Makena Capital Management LLC Purchases New Holdings in Liberty Live Group (NASDAQ:LLYVK)

Makena Capital Management LLC acquired a new position in shares of Liberty Live Group (NASDAQ:LLYVK) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 199,147 shares of the company’s stock, valued at approximately $10,222,000. Liberty Live Group makes up 2.5% of Makena Capital Management LLC’s holdings, making the stock its 20th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in LLYVK. Commerce Bank boosted its position in Liberty Live Group by 79.9% during the third quarter. Commerce Bank now owns 16,684 shares of the company’s stock worth $856,000 after acquiring an additional 7,408 shares during the last quarter. KBC Group NV lifted its stake in Liberty Live Group by 26.8% in the 3rd quarter. KBC Group NV now owns 2,170 shares of the company’s stock worth $111,000 after purchasing an additional 458 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Liberty Live Group by 1.7% during the 3rd quarter. Victory Capital Management Inc. now owns 12,257 shares of the company’s stock worth $629,000 after purchasing an additional 199 shares during the last quarter. Pinnacle Associates Ltd. grew its position in shares of Liberty Live Group by 2.4% in the third quarter. Pinnacle Associates Ltd. now owns 11,438 shares of the company’s stock valued at $587,000 after purchasing an additional 272 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its position in shares of Liberty Live Group by 5.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,082,764 shares of the company’s stock valued at $55,578,000 after purchasing an additional 54,473 shares in the last quarter. Hedge funds and other institutional investors own 60.36% of the company’s stock.

Insider Activity at Liberty Live Group

In related news, Director Andrea L. Wong sold 1,604 shares of the business’s stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of $47.41, for a total value of $76,045.64. Following the sale, the director now directly owns 5,274 shares in the company, valued at approximately $250,040.34. The trade was a 23.32 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Renee L. Wilm sold 19,202 shares of the company’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $78.78, for a total transaction of $1,512,733.56. The disclosure for this sale can be found here. Over the last quarter, insiders sold 30,817 shares of company stock valued at $2,327,591.

Liberty Live Group Trading Up 1.2 %

Shares of Liberty Live Group stock opened at $68.87 on Thursday. The business’s 50 day moving average price is $54.74 and its 200 day moving average price is $44.14. Liberty Live Group has a one year low of $32.49 and a one year high of $69.08.

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.