What smart money is saying about Liberty Media
3 funds in our archive have pitched Liberty Media, most recently Cooper Investors Global Equities Fund (Hedged) in June 2026.
Formula One Group is a global entity primarily involved in the motorsports industry, both domestically in the United States and abroad. It holds the exclusive commercial rights for the Formula 1 World Championship, an extensive series of motor races spanning roughly nine months each year. During this competition, both teams and individual drivers vie for separate titles: the Constructors' Championship for the teams and the Drivers' Championship for the individual racers. The company was established in 1950 and is headquartered in Englewood, Colorado, operating as a subsidiary of Liberty Media Corporation.
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Position history
Between Q2 2025 and Q3 2026, 9 fund letters reported a position in Liberty Media, with 1 buy (opened or added).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 3 | 0 | 0 | 0 |
| Q2 2026 | 3 | 0 | 0 | 1 |
| Q1 2026 | 1 | 1 | 0 | 1 |
| Q4 2025 | 1 | 0 | 0 | 1 |
| Q2 2025 | 1 | 0 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 9 positions · 1 move
- September 2026
Listed in Buffalo funds Mid Cap Growth Fund’s reported holdings.
Liberty Media - September 2026
“The Compounding Capital pool is well diversified across businesses in industries enjoying positive tailwinds, such as live entertainment and sports content (e.g. Liberty Media (FWONK) owner of Formula One and MotoGP), Life Sciences (e.g. Thermo Fisher (TMO)), Semiconductors (e.g. Taiwan Semiconductor Manufacturing Co (2330)) and US Industrial activity (e.g. RB Global (RBA)).”
Liberty Media - September 2026
“The Compounding Capital pool is well diversified across businesses in industries enjoying positive tailwinds, such as live entertainment and sports content (e.g. Liberty Media (FWONK) owner of Formula One and MotoGP), Life Sciences (e.g. Thermo Fisher (TMO)), Semiconductors (e.g. Taiwan Semiconductor Manufacturing Co (2330)) and US Industrial activity (e.g. RB Global (RBA)).”
Liberty Media - June 2026
Listed in Sequoia Fund (Ruane Cunniff LP)’s reported holdings.
Liberty Media - June 2026
“The current anchor of the Compounding Capital pool is our group of investments in live entertainment and sports content – Liberty Media (FWONK) (owner of Formula One and MotoGP), Live Nation (via Liberty Live (LLYVK)) and TKO (owner of UFC and WWE).”
Liberty Media - June 2026
“Today, we have minimal exposure to-called "quality" companies that are facing headwinds from AI (like SaaS, marketplaces and information services). While we note the potential of these businesses to continue to thrive, we would classify these as falling in the "prediction" category and, hence, view them as a poor investment proposition. The current anchor of the Compounding Capital pool is our group of investments in live entertainment and sports content – Liberty Media (FWONK) (owner of Formula One and MotoGP), Live Nation (via Liberty Live (LLYVK)) and TKO (owner of UFC and WWE).”
Liberty Media - New positionThe Davenport FundsMarch 2026
“In this vein, we established two new positions in the live events space, Liberty Formula One Group (FWONK) and TKO Group Holdings, Inc. (TKO).”
Liberty Media - December 2025
Listed in Sands Capital Global Leaders’s reported holdings.
Liberty Media - HoldsMadison Mid Cap FundJune 2025
“The top five contributors for the quarter were Amphenol, Microchip Technology, Arista Networks, MKS, and Liberty Formula One.”
Liberty Media
Fund coverage · 3 theses
Liberty Media owns Formula One and MotoGP, with visible growing cash flows, long-term contracts, and attractive monetisation upside in MotoGP.
Read the full thesis- The Davenport FundsMarch 2026
Liberty Formula One Group is an asset-backed live sports company with contractual revenue, strong returns on capital, and attractive valuation.
Read the full thesis - Sequoia FundDecember 2025
Liberty Media Formula One owns unique, durable sports assets with growing sponsorship, media, and expansion optionality (including MotoGP), supporting long-duration growth despite a premium valuation.
Read the full thesis
Read every full thesis on Liberty Media
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