cap of $8.7B

All Institutions

Institutions: 338
Value Held: $8.1B
Shares Held: 83.9M
Avg Position: $15.0M
Median Position: $329.6K

Hedge Funds

Hedge Funds: 42
Value Held: $596.4M
Shares Held: 6.3M
Avg Position: $9.6M
Median Position: $2.6M

Ownership Breakdown

Institutional (non-HF)

86.12%

$7.5B

Hedge Funds

6.88%

$596.4M

Retail & Other

7.0%

$606.5M

Based on market cap of $8.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in LLYVA and LLYVK as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
BERKSHIRE HATHAWAY INC Institution	Warren E. Buffett CEO	$1.5B 0.57% of portfolio	17.31% 15.9M shares	Q3 2023 Held for 2y 2m	$267.33B
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$946.9M 0.59% of portfolio	10.63% 9.8M shares	Q3 2023 Held for 2y 2m	$161.58B
L Linonia Partnership LP Institution	-	$792.9M 17.39% of portfolio	8.97% 8.2M shares	Q4 2023 Held for 1y 11m	$4.6B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$644.1M 0.01% of portfolio	7.29% 6.7M shares	Q3 2023 Held for 2y 2m	$6.69T
V ValueAct Holdings, L.P. Institution	-	$503.1M 8.48% of portfolio	5.70% 5.2M shares	Q3 2024 Held for 1y 2m	$5.9B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$306.7M 0.02% of portfolio	3.48% 3.2M shares	Q3 2023 Held for 2y 2m	$1.65T
B BlackRock, Inc. Institution	-	$270.5M 0.00% of portfolio	3.06% 2.8M shares	Q3 2023 Held for 2y 2m	$5.67T
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	Kevin G. Burke CEO	$234.1M 0.08% of portfolio	2.66% 2.4M shares	Q3 2023 Held for 2y 2m	$298.06B
PRINCIPAL FINANCIAL GROUP INC Institution	Deanna Strable CEO	$200.0M 0.10% of portfolio	2.26% 2.1M shares	Q3 2023 Held for 2y 2m	$197.71B
OZ MANAGEMENT LP Hedge Fund•Multi-Strategy	Wayne Nathan Cohen President	$199.6M 4.35% of portfolio	2.27% 2.1M shares	Q3 2023 Held for 2y 2m	$4.6B

Net Capital Flow

Institutional buying and selling activity for LLYVA and LLYVK in Q3 2025

Traded: +$228.9M
Buyers: 139
Sellers: 132
Total Bought: +$694.2M
Total Sold: −$465.3M
Avg Position: $22.1M

Biggest Buyers

Institution	Net Bought	Current Position
PRINCIPAL FINANCIAL GROUP INC Institution	+$178.1M +1.8M shares	$200.0M 2.1M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$91.3M +941.6K shares	$145.8M 1.5M shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	+$80.4M +842.3K shares	$234.1M 2.4M shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	+$77.0M +794.5K shares	$946.9M 9.8M shares
A Amundi Institution	+$53.0M +600.4K shares	$72.3M 814.6K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$23.3M +240.1K shares	$61.3M 632.4K shares
Woodline Partners LP Hedge Fund•Long/Short	+$21.8M +224.5K shares	$21.8M 224.5K shares
BANK OF AMERICA CORP /DE/ Institution	+$19.4M +202.3K shares	$100.2M 1.0M shares
V Virtu Financial LLC Institution	+$19.2M +203.9K shares	$33.6M 356.5K shares
OZ MANAGEMENT LP Hedge Fund•Multi-Strategy	+$16.7M +172.0K shares	$199.6M 2.1M shares

Biggest Sellers

Institution	Net Sold	Current Position
V ValueAct Holdings, L.P. Institution	−$51.2M −529.6K shares	$503.1M 5.2M shares
Finepoint Capital LP Hedge Fund•Value	−$43.6M −537.1K shares	Sold Off 0 shares
JPMORGAN CHASE & CO Institution	−$39.7M −410.5K shares	$51.9M 544.7K shares
H Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp Institution	−$36.5M −384.4K shares	$65.7M 694.0K shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	−$35.6M −366.9K shares	$11.8M 122.6K shares
GOLDENTREE ASSET MANAGEMENT LP Hedge Fund•Distressed	−$20.2M −249.5K shares	Sold Off 0 shares
D D. E. Shaw & Co., Inc. Institution	−$19.7M −203.7K shares	$193.5M 2.0M shares
Pentwater Capital Management LP Hedge Fund•Event Driven	−$15.6M −165.3K shares	$56.1M 594.7K shares
Allspring Global Investments Holdings, LLC Long Only Manager	−$15.6M −164.7K shares	$52.0M 550.0K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	−$15.4M −160.7K shares	$25.4M 268.0K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited LLYVA and LLYVK in Q3 2025

New Positions: 31
New Value: $44.0M
Exited Positions: 26
Exited Value: $85.0M

New Positions

Institution	Position Value
Woodline Partners LP Hedge Fund•Long/Short	$21.8M 224.5K shares
K Korea Investment CORP Institution	$3.5M 36.1K shares
A Assenagon Asset Management S.A. Institution	$3.2M 32.9K shares
V VIRGINIA RETIREMENT SYSTEMS ET AL Institution	$2.9M 30.6K shares
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Fund of Funds	$2.8M 29.3K shares
Anfield Capital Management, LLC Long Only Manager	$2.3M 24.6K shares
Summit Trail Advisors, LLC RIA/Wealth	$1.2M 12.9K shares
T TWINBEECH CAPITAL LP Hedge Fund•Quant	$1.1M 11.0K shares
Janney Montgomery Scott LLC RIA/Wealth	$897.9K 9.3K shares
Harvest Investment Services, LLC RIA/Wealth	$803.5K 8.3K shares

Exited Positions

Institution	Previous Position
Finepoint Capital LP Hedge Fund•Value	$43.6M 537.1K shares
GOLDENTREE ASSET MANAGEMENT LP Hedge Fund•Distressed	$20.2M 249.5K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$5.8M 71.0K shares
N NATIONAL BANK OF CANADA /FI/ Institution	$5.2M 64.9K shares
E EXCHANGE TRADED CONCEPTS, LLC Institution	$4.9M 62.2K shares
X XTX Topco Ltd Institution	$1.7M 20.8K shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	$861.4K 10.6K shares
M MAVERICK CAPITAL LTD Hedge Fund•Long/Short	$859.2K 10.6K shares
M MAVEN SECURITIES Ltd Private Equity	$362.9K 4.6K shares
MEEDER ASSET MANAGEMENT INC Long Only Manager	$361.2K 4.5K shares

Options Activity

Institutions with the largest Call and Put options positions in LLYVA and LLYVK as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with LLYVA and LLYVK as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
J JNE Partners LLP Institution	-	63.19% $148.5M	1.68% 1.5M shares	Q3 2023 Held for 2y 2m	$234.9M
L Linonia Partnership LP Institution	-	17.39% $792.9M	8.97% 8.2M shares	Q4 2023 Held for 1y 11m	$4.6B
A Anabranch Capital Management, LP Hedge Fund•Long/Short	Philip Chin Yang CFO	9.81% $18.3M	0.21% 188.9K shares	Q4 2024 Held for 11 months	$186.8M
V ValueAct Holdings, L.P. Institution	-	8.48% $503.1M	5.70% 5.2M shares	Q3 2024 Held for 1y 2m	$5.9B
B BISLETT MANAGEMENT, LLC Hedge Fund•Value	James David Harris Managing Partner	5.54% $7.7M	0.09% 80.0K shares	Q3 2023 Held for 2y 2m	$138.1M
Boussard & Gavaudan Investment Management LLP Hedge Fund•Multi-Strategy	Rubens Serenade CEO	5.16% $7.5M	0.08% 78.0K shares	Q2 2025 Held for 5 months	$145.9M
Emmett Investment Management, LP Hedge Fund•Long/Short	Alexander M Rohr Managing Partner	4.79% $6.8M	0.08% 71.8K shares	Q4 2024 Held for 11 months	$141.7M
OZ MANAGEMENT LP Hedge Fund•Multi-Strategy	Wayne Nathan Cohen President	4.35% $199.6M	2.27% 2.1M shares	Q3 2023 Held for 2y 2m	$4.6B
H Hall Kathryn A. Institution	-	4.10% $7.6M	0.09% 79.0K shares	Q3 2023 Held for 2y 2m	$185.5M
Corvex Management LP Hedge Fund•Event Driven	Keith Arlyn Meister Managing Partner	3.71% $97.9M	1.13% 1.0M shares	Q3 2023 Held for 2y 2m	$2.6B

Hedge Fund Spotlight

Discover hedge funds investing in LLYVA and LLYVK

INTREPID CAPITAL MANAGEMENT INC

Hedge Fund • Value

Portfolio ManagerMark Forrest Travis

Portfolio Value: $204.1M
Positions: 104
Last Reported: Q3 2025

Sector Allocation

Position in Liberty Media Corporation

LLYVA and LLYVK

Market Value: $19.7M
Shares Held: 308.6K
Portfolio Weight: 11.65%
Owned Since: 2024-Q2

Top Holding	Sector	Market Value	Weight
1 Dimensional US High Profitability DUHP	ETF ETF	$17.2M	8.43%
2 Alphabet Inc. GOOGL	Internet Content & Information Communication Services	$9.1M	4.48%
3 Sprott Physical Gold and Silver Trust CEF	Unknown Unknown	$8.3M	4.06%