Valinor Management’s Madison Square Garden MSGS Stock Holding History

Valinor 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 Q3	–	Sell	-917,603	Closed	-$54.6M	–	35
2015 Q2	$54.6M	Buy	917,603 +132,846	+17%	+$7.97M	1.45%	27
2015 Q1	$47.4M	Sell	784,757 -489,062	-38%	-$26.9M	1.24%	29
2014 Q4	$68.4M	Buy	1,273,819 +54,678	+4%	+$2.76M	1.75%	26
2014 Q3	$57.5M	Sell	1,219,141 -481,146	-28%	-$21.7M	1.6%	29
2014 Q2	$75.7M	Buy	1,700,287 +164,273	+11%	+$6.46M	2.07%	21
2014 Q1	$62.2M	Sell	1,536,014 -140,432	-8%	-$5.77M	1.91%	27
2013 Q4	$68.9M	Buy	1,676,446 +368,826	+28%	+$15M	2.27%	19
2013 Q3	$54.2M	Buy	1,307,620 +31,898	+3%	+$1.34M	1.99%	22
2013 Q2	$53.9M	Buy	+1,275,722	New	+$53.4M	2.23%	21

Other funds holding MSGS

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

MCM

Mason Capital Management New York $613M AUM 21.43% 1-Year Est. Return

Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return

ClearBridge Investments New York $115B AUM 24.78% 1-Year Est. Return

GAMCO Investors Greenwich, Connecticut $10.2B AUM 30.27% 1-Year Est. Return

TCM

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

Ariel Investments Chicago, Illinois $8.93B AUM 29.58% 1-Year Est. Return

Gabelli Funds Rye, New York $14.8B AUM 32.24% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

Valinor Management's MSGS Position: Q3 2015 in Review

Valinor Management sold out of Madison Square Garden (MSGS) in Q3 2015, closing a stake of 917,603 shares — an estimated $54.6M sold.

Valinor Management first reported a position in MSGS in Q2 2013 and held it in 9 quarters. The position peaked at $75.7M in Q2 2014. 182 funds tracked by Wall St. Rank hold MSGS as of Q3 2015.

Valinor Management reported no remaining Madison Square Garden position as of Q3 2015 after selling out during the quarter.
Valinor Management sold 917,603 Madison Square Garden shares in Q3 2015, an estimated $54.6M.
Valinor Management first reported a position in Madison Square Garden in Q2 2013 and held it in 9 quarters.
Valinor Management's Madison Square Garden position peaked at $75.7M in Q2 2014.
182 funds tracked by Wall St. Rank held Madison Square Garden as of Q3 2015.

Based on Valinor Management's 13F filing for Q3 2015, filed 16 Nov 2015.