Third Avenue Management’s Madison Square Garden MSGS Stock Holding History

Third Avenue Management’s Portfolio MSGS Stock Details MSGS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-14,094	Closed	-$757K	–	137
2014 Q4	$757K	Sell	14,094 -555,921	-98%	-$28M	0.02%	121
2014 Q3	$26.9M	Sell	570,015 -178,171	-24%	-$8.03M	0.56%	54
2014 Q2	$33.3M	Buy	748,186 +233,534	+45%	+$9.18M	0.64%	47
2014 Q1	$20.8M	Sell	514,652 -130	-0%	-$5.34K	0.4%	81
2013 Q4	$21.1M	Sell	514,782 -1,844	-0.4%	-$75.1K	0.39%	78
2013 Q3	$21.4M	Sell	516,626 -269,522	-34%	-$11.3M	0.41%	67
2013 Q2	$33.2M	Buy	+786,148	New	+$32.9M	0.65%	47

Other funds holding MSGS

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

MCM

Mason Capital Management New York $607M AUM 1.77% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

ClearBridge Investments New York $121B AUM 27.52% 1-Year Est. Return

GAMCO Investors Greenwich, Connecticut $11.1B AUM 41.79% 1-Year Est. Return

JCMLC

JAT Capital Management LP (Connecticut) Greenwich, Connecticut $3.72B AUM 19.21% 1-Year Est. Return

TCM

Tran Capital Management San Rafael, California $869M AUM 52.91% 1-Year Est. Return

Lazard Asset Management New York $66.1B AUM 33.53% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Gabelli Funds Rye, New York $15.7B AUM 36.4% 1-Year Est. Return

Third Avenue Management's MSGS Position: Q1 2015 in Review

Third Avenue Management sold out of Madison Square Garden (MSGS) in Q1 2015, closing a stake of 14,094 shares — an estimated $757K sold.

Third Avenue Management first reported a position in MSGS in Q2 2013 and held it in 7 quarters. The position peaked at $33.3M in Q2 2014. 228 funds tracked by Wall St. Rank hold MSGS as of Q1 2015.

Third Avenue Management reported no remaining Madison Square Garden position as of Q1 2015 after selling out during the quarter.
Third Avenue Management sold 14,094 Madison Square Garden shares in Q1 2015, an estimated $757K.
Third Avenue Management first reported a position in Madison Square Garden in Q2 2013 and held it in 7 quarters.
Third Avenue Management's Madison Square Garden position peaked at $33.3M in Q2 2014.
228 funds tracked by Wall St. Rank held Madison Square Garden as of Q1 2015.

Based on Third Avenue Management's 13F filing for Q1 2015, filed 14 May 2015.