Madison Square Garden
MSGS
214 hedge funds and large institutions have $2.92B invested in Madison Square Garden in 2016 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 57 increasing their positions, 91 reducing their positions, and 22 closing their positions.
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
0.5% less ownership
Funds ownership: 124.59% → 124.1% (-0.5%)
1% less funds holding
Funds holding: 216 → 214 (-2)
5% less capital invested
Capital invested by funds: $3.05B → $2.92B (-$138M)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
37% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 91
81% less call options, than puts
Call options by funds: $4.67M | Put options by funds: $24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$23.9M |
| 2 |
GCM
Gruss Capital Management
New York
|
+$19.5M |
| 3 |
First Eagle Investment Management
New York
|
+$17.7M |
| 4 |
Millennium Management
New York
|
+$12.4M |
| 5 |
LPC
Long Pond Capital
New York
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
-$40.5M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$11.1M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$8.6M |
| 4 |
Renaissance Technologies
New York
|
-$7.86M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$7.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
226
Meeder Asset Management
Dublin,
Ohio
| – | -$260K | -2,107 | Closed |
|
|
SAM
227
Symphony Asset Management
San Francisco,
California
| – | -$242K | -1,968 | Closed |
|
|
BCM
228
BlueCrest Capital Management
St Helier,
Jersey
| – | -$221K | -1,793 | Closed |
|
229
HSBC Holdings
London,
United Kingdom
| – | -$210K | -1,706 | Closed |
|
|
PHK
230
Point72 Hong Kong
Hong Kong
| – | -$104K | -841 | Closed |
|
|
CCA
231
Checchi Capital Advisers
Beverly Hills,
California
| – | -$50K | -407 | Closed |
|
232
First Manhattan
New York
| – | -$43K | -351 | Closed |
|
|
CG
233
Cutler Group
San Francisco,
California
| – | -$25K | -203 | Closed |
|
|
TRCT
234
Tower Research Capital (TRC)
New York
| – | -$17K | -140 | Closed |
|
|
PAM
235
Paradigm Asset Management
New York
| – | -$173 | -1 | Closed |
|
MSGS Hedge Fund Activity: Q3 2016 in Review
214 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Madison Square Garden (MSGS) for Q3 2016, worth a combined $2.92B — down 4.5% from $3.05B a quarter earlier.
Fund positioning in MSGS was balanced in Q3 2016: 22 funds opened new positions, 22 closed out, 57 added to existing stakes and 91 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $23.9M. The largest seller was Jericho Capital Asset Management, cutting an estimated $40.5M.
- 214 institutional investors held Madison Square Garden (MSGS) as of Q3 2016, down from 216 in Q2 2016.
- Funds reported $2.92B of Madison Square Garden stock for Q3 2016, down 4.5% quarter-over-quarter.
- 22 funds opened new Madison Square Garden positions in Q3 2016 and 22 closed out, a net change of 0 holders.
- The largest Madison Square Garden buyer in Q3 2016 was Lazard Asset Management, an estimated $23.9M added.
- The largest Madison Square Garden seller in Q3 2016 was Jericho Capital Asset Management, an estimated $40.5M sold.
Based on aggregated 13F filings for Q3 2016.