LLYVA

Liberty Live Holdings, Inc.

No convergence signal this quarter — shown because tracked funds have filed 13D/G on this stock.

Days to cover (short int.)

12.1d↓-2.6%

as of 2026-07-31

News Summary

Negative

Live Nation (LLYVA's principal asset) delivered strong Q2 2026 results with 9% revenue growth, 10% fan attendance growth, and raised full-year guidance, driving LLYVA stock up 36% from 52-week lows to $101.36. However, a federal jury verdict found Live Nation/Ticketmaster unlawfully monopolized ticketing and amphitheaters, with states formally demanding breakup and unresolved damages/remedy phase presenting material downside risk to LLYVA's core asset value.

Red flags

•Federal jury verdict against Live Nation on all antitrust counts (unlawful monopolization and tying); states formally demanded Ticketmaster breakup
•Unresolved damages phase and remedies determination could require forced divestiture of Ticketmaster, core profit driver
•$450M in legal accruals recognized; final penalties and breakup liability not yet determined
•Antitrust remedy risk remains material overhang despite near-term operating momentum and stock rally

Fund 13D/13G Filings (3)

Tracked funds' beneficial-ownership filings on this stock — disclosed within days of a position change, fresher than the quarterly 13F. Since Filing compares the stock to SPY from the filing date (shown for filings within the last 90 days).

Fund	Form	∆ Shares	% of Class	Since Filing	Filed	Src
ValueAct Holdings	SC 13D/A	—	4.9%	+3.9% vs SPY +5.2% abs	2026-06-15	↗
Berkshire Hathaway	SC 13G	NEW	19.5%	—	2026-02-17	↗
ValueAct Holdings	SC 13D	NEW	7.0%	—	2025-12-19	↗

Tracked Funds Holding (4)

Fund	Manager	Shares Held	Position Value
Berkshire Hathaway	Warren Buffett	10.6M	$1.1B
Berkshire Hathaway	Warren Buffett	5.0M	$505M
ValueAct Holdings	Mason Morfit	2.2M	$229M
ValueAct Holdings	Mason Morfit	785K	$80M

Quarter-end 13F positions for the tracked funds holding this stock.