Madison Square Garden
MSGE
174 hedge funds and large institutions have $1.29B invested in Madison Square Garden in 2023 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 65 increasing their positions, 34 reducing their positions, and 21 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
91% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 34
90% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 21
23% more capital invested
Capital invested by funds: $1.05B → $1.29B (+$242M)
21.14% more ownership
Funds ownership: 70.65% → 91.79% (+21%)
12% more funds holding
Funds holding: 155 → 174 (+19)
4% less call options, than puts
Call options by funds: $8.24M | Put options by funds: $8.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$62.9M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$44.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$43M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$22.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$10.3M |
| 2 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$4.95M |
| 3 |
LIP
Lighthouse Investment Partners
Palm Beach Gardens,
Florida
|
-$3.7M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$3.63M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$3.26M |
MSGE Hedge Fund Activity: Q3 2023 in Review
174 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Madison Square Garden (MSGE) for Q3 2023, worth a combined $1.29B — up 23% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new MSGE positions and 21 closed out — a net gain of 19 holders — while 65 added to existing stakes and 34 trimmed.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $62.9M. The largest seller was Kohlberg Kravis Roberts & Co, exiting entirely with an estimated $10.3M sold.
- 174 institutional investors held Madison Square Garden (MSGE) as of Q3 2023, up from 155 in Q2 2023.
- Funds reported $1.29B of Madison Square Garden stock for Q3 2023, up 23% quarter-over-quarter.
- 40 funds opened new Madison Square Garden positions in Q3 2023 and 21 closed out, a net change of +19 holders.
- The largest Madison Square Garden buyer in Q3 2023 was Jericho Capital Asset Management, an estimated $62.9M added.
- The largest Madison Square Garden seller in Q3 2023 was Kohlberg Kravis Roberts & Co, an estimated $10.3M sold.
Based on aggregated 13F filings for Q3 2023.