Bamco Inc. NY Reduces Stake in Liberty Formula One Series A

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Bamco Inc. NY, a New York-based investment management firm, reduced its holdings in Liberty Media Corporation's Liberty Formula One Series A (NASDAQ:FWONA) by 4.7% during the third quarter, according to a recent SEC filing. The firm now owns 317,764 shares of the company's stock, valued at $30.26 million.

Why it matters

Liberty Media's Formula One racing division is a key part of the company's overall business, and changes in major institutional investors' positions can signal shifts in market sentiment around the stock. Bamco's reduced stake, while relatively small, could indicate broader concerns about the Formula One business or Liberty Media's broader strategy.

The details

According to the filing, Bamco Inc. NY sold 15,553 shares of Liberty Media Corporation - Liberty Formula One Series A during the third quarter. The firm now owns 0.13% of the company's outstanding shares. Other major institutional investors, including Principal Financial Group Inc. and Capula Management Ltd., also made changes to their positions in the third quarter.

• Bamco Inc. NY reduced its holdings in Liberty Media Corporation - Liberty Formula One Series A during the 3rd quarter of 2026.