Makena Capital Management LLC Invests $10.22 Million in Liberty Live Group (NASDAQ:LLYVK)

Makena Capital Management LLC bought a new stake in shares of Liberty Live Group (NASDAQ:LLYVK) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 199,147 shares of the company’s stock, valued at approximately $10,222,000. Liberty Live Group accounts for about 2.5% of Makena Capital Management LLC’s investment portfolio, making the stock its 20th biggest position. Makena Capital Management LLC owned approximately 0.22% of Liberty Live Group at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Victory Capital Management Inc. raised its position in Liberty Live Group by 1.7% during the 3rd quarter. Victory Capital Management Inc. now owns 12,257 shares of the company’s stock valued at $629,000 after purchasing an additional 199 shares in the last quarter. Pinnacle Associates Ltd. raised its holdings 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 acquiring an additional 272 shares in the last quarter. KBC Group NV lifted its stake in Liberty Live Group by 26.8% in the third quarter. KBC Group NV now owns 2,170 shares of the company’s stock worth $111,000 after acquiring an additional 458 shares during the period. Quarry LP bought a new position in Liberty Live Group during the 2nd quarter worth about $28,000. Finally, Hahn Capital Management LLC grew its holdings in Liberty Live Group by 33.6% during the 2nd quarter. Hahn Capital Management LLC now owns 2,908 shares of the company’s stock worth $111,000 after acquiring an additional 732 shares in the last quarter. 60.36% of the stock is currently owned by institutional investors.

Liberty Live Group Stock Performance

Liberty Live Group stock opened at $68.87 on Thursday. The business has a fifty day moving average of $54.74 and a two-hundred day moving average of $44.14. Liberty Live Group has a twelve month low of $32.49 and a twelve month high of $69.08.

Insider Buying and Selling

In other Liberty Live Group news, CAO Brian J. Wendling sold 10,011 shares of Liberty Live Group stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $73.80, for a total transaction of $738,811.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Renee L. Wilm sold 19,202 shares of the company’s stock in a transaction on Friday, September 20th. The shares were 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. Insiders sold a total of 30,817 shares of company stock worth $2,327,591 in the last 90 days.

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.