What smart money is saying about Liberty Media Corporation
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No fund has written a full thesis on Liberty Media Corporation in our archive, but 3 fund letters report a position in it, most recently Cooper Investors Family & Founder Fund in September 2026.
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3
Reported positions
1
Bought
0
Sold
3
Letters
Position history
Between Q2 2026 and Q3 2026, 3 fund letters reported a position in Liberty Media Corporation, with 1 buy (opened or added).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 0 | 0 | 0 |
| Q2 2026 | 2 | 1 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 3 positions · 1 move
- September 2026
“TOP 10 FUND HOLDINGS EXOR N.V. D'Ieteren Group Power Corporation of Canada Liberty Media Corporation L E Lundbergforetagen AB Class B Amazon.com, Inc Brookfield Corporation Constellation Software Inc. Ackermans & van Haaren NV HAL Trust”
Liberty Media Corporation - June 2026
“GCI Liberty, the Alaskan cable business that was spun out of Liberty Broadband, has been renamed Liberty Capital (to reflect a future which is expected to include a broader array of businesses, and with its legacy GCI Alaska cable business being the solid “cash cow”). It fell 40.6%. There was plenty of news. Most notable was its USD 360m acquisition of Quintillion, which owns around 3,000 kilometres of fibre cable and plans to expand it by a further 2,500 kilometres or so. This perfectly aligns with Liberty’s GCI operations. We understand Quintillion generates around USD 55-60m in revenue and USD 30m in free cash. We would expect significant synergies (reportedly around USD 20m) so we have little doubt that the deal adds value. And in fact, when we incorporate it into our model, the valuation uplift is around 35%. Management also decided to retreat from the competitive and low margin video business. And finally, Liberty Capital had intended to acquire an interest in Liberty Latin America by striking a deal for an initial 6% stake and building on that by buying John Malone’s interest. For some reason this did not proceed which perhaps spooked the market. With the share price falling (to levels approximating half our valuation), and encouraged by its CEO buying shares, we increased our position such that it now represents 3.4% of he Fund.”
Liberty Media Corporation - June 2026
Listed in Baron Small Cap Strategy’s reported holdings.
Liberty Media Corporation
Read the letters behind these Liberty Media Corporation positions
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