JPMorgan Chase Reduces Stake in Liberty Media Live Series A

Institutional investor sells over 35,000 shares of LLYVA in Q3

Published on Feb. 28, 2026

JPMorgan Chase & Co. lowered its stake in Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA) by 9.1% in the third quarter, according to the company's latest 13F filing with the SEC. The fund now owns 351,420 shares of the company's stock, down from 386,705 shares previously.

Why it matters

Liberty Media's Live Series A tracking stock provides investors with exposure to the company's live sports and entertainment businesses, including a 100% ownership stake in the Atlanta Braves MLB franchise. JPMorgan's reduced position signals a potential shift in institutional sentiment around the stock.

The details

According to the 13F filing, JPMorgan Chase sold 35,285 shares of LLYVA during the third quarter, reducing its total position to 351,420 shares. The bank now owns 0.38% of the Liberty Live Series A stock, which was worth $33.1 million at the end of the quarter. Other institutional investors and hedge funds have also made changes to their LLYVA holdings in recent quarters, with some increasing and others decreasing their positions.

  • JPMorgan Chase filed the 13F report disclosing the stake reduction in the third quarter of 2026.

The players

JPMorgan Chase & Co.

A major global financial services firm and one of the largest institutional investors in the United States.

Liberty Media Corporation - Liberty Live Series A

A tracking stock of Liberty Media Corporation focused on the company's live sports and entertainment businesses, including a 100% ownership stake in the Atlanta Braves MLB franchise.

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The takeaway

JPMorgan Chase's reduced stake in Liberty Media's Live Series A tracking stock suggests some institutional investors may be reevaluating their exposure to the company's live sports and entertainment portfolio. However, Liberty Media continues to be a diversified holding company with significant assets beyond just the Braves franchise.