George Soros’ Top 5 Stock Picks

4. Liberty Broadband Corporation (NASDAQ:LBRDA)

Soros Fund Management’s Holdings: $113,554,258
Percentage of Soros Fund Management’s Portfolio: 1.75%

Liberty Broadband Corporation (NASDAQ:LBRDA) operates in the communications industry. On March 17, Deutsche Bank analyst Bryan Kraft lowered the price target on Liberty Broadband to $120 from $131 but maintained a ‘Buy’ rating following the Q4 results.

Soros Fund Management holds 1.39 million shares in Liberty Broadband Corporation (NASDAQ:LBRDA), which is worth over $113.55 million, representing 1.75% of its portfolio. Liberty Broadband Corporation (NASDAQ:LBRDA) has featured on Soros’ portfolio since the second quarter of 2016.

Longleaf Partners Fund made the following comment about Liberty Broadband Corporation (NASDAQ:LBRDA) in its Q4 2022 investor letter:

“Liberty Broadband Corporation (NASDAQ:LBRDA) – Cable and media holding company Liberty Broadband declined amid worsening sentiment for its underlying cable business Charter. We believe the Liberty management team will successfully close the valuation gap at both underlying holding Charter and holdco Liberty Broadband, as we have seen sentiment on cable stocks shift many times over our decades at Southeastern. This remains a good business run by great partners.”

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