Liberty Live Group (NASDAQ:LLYVK) is Bislett Management LLC’s 9th Largest Position

Bislett Management LLC trimmed its holdings in Liberty Live Group (NASDAQ:LLYVK) by 14.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 60,000 shares of the company’s stock after selling 10,000 shares during the period. Liberty Live Group accounts for about 2.9% of Bislett Management LLC’s holdings, making the stock its 9th biggest holding. Bislett Management LLC owned 0.07% of Liberty Live Group worth $4,084,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in Liberty Live Group by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 4,759,475 shares of the company’s stock worth $323,930,000 after buying an additional 56,026 shares during the last quarter. ValueAct Holdings L.P. purchased a new position in shares of Liberty Live Group during the 3rd quarter worth $68,654,000. State Street Corp boosted its position in shares of Liberty Live Group by 1.6% during the 3rd quarter. State Street Corp now owns 806,143 shares of the company’s stock valued at $41,379,000 after acquiring an additional 13,050 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Liberty Live Group by 1.6% in the third quarter. Geode Capital Management LLC now owns 800,045 shares of the company’s stock valued at $41,078,000 after purchasing an additional 12,224 shares during the period. Finally, Norges Bank acquired a new stake in Liberty Live Group during the fourth quarter worth about $49,458,000. 60.36% of the stock is owned by hedge funds and other institutional investors.

Liberty Live Group Price Performance

NASDAQ:LLYVK opened at $71.54 on Thursday. The company’s 50-day moving average is $72.18 and its two-hundred day moving average is $65.89. Liberty Live Group has a 1-year low of $33.50 and a 1-year high of $81.66. The firm has a market capitalization of $6.57 billion, a price-to-earnings ratio of -210.41 and a beta of 1.55.

About Liberty Live Group

Liberty Live Group operates in the media, communications, and entertainment industries primarily in North America and the United Kingdom. The company is headquartered in Englewood, Colorado.