First Eagle Investment Management’s Madison Square Garden MSGS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-256,880	Closed	-$39.2M	–	346
2017 Q3	$39.2M	Sell	256,880 -1,033,090	-80%	-$156M	0.09%	124
2017 Q2	$181M	Sell	1,289,970 -146,966	-10%	-$20.8M	0.43%	66
2017 Q1	$205M	Sell	1,436,936 -5,764	-0.4%	-$750K	0.51%	59
2016 Q4	$176M	Sell	1,442,700 -1,748	-0.1%	-$212K	0.45%	66
2016 Q3	$175M	Buy	1,444,448 +138,897	+11%	+$17.7M	0.44%	69
2016 Q2	$161M	Sell	1,305,551 -88,116	-6%	-$10.3M	0.41%	69
2016 Q1	$165M	Buy	1,393,667 +216,241	+18%	+$24.1M	0.42%	74
2015 Q4	$136M	Buy	+1,177,426	New	+$142M	0.34%	94
2015 Q3	–	Sell	-857,110	Closed	-$51M	–	328
2015 Q2	$51M	Sell	857,110 -35,093	-4%	-$2.1M	0.12%	120
2015 Q1	$53.9M	Sell	892,203 -8,638	-1%	-$475K	0.13%	123
2014 Q4	$48.4M	Buy	900,841 +82,087	+10%	+$4.14M	0.12%	126
2014 Q3	$38.6M	Sell	818,754 -901,668	-52%	-$40.6M	0.1%	132
2014 Q2	$76.6M	Buy	1,720,422 +1,038,994	+152%	+$40.8M	0.19%	97
2014 Q1	$27.6M	Buy	+681,428	New	+$28M	0.07%	125