William Von Mueffling's Cantillon Capital Management has completely sold off its position in Liberty Media Corp (FWONK), divesting all 1.04 million shares. Based on the filing's reported value, the sale is estimated to be worth approximately $88.05 million. The position previously accounted for just over half a percent of the fund's reported portfolio.
This trade was disclosed in a quarterly 13F filing and reflects activity that occurred between April 1 and June 30, 2026. During that period, Liberty Media's primary subsidiary, Formula One, held four fewer races compared to the same quarter in the prior year, which contributed to the company later reporting a year-over-year revenue decrease for the second quarter. [1, 2] There were no public comments from the investor regarding the specific reason for the sale.