How many subsidiaries does Liberty Global Ltd. file with the SEC?

74, listed in its most recent exhibit 21. They are incorporated across 13 jurisdictions, led by Belgium, Bermuda, Brazil. 10 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is Liberty Global Ltd. financially healthy?

Liberty Global Ltd. scores 5 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the distress zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of Liberty Global Ltd.?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), AQR CAPITAL MANAGEMENT LLC (adding), BAUPOST GROUP LLC/MA (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

Liberty Global Ltd. (LBTYA)

Nasdaq, Nasdaq, Nasdaq · Common Stock · Cable & Other Pay Television Services

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

74 entities across 13 jurisdictions, 10 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-02-18 — see the exhibit.

Which other public companies file entities in the same places:

Belgium27 Netherlands25 Ireland6 Luxembourg6 Malta2 Bermuda1 Brazil1 Hong Kong1 Mexico1 Monaco1 Romania1 Spain1

Subsidiaries of Liberty Global Ltd. as disclosed in its SEC filing
Entity	Jurisdiction	Note
Beci-Brussels Chamber of Commerce ASBL	Belgium
Blossom Energy BV	Belgium
Connectify NV	Belgium
Décor Oyenbrug BV	Belgium
Doccle BV	Belgium
Doccle.Up NV	Belgium
Fabiola BV	Belgium
Instelling voor bedrijfspensioenvoorziening Telenet OFP	Belgium
MaRo NV	Belgium
Master of Madness BV	Belgium
Native Nation BV	Belgium

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

5 / 8

FAILReturn on assets positiveROA -31.6%
PASSOperating cash flow positiveOCF 1.2B
FAILReturn on assets improving6.2% → -31.6%
PASSCash flow exceeds earningsOCF 1.2B vs NI -7.1B
FAILLong-term debt ratio falling32.1% → 34.5% of assets
PASSCurrent ratio improving1.05 → 1.08
PASSNo share dilution375M → 342M shares
FAILGross margin improvingno gross profit reported
PASSAsset turnover improving0.17× → 0.22×

Altman Z-score

0.68distress

Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$12.0B	−$1.6B	$2.8B	—	602,083,910
FY2021	$10.3B	$13.4B	$2.1B	—	569,114,223
FY2022	$7.2B	$1.5B	$1.5B	—	496,988,850
FY2023	$7.5B	−$4.1B	$779.9M	—	425,679,037
FY2024	$4.3B	$1.6B	$1.1B	—	375,182,221
FY2025

Ownership flow

14 institutions tracked — 9 added, 4 reduced, 1 opened a new position. Index money added 2,214,921 shares while active managers cut 3,749,388.

Institutional holders of Liberty Global Ltd. and their share-count change
Manager	Kind	Shares	Change	Value
BAUPOST GROUP LLC/MA	Value	8,543,161	−4,854,086	$94.0M
BlackRock, Inc.	Index	18,497,374	+1,394,047	$206.9M
STATE STREET CORP	Index	7,173,120	+834,707	$80.1M
CITADEL ADVISORS LLC	Hedge fund	2,036,367

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Shares repurchased

2026Q1: $0
2025Q1: $37.9M
2024Q1: $176.3M
2023Q1: $229.3M
2022Q1: $480.6M
2021Q1: $311.2M

Identity

CIK: 0001570585
LEI: 213800HRMKKTYH7SKA24
FIGI: BBG01K9HZH92
SIC: 4841 · Cable & Other Pay Television Services
Headquarters: HAMILTON, Bermuda

Ownership

Institutional: 101.8%
Institutions: 384
Insiders: 4.1%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other cable & other pay television services companies

Liberty Global Ltd. files under SIC 4841 — all 7 cable & other pay television services companies compared on assets and F-score.

COMCAST CORPCMCSA CHARTER COMMUNICATIONS, INC. /MO/CHTR Warner Bros. Discovery, Inc.WBD Optimum Communications, Inc.OPTU Liberty Latin America Ltd.LILA Adeia Inc.ADEA

Questions about Liberty Global Ltd.

How many subsidiaries does Liberty Global Ltd. file with the SEC?: 74, listed in its most recent exhibit 21. They are incorporated across 13 jurisdictions, led by Belgium, Bermuda, Brazil. 10 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is Liberty Global Ltd. financially healthy?: Liberty Global Ltd. scores 5 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the distress zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of Liberty Global Ltd.?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), AQR CAPITAL MANAGEMENT LLC (adding), BAUPOST GROUP LLC/MA (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

Download the terminal See pricing

Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.