William Von Mueffling's Cantillon Capital Management drastically reduced its investment in Live Nation Entertainment during the second quarter of 2026. The firm sold 95.4% of its position, cutting its holdings from 2.47 million shares down to just 113,500. This represented an estimated sale of over $430 million worth of the live entertainment giant's stock.
This trade activity occurred between April 1 and June 30, as disclosed in a mandatory 13F filing on July 29, 2026. Such filings reveal an investor's holdings at the end of a quarter and do not detail the exact timing or price of trades. The disclosure preceded Live Nation's strong quarterly earnings report on July 30, where the company beat revenue and profit expectations. Cantillon has not publicly commented on its motive for the near-exit.