Madison Square Garden
MSGS
209 hedge funds and large institutions have $3.32B invested in Madison Square Garden in 2013 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 70 increasing their positions, 72 reducing their positions, and 28 closing their positions.
50% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 28
7% more funds holding
Funds holding: 196 → 209 (+13)
3% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 72
4% less capital invested
Capital invested by funds: $3.45B → $3.32B (-$125M)
12% less call options, than puts
Call options by funds: $1.43M | Put options by funds: $1.63M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.8M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$35.8M |
| 3 |
Morgan Stanley
New York
|
+$35.8M |
| 4 |
ClearBridge Investments
New York
|
+$25.6M |
| 5 |
D.E. Shaw & Co
New York
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$96.7M |
| 2 |
State Street
Boston,
Massachusetts
|
-$63.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$47.4M |
| 4 |
JP Morgan Chase
New York
|
-$44.9M |
| 5 |
LCG
Luxor Capital Group
New York
|
-$43.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
V
226
Veritable
Wilmington,
Delaware
| – | -$597K | -14,410 | Closed |
|
227
SG Americas Securities
New York
| – | -$456K | -11,001 | Closed |
|
|
CAM
228
Capstone Asset Management
Houston,
Texas
| – | -$419K | -10,111 | Closed |
|
|
FCBT
229
First Citizens Bank & Trust
Raleigh,
North Carolina
| – | -$345K | -8,324 | Closed |
|
|
WAM
230
World Asset Management
Detroit,
Michigan
| – | -$266K | -6,430 | Closed |
|
|
CB
231
Commerce Bank
Kansas City,
Missouri
| – | -$250K | -6,029 | Closed |
|
|
AA
232
ALPS Advisors
Denver,
Colorado
| – | -$223K | -5,372 | Closed |
|
|
PP
233
PDT Partners
New York
| – | -$215K | -5,187 | Closed |
|
|
FMA
234
FNY Managed Accounts
New York
| – | -$174K | -4,206 | Closed |
|
|
RNS
235
Robert N. Shapiro
| – | -$33K | -791 | Closed |
|
|
PFPT
236
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
| – | -$5K | -114 | Closed |
|
|
PTC
237
Private Trust Company
Cleveland,
Ohio
| – | -$2K | -41 | Closed |
|
MSGS Hedge Fund Activity: Q4 2013 in Review
209 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Madison Square Garden (MSGS) for Q4 2013, worth a combined $3.32B — down 3.6% from $3.45B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new MSGS positions and 28 closed out — a net gain of 14 holders — while 70 added to existing stakes and 72 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $52.8M. The largest seller was Deutsche Bank, cutting an estimated $96.7M.
- 209 institutional investors held Madison Square Garden (MSGS) as of Q4 2013, up from 196 in Q3 2013.
- Funds reported $3.32B of Madison Square Garden stock for Q4 2013, down 3.6% quarter-over-quarter.
- 42 funds opened new Madison Square Garden positions in Q4 2013 and 28 closed out, a net change of +14 holders.
- The largest Madison Square Garden buyer in Q4 2013 was Fidelity Investments, an estimated $52.8M added.
- The largest Madison Square Garden seller in Q4 2013 was Deutsche Bank, an estimated $96.7M sold.
Based on aggregated 13F filings for Q4 2013.