STOCK TITAN

Alpine/ACR entities (LBTYA) disclose 23.6M shares, 13.5% stake

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Liberty Global Ltd. reported a Schedule 13G/A Amendment disclosing ownership by Alpine/ACR-related reporting persons. The filing lists 23,644,817 Class A common shares held by ACR-related entities, representing 13.5% of the 174,608,257 shares outstanding as of January 31, 2026. The schedule itemizes smaller holdings by affiliated funds and accounts, with shared voting and dispositive power reported for the listed totals.

Positive

  • None.

Negative

  • None.

Insights

Concentrated 13.5% position by ACR/Alpine group is clearly disclosed.

The filing shows consolidated beneficial ownership of 23,644,817 shares held across ACR/Alpine entities, reported as 13.5% of Class A shares outstanding as of January 31, 2026. Shared voting and dispositive power is disclosed rather than sole control.

Key dependencies include the issuer's outstanding share count and the reporting persons' internal allocation; subsequent filings could show changes in percent ownership if share counts or holdings move.

Disclosure follows Schedule 13G/A conventions and includes required disclaimers.

The statement includes the chain of entities (GP/LP/manager/trust) and contains repeated disclaimers that certain entities disclaim beneficial ownership beyond record holdings, consistent with Section 13 rules. The percent calculation cites the issuer's 10-K amendment share count.

Investors and compliance teams should track whether holdings remain passive under Schedule 13G conditions or require conversion to Schedule 13D if activism or control changes.

Shares held by ACR group 23,644,817 shares Consolidated holdings reported by ACR-related reporting persons
Percent of class 13.5% Percent of Class A common shares outstanding as of January 31, 2026
Shares outstanding used 174,608,257 shares Class A shares outstanding as of January 31, 2026 (source: issuer's 10-K/A)
APC holdings 2,299,916 shares Alpine Private Capital, LLC reported shared holdings
ACROPP holdings 201,000 shares ACR Opportunity, L.P. reported holdings
ACROX holdings 284,500 shares ACR Opportunity Fund reported holdings
ACREX holdings 544,000 shares ACR Equity International Fund reported holdings
shared dispositive power regulatory
"Shared Dispositive Power 23,644,817.00"
beneficial ownership disclaimer regulatory
"disclaims beneficial ownership of all Common Stock included in this report"
Schedule 13G/A regulatory
"This statement is filed by (i) ACR Opportunity, L.P."
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Section 13(d) or 13(g) regulatory
"shall not be construed as an admission... for purposes of Section 13(d) or 13(g)"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

Who holds the 13.5% stake in Liberty Global (LBTYA)?

The 13.5% stake is held by ACR/Alpine-related entities totaling 23,644,817 shares. The filing lists ACR, ACRLP, ACRGP, AIM, AHC, the Living Trust, and Mr. and Mrs. Tompras as reporting persons tied to that total; shared voting and dispositive power is reported.

How was the 13.5% ownership percentage calculated for LBTYA?

The percentage is based on 174,608,257 Class A shares outstanding as of January 31, 2026. The filing explicitly cites that outstanding share count from Liberty Global's Amendment No.1 to its Form 10-K/A filed March 26, 2026.

Do the reporting persons claim sole beneficial ownership of the shares?

No. Several reporting persons expressly disclaim beneficial ownership beyond record holdings. The filing contains repeated disclaimers stating these entities are not admitting beneficial ownership under Sections 13(d) or 13(g).

Which affiliated funds and accounts are also disclosed and what are their stakes?

The filing lists ACROPP 201,000; ACROX 284,500; ACREX 544,000; APC 2,299,916 shares. These amounts are shown with percent figures ranging from 0.1% to 1.3% of the class.

What voting and dispositive powers are reported by the filers?

The filers report zero sole voting or sole dispositive power and report shared voting and dispositive power matching their listed share amounts. For example, the 23,644,817 figure is reported as shared voting and shared dispositive power.





G61188101

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



ACR Alpine Capital Research, LLC
Signature:/s/ Nicholas V. Tompras
Name/Title:Nicholas V. Tompras/Chief Executive Officer
Date:04/09/2026
ACR Opportunity, L.P.
Signature:Alpine Partners Management, LLC
Name/Title:General Partner
Date:04/09/2026
Signature:/s/ Nicholas V. Tompras
Name/Title:Nicholas V. Tompras/Chief Executive Officer
Date:04/09/2026
ALPINE PARTNERS MANAGEMENT, LLC
Signature:/s/ Nicholas V. Tompras
Name/Title:Nicholas V. Tompras/Chief Executive Officer
Date:04/09/2026
ACR Opportunity Fund
Signature:ACR Alpine Capital Research, LLC
Name/Title:Investment Manager
Date:04/09/2026
Signature:/s/ Nicholas V. Tompras
Name/Title:Nicholas V. Tompras/Chief Executive Officer
Date:04/09/2026
ACR Equity International Fund
Signature:ACR Alpine Capital Research
Name/Title:Investment Manager
Date:04/09/2026
Signature:/s/ Nicholas V. Tompras
Name/Title:Nicholas V. Tompras/Chief Executive Officer
Date:04/09/2026
ALPINE PRIVATE CAPITAL, LLC
Signature:Alpine Investment Management, LLC
Name/Title:Majority Owner
Date:04/09/2026
Signature:/s/ Nicholas V. Tompras
Name/Title:Nicholas V. Tompras/President
Date:04/09/2026
ACR ALPINE CAPITAL RESEARCH, LP
Signature:/s/ Nicholas V. Tompras
Name/Title:Nicholas V. Tompras/Chief Executive Officer
Date:04/09/2026
ACR Alpine Capital GP, LLC
Signature:/s/ Nicholas V. Tompras
Name/Title:Nicholas V. Tompras/President
Date:04/09/2026
Alpine Investment Management, LLC
Signature:/s/ Nicholas V. Tompras
Name/Title:Nicholas V. Tompras/President
Date:04/09/2026
Alpine Holdings Corp
Signature:/s/ Nicholas V. Tompras
Name/Title:Nicholas V. Tompras/President
Date:04/09/2026
Nicholas V. Tompras Living Trust 9/23/03, as amended
Signature:/s/ Nicholas V. Tompras
Name/Title:Nicholas V. Tompras/Trustee
Date:04/09/2026
Tompras Nicholas V.
Signature:/s/ Nicholas V. Tompras
Name/Title:Nicholas V. Tompras/Individual
Date:04/09/2026
Tompras Jennifer O.
Signature:/s/ Jennifer O. Tompras
Name/Title:Jennifer O. Tompras/Individual
Date:04/09/2026