FWONA News and Press, Liberty Media Corporation Series A From 02/15/23

Summary Berkshire Hathaway's 13F stock portfolio value increased from ~$296B to ~$299B. Their largest three holdings are at ~60% of the entire portfolio. Berkshire Hathaway increased Louisiana-Pacific while decreasing US Bancorp, Bank of New York Mellon, Taiwan Semi, and McKesson Co...

Summary Sequoia Fund's investment objective is long-term growth of capital. In pursuing this objective, it focuses on investing in equity securities that the advisor believes are undervalued at the time of purchase and have the potential for growth. Sequoia Fund returned -30.52%1 in 202...

Benchmark has reiterated a Buy rating on Formula One Group ( NASDAQ: FWONA ), even as International Automobile Federation honcho Mohammed Ben Sulayem appeared to throw cold water on a reported purchase price coming from Saudi Arabia. Reports emerged Friday that the Saudi sovereign wea...

Saudi Arabia's sovereign wealth fund evaluated acquiring Formula 1 from its owner Liberty Media ( NASDAQ: FWONA ) to add to its sports portfolio last year. Liberty Media rose 3.5% in premarket trading. Liberty Media ( FWONA ) ended those Saudi ambitions last year as it wasn't ...

Summary Ruane, Cunniff & Goldfarb’s 13F portfolio value decreased from $7.67B to $6.73B this quarter. The number of positions remained steady at 31. They added Capital One Financial and increased Meta Platforms while decreasing Taiwan Semi, Netflix, and Micron during the quar...

Liberty Media Corporation (“Liberty Media”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, BATRA, BATRK) announced that Courtnee Chun, currently Chief Portfolio Officer, will transition to a Senior Advisor role effective January 3, 2023. “Over the last fifteen years, Courtne...

Summary 2022 saw attendance records at many races with growth in earnings for Formula One Group. Global interest in the sport is strong with sponsor deals secured. No clarity as to what Liberty Media Corporation plans to do with F1's profits. Formula One logo (Li...

Summary Formula 1 revenue has seen encouraging growth over the past year. However, that of Sirius XM Holdings has been more modest. It is unclear whether adverse economic conditions could negatively affect revenue growth for Sirius XM going forward. For this reason, I take a wai...

Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) announced today the closing of the refinancing of the first lien Term Loan B and first lien revolving credit facility of certain subsidiaries of Delta Topco Limited, the L...

Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) today announced that its board of directors has authorized management to pursue a split-off (the “Split-Off”) of the Atlanta Braves and its associated real e...