Top 5 Stock Picks of Ryan Frick’s Dorsal Capital

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1. Liberty Broadband Corporation (NASDAQ:LBRDA)

Frick’s Stake Value: $303,905,000
Percentage of Ryan Frick’s 13F Portfolio: 14.19%
Number of Hedge Fund Holders: 28

Liberty Broadband Corporation (NASDAQ:LBRDA) owns communications companies that include cable, internet, wireless, video, phone, and managed services. It was established in 2014 and is ranked first on the list of top 10 stock picks of Ryan Frick’s Dorsal Capital. Liberty Broadband Corporation (NASDAQ:LBRDA) currently has a $33.44 billion market capitalization and was able to deliver a 22.90% return in the past 12 months.

On August 24, Pivotal Research rated the stock as “Street-High,” raising the price target to $1,000 from $820. On August 6, Liberty Broadband Corporation (NASDAQ:LBRDA) posted earnings for the second quarter of 2021. It reported earnings per share of $0.30, missing the estimates by $1.33.

Ryan Frick’s hedge fund owns 1.75 million shares of Liberty Broadband Corporation (NASDAQ:LBRDA), worth $303.91 million. There were 28 hedge funds in our database that held stakes in Liberty Broadband Corporation (NASDAQ:LBRDA) in the second quarter of 2021, compared to 23 funds in the first quarter.

In its second-quarter 2021 investor letter, Alphyn Capital Management mentioned Liberty Broadband Corporation (NASDAQ:LBRDA). Here is what the fund said:

“Liberty Broadband completed its merger with GCI, thereby collapsing one layer of the double discount to Charter Communications, presenting a good opportunity to trim that position as well.”

You can also take a peek at 10 Best Stock Picks and Investments Of Billionaire Chamath Palihapitiya and Cathie Wood’s Top 5 Stock Picks and ARK Portfolio Updates 

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