LYV ranks #598 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
LYV is a top-conviction position for Independent Franchise Partners LLP — at 7.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in LYV belongs to BlackRock, Inc., but the position matters far more to Independent Franchise Partners LLP, who has 7.2% 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.
Capital International Investors has added to its LYV position for two straight quarters, increasing it by $1.3B to reach $1.3B today.
Canada Pension Plan Investment Board has trimmed its LYV position for two straight quarters, cutting it by $485.3M while still holding $859.0M.
LYV is down 1% today, but institutions show net buying of $8.1B this quarter — a divergence between today's price move and the underlying institutional flow.