JPMorgan Chase Discloses 5.0% Stake in Liberty Media (LSXMC)

TL;DR

**JPMorgan Chase just revealed a 5% stake in Liberty Media's Series C stock.**

AI Summary

JPMorgan Chase & Co. reported on January 10, 2024, that as of December 29, 2023, they beneficially own 5.0% of Liberty Media Corporation's Series C Liberty SiriusXM Common Stock. This filing indicates that JPMorgan Chase & Co. holds a significant, but not controlling, stake in Liberty Media, which could signal their confidence in the company's future or be part of broader investment strategies. For investors, this means a major financial institution has a notable position, which might influence market perception or future trading activity in Liberty Media's stock.

Why It Matters

A large institutional investor like JPMorgan Chase & Co. taking a 5.0% stake in Liberty Media Corporation's Series C stock can be seen as a vote of confidence, potentially attracting other investors and influencing the stock's performance.

Risk Assessment

Risk Level: low — This filing indicates a significant institutional investment, generally seen as a positive signal rather than a risk.

Analyst Insight

An investor might consider this a positive signal and research Liberty Media Corporation further, potentially adding it to their watchlist or considering a position, given the institutional backing.

Key Numbers

• 5.0% — Beneficial Ownership (JPMorgan Chase & Co.'s stake in Liberty Media's Series C Liberty SiriusXM Common Stock)

Key Players & Entities

• JPMorgan Chase & Co. (company) — filer and beneficial owner
• Liberty Media Corporation (company) — subject company
• Series C Liberty SiriusXM Common Stock (company) — class of securities owned
• 5.0% (dollar_amount) — percentage of class beneficially owned
• December 29, 2023 (person) — date of event requiring filing

Forward-Looking Statements

• The market may react positively to JPMorgan Chase & Co.'s disclosed stake in Liberty Media Corporation. (Liberty Media Corporation) — medium confidence, target: short-term

FAQ

Filing Documents

• LIBERTY_MEDIA_CORPORATION..htm (SC 13G) — 86KB
• 0000019617-24-000044.txt ( ) — 88KB

From the Filing

SC 13G 1 LIBERTY_MEDIA_CORPORATION..htm FILING LIBERTY MEDIA CORPORATION Schedule 13G UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* LIBERTY MEDIA CORPORATION (Name of Issuer) Series C Liberty SiriusXM Common Stock (Title of Class of Securities) 531229789 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: x Rule 13d-1(b) o Rule 13d-1(c) o Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 531229789 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) JPMORGAN CHASE & CO. 13-2624428 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER 12,733,160 6 SHARED VOTING POWER 8,254 7 SOLE DISPOSITIVE POWER 13,171,328 8 SHARED DISPOSITIVE POWER 479 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 13,194,389 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.0 % 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC FOOTNOTES Item 1. (a) Name of Issuer LIBERTY MEDIA CORPORATION (b) Address of Issuer's Principal Executive Offices 12300 Liberty Boulevard, Englewood, Colorado 80112 Item 2. (a) Name of Person Filing JPMORGAN CHASE & CO. (b) Address of Principal Business Office or, if none, Residence 383 Madison Avenue New York, NY 10179 (c) Citizenship Delaware (d) Title of Class of Securities Series C Liberty SiriusXM Common Stock (e) CUSIP Number 531229789 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) o An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) o An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) x A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) o A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J). (k) o A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 13,194,389 (b) Percent of class: 6.0 % (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 12,733,160 (ii) Shared power to vote or to direct the vote: 8,254 (iii) Sole power to dispose or to direct the disposition of: 13,171,328 (iv) Shared power to dispose or to direct the disposition of: 479 Item 5. of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o . Item 6. of More than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company J.P. Morgan Trust Company of Delaware J.P. Morgan Securities LLC JPMorgan Chase Bank, National Association JP

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