Sec Form 13G Filing - BERKSHIRE HATHAWAY INC (BRK-A) filing for LIBERTY MEDIA CORPORATION (FWONK) - 2024-02-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO § 240.13d-2

(Amendment No. )

 

 

LIBERTY MEDIA CORPORATION

(Name of Issuer)

SERIES C LIBERTY LIVE COMMON STOCK

(Title of Class of Securities)

531229722

(CUSIP Number)

August 3, 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:

☒ Rule 13d-1 (b)

☐ Rule 13d-1 (c)

☐ 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 disclosures provided in a prior cover page.

The information required on 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 (the “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. 531229722    13G    Page 2 of 18 Pages

 

1   

NAME OF REPORTING PERSON

 

Warren E. Buffett

2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☒  (b) ☐

 

3   

SEC USE ONLY

 

4   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States Citizen

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

11,132,590

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

11,132,590

 9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

11,132,590

10   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

Not Applicable.

11   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

17.5%

12   

TYPE OF REPORTING PERSON

 

IN


CUSIP No. 531229722    13G    Page 3 of 18 Pages

 

1   

NAME OF REPORTING PERSON

 

Berkshire Hathaway Inc.

2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☒  (b) ☐

 

3   

SEC USE ONLY

 

4   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Delaware

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

11,132,590

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

11,132,590

 9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

11,132,590

10   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

Not applicable.

11   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

17.5%

12   

TYPE OF REPORTING PERSON

 

HC, CO


CUSIP No. 531229722    13G    Page 4 of 18 Pages

 

1   

NAME OF REPORTING PERSON

 

National Indemnity Company

2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☒  (b) ☐

 

3  &#x A0;

SEC USE ONLY

 

4   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Nebraska

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

7,115,449

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

7,115,449

 9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

7,115,449

10   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

Not applicable.

11   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

11.2%

12   

TYPE OF REPORTING PERSON

 

IC, CO


CUSIP No. 531229722    13G    Page 5 of 18 Pages

 

1   

NAME OF REPORTING PERSON

 

National Fire & Marine Insurance Company

2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☒  (b) ☐

 

3   

SEC USE ONLY

 

4   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Nebraska

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

162,620

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

162,620

 9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

162,620

10   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

Not applicable.

11   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.3%

12   

TYPE OF REPORTING PERSON

 

IC, CO


CUSIP No. 531229722    13G    Page 6 of 18 Pages

 

1   

NAME OF REPORTING PERSON

 

GEICO Corporation

2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☒  (b) ☐

 

3   

SEC USE ONLY

 

4   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Delaware

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

5,529,646

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

5,529,646

 9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

5,529,646

10   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

Not applicable.

11   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

8.7%

12   

TYPE OF REPORTING PERSON

 

HC, CO


CUSIP No. 531229722    13G    Page 7 of 18 Pages

 

1   

NAME OF REPORTING PERSON

 

Government Employees Insurance Company

2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☒  (b) ☐

 

3   

SEC USE ONLY

 

4   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Nebraska

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

5,529,646

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

5,529,646

 9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

5,529,646

10   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

Not applicable.

11   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

8.7%

12   

TYPE OF REPORTING PERSON

 

IC, CO


CUSIP No. 531229722    13G    Page 8 of 18 Pages

 

1   

NAME OF REPORTING PERSON

 

Berkshire Hathaway Life Insurance Company of Nebraska

2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☒  (b) ☐

 

3   

SEC USE ONLY

 

4   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Nebraska

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

143,157

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

143,157

 9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

143,157

10   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

Not applicable.

11   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.2%

12   

TYPE OF REPORTING PERSON

 

IC, CO


CUSIP No. 531229722    13G    Page 9 of 18 Pages

 

1   

NAME OF REPORTING PERSON

 

Berkshire Hathaway Consolidated Pension Plan Master Trust

2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☒  (b) ☐

 

3   

SEC USE ONLY

 

4   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Nebraska

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

2,625,166

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

2,625,166

 9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,625,166

10   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

Not applicable.

11   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

4.1%

12   

TYPE OF REPORTING PERSON

 

EP


CUSIP No. 531229722    13G    Page 10 of 18 Pages

 

1   

NAME OF REPORTING PERSON

 

BNSF Master Retirement Trust

2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☒  (b) ☐

 

3   

SEC USE ONLY

 

4   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Texas

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

753,539

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

753,539

 9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

753,539

10   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

Not applicable.

11   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

1.2%

12   

TYPE OF REPORTING PERSON

 

EP


CUSIP No. 531229722    13G    Page 11 of 18 Pages

 

1   

NAME OF REPORTING PERSON

 

Scott Fetzer Collective Investment Trust

2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☒  (b) ☐

 

3   

SEC USE ONLY

 

4   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Ohio

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

50,000

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

50,000

 9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

50,000

10   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

Not applicable.

11   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.1%

12   

TYPE OF REPORTING PERSON

 

EP


CUSIP No. 531229722    13G    Page 12 of 18 Pages

 

1   

NAME OF REPORTING PERSON

 

Precision Castparts Corp. Master Trust

2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☒  (b) ☐

 

3   

SEC USE ONLY

 

4   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

State of Oregon

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

SOLE VOTING POWER

 

NONE

   6   

SHARED VOTING POWER

 

425,806

   7   

SOLE DISPOSITIVE POWER

 

NONE

   8   

SHARED DISPOSITIVE POWER

 

425,806

 9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

425,806

10   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

Not applicable.

11   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

1.0%

12   

TYPE OF REPORTING PERSON

 

EP


CUSIP No. 531229722    13G    Page 13 of 18 Pages

 

1   

NAME OF REPORTING PERSON

 

R. Ted Weschler

2   

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☒  (b) ☐

 

3   

SEC USE ONLY

 

4   

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States Citizen

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

SOLE VOTING POWER

 

163,951

   6   

SHARED VOTING POWER

 

NONE

   7   

SOLE DISPOSITIVE POWER

 

163,951

   8   

SHARED DISPOSITIVE POWER

 

4,721

 9   

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

0;

168,672

10   

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐

 

Not applicable.

11   

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.3%

12   

TYPE OF REPORTING PERSON

 

IN


Page 16 of 18 Pages

 

Item 1.

 

  (a)

Name of Issuer

LIBERTY MEDIA CORPORATION

 

  (b)

Address of Issuer’s Principal Executive Offices

12300 Liberty Boulevard, Englewood, CO 80112

Item 2(a). Name of Person Filing:

Item 2(b). Address of Principal Business Office:

Item 2(c). Citizenship:


Warren E. Buffett

3555 Farnam Street

Omaha, Nebraska 68131

United States Citizen

  

Berkshire Hathaway Inc.

3555 Farnam Street

Omaha, Nebraska 68131

Delaware corporation

National Indemnity Company

1314 Douglas Street

Omaha, Nebraska 68102

Nebraska corporation

  

BNSF Master Retirement Trust

c/o BNSF Railway Company

2650 Lou Menk Drive

Fort Worth, TX 76131

Texas

Government Employees Insurance Company

One GEICO Plaza

Washington, DC 20076

Nebraska corporation

  

GEICO Corporation

One GEICO Plaza

Washington, D.C. 20076

Delaware corporation

Berkshire Hathaway Consolidated Pension Plan Master Trust

c/o Berkshire Hathaway Inc.

3555 Farnam Street

Omaha, NE 68131

Nebraska

  

National Fire & Marine Insurance Company

1314 Douglas Street

Omaha, NE 68102

Nebraska corporation

Precision Castparts Corp. Master Trust

c/o Precision Castparts Corp.

5885 Meadows Road

Suite 620

Lake Oswego, OR 97035

Oregon

 

R. Ted Weschler

404 East Main Street

Charlottesville, VA 22902

United States Citizen

  

Scott Fetzer Collective Investment Trust

c/o Scott Fetzer Co.

28800 Clemens Road

Westlake, OH 44145

Ohio

 

Berkshire Hathaway Life Insurance Company of Nebraska

1314 Douglas Street

Omaha, NE 68102

Nebraska corporation


Page 17 of 18 Pages

 

  (d)

Title of Class of Securities

Class A Common Stock

 

  (e)

CUSIP Number

531229722

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:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.), Berkshire Hathaway Inc. and GEICO Corporation are each a Parent Holding Company or Control Person, in accordance with § 240.13d-1(b)(1)(ii)(G).

National Indemnity Company, Government Employees Insurance Company, Berkshire Hathaway Life Insurance Company of Nebraska and National Fire & Marine Insurance Company are each an Insurance Company as defined in section 3(a)(19) of the Act.

Berkshire Hathaway Consolidated Pension Plan Master Trust, Precision Castparts Corp. Master Trust, Scott Fetzer Collective Investment Trust and BNSF Master Retirement Trust are each an Employee Benefit Plan in accordance with § 240.13d-1(b)(1)(ii)(F).

Item 4. Ownership

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

See the Cover Pages for each of the Reporting Persons.

 

  (b)

Percent of Class

See the Cover Pages for each of the Reporting Persons.

 

  (c)

Number of shares as to which such person has:

 

  (i)

sole power to vote or to direct the vote

 

  (ii)

shared power to vote or to direct the vote

 

  (iii)sole

power to dispose or to direct the disposition of

 

  (iv)

shared power to dispose or to direct the disposition of

See the Cover Pages for each of the Reporting Persons.

Item 5. Ownership of Five Percent or Less of a Class.

Not Applicable.

Item 6. Ownership 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 or Control Person.

See Exhibit A.

Item 8. Identification and Classification of Members of the Group.

See Exhibit A.

Item 9. Notice of Dissolution of Group.

Not Applicable.

Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.


CUSIP No. 531229722    13G    Page 18 of 18 Pages

 

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated this 14th day of February, 2024

 

/s/ Warren E. Buffett
Warren E. Buffett
BERKSHIRE HATHAWAY INC.
By:   /s/ Warren E. Buffett
  Warren E. Buffett
  Chairman of the Board
NATIONAL INDEMNITY COMPANY, GEICO CORPORATION, GOVERNMENT EMPLOYEES INSURANCE COMPANY, BERKSHIRE HATHAWAY LIFE INSURANCE COMPANY OF NEBRASKA, NATIONAL FIRE & MARINE INSURANCE COMPANY, BERKSHIRE HATHAWAY CONSOLIDATED PENSION PLAN MASTER TRUST, BNSF MASTER RETIREMENT TRUST, SCOTT FETZER COLLECTIVE INVESTMENT TRUST AND PRECISION CASTPARTS CORP. MASTER TRUST
By:   /s/ Warren E. Buffett
 

Warren E. Buffett

Attorney-in-Fact

By:   /s/ R. Ted Weschler
  R. Ted Weschler