Liberty Media Corp-formula-a (FWONA) 13F Positioning & Ownership Changes (Q2 2026)

FWONA ranks #2106 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

FWONA is a top-conviction position for Ashe Capital Management, LP — at 11.1% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in FWONA belongs to Linonia Partnership LP, but the position matters far more to Ashe Capital Management, LP, who has 11.1% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

BayBridge Capital Group, LLC has added to its FWONA position for two straight quarters, increasing it by $365.8K to reach $607.4K today.

True Wealth Design, LLC has trimmed its FWONA position for two straight quarters, cutting it by $1.0K while still holding $170.0.

FWONA is down 2.5% today, but institutions show net buying of $230.1M this quarter — a divergence between today's price move and the underlying institutional flow.

FWONA posted net income of $408.0M over the trailing twelve months.

• Profitable — net income of $408.0M over the trailing twelve months
• Revenue grew 12.2% year over year
• Net income improved year over year, from -$2.5B to $408.0M
• Generated $908.0M in positive operating cash flow
• Current ratio of 1.46x — below the conventional 1.5x liquidity buffer
• Liabilities run 0.90x equity — within a conventional range