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Madison Square Garden

170 hedge funds and large institutions have $3.92B invested in Madison Square Garden in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 55 increasing their positions, 73 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,030% more call options, than puts

Call options by funds: $104M | Put options by funds: $9.19M

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

3% more capital invested

Capital invested by funds: $3.82B → $3.92B (+$101M)

6% less funds holding

Funds holding: 180170 (-10)

25% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 73

42% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 24

Holders
170
Holders Change
-10
Holders Change %
-5.56%
% of All Funds
4.93%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.2%
New
14
Increased
55
Reduced
73
Closed
24
Calls
$104M
Puts
$9.19M
Net Calls
+$94.7M
Net Calls Change
-$436K
Name Holding Trade Value Shares
Change
Change in
Stake
O
26
OppenheimerFunds
New York
$30M +$4.94M +109,662 +21%
Renaissance Technologies
27
Renaissance Technologies
New York
$27.5M +$6.95M +154,220 +36%
HK
28
Horizon Kinetics
New York
$27.1M +$3.4M +75,329 +15%
TAM
29
Third Avenue Management
New York
$26.9M -$8.03M -178,171 -24%
Susquehanna International Group
30
Susquehanna International Group
Pennsylvania
$26.9M +$10.2M +225,766 +66%
PNC Financial Services Group
31
PNC Financial Services Group
Pennsylvania
$23.9M +$724K +16,051 +3%
Geode Capital Management
32
Geode Capital Management
Massachusetts
$22.2M +$158K +3,512 +0.8%
Barclays
33
Barclays
United Kingdom
$20.4M +$15.1M +334,636 +341%
OCAM
34
Onex Canada Asset Management
Ontario, Canada
$18M +$17.2M +381,779 New
Northern Trust
35
Northern Trust
Illinois
$17.2M -$2.06M -45,648 -11%
PG
36
PEAK6 Group
Illinois
$16.8M +$3.34M +74,013 +26%
TA
37
Teachers Advisors
New York
$16.4M -$84.7K -1,878 -0.5%
RFC
38
Russell Frank Company
Washington
$14.7M +$3.69M +81,775 +36%
Bank of New York Mellon
39
Bank of New York Mellon
New York
$14.6M -$93K -2,064 -0.7%
SCM
40
Sandler Capital Management
New York
$14.5M -$2.39M -53,083 -15%
Two Sigma Advisers
41
Two Sigma Advisers
New York
$13.8M -$6.4M -142,022 -33%
MI
42
Markston International
New York
$12.6M -$525K -11,636 -4%
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$11.6M +$12.6K +280 +0.1%
TCIM
44
TIAA CREF Investment Management
New York
$11M -$188K -4,164 -2%
BA
45
BlackRock Advisors
Delaware
$10.6M -$24.5K -543 -0.2%
ST
46
Spot Trading
Illinois
$9.48M +$3.15M +69,917 +53%
RRAM
47
River Road Asset Management
Kentucky
$9.36M -$1.05M -23,326 -11%
D.E. Shaw & Co
48
D.E. Shaw & Co
New York
$9.18M +$7.26M +160,978 +480%
CLM
49
ClearBridge LLC (Maryland)
Maryland
$8.69M -$3.13M -69,441 -27%
U
50
UBS
Switzerland
$8.21M +$7.79M +172,731 +12,958%

MSGS Hedge Fund Activity: Q3 2014 in Review

170 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Madison Square Garden (MSGS) for Q3 2014, worth a combined $3.92B — up 2.7% from $3.82B a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of MSGS and 14 opened new positions — a net loss of 10 holders — while 73 trimmed existing stakes and 55 added.

The largest buyer was Mason Capital Management, opening a new position worth an estimated $327M. The largest seller was Morgan Stanley, cutting an estimated $178M.

  • 170 institutional investors held Madison Square Garden (MSGS) as of Q3 2014, down from 180 in Q2 2014.
  • Funds reported $3.92B of Madison Square Garden stock for Q3 2014, up 2.7% quarter-over-quarter.
  • 14 funds opened new Madison Square Garden positions in Q3 2014 and 24 closed out, a net change of -10 holders.
  • The largest Madison Square Garden buyer in Q3 2014 was Mason Capital Management, an estimated $327M added.
  • The largest Madison Square Garden seller in Q3 2014 was Morgan Stanley, an estimated $178M sold.

Based on aggregated 13F filings for Q3 2014.