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Madison Square Garden

256 hedge funds and large institutions have $3.5B invested in Madison Square Garden in 2017 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 85 increasing their positions, 96 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% less capital invested

Capital invested by funds: $3.68B → $3.5B (-$177M)

2% less funds holding

Funds holding: 260256 (-4)

3.79% less ownership

Funds ownership: 126.82%123.03% (-3.8%)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

11% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 37

11% less repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 96

55% less call options, than puts

Call options by funds: $20.3M | Put options by funds: $44.6M

Holders
256
Holders Change
-4
Holders Change %
-1.54%
% of All Funds
5.81%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.25%
New
33
Increased
85
Reduced
96
Closed
37
Calls
$20.3M
Puts
$44.6M
Net Calls
-$24.3M
Net Calls Change
+$15.9M
Name Holding Trade Value Shares
Change
Change in
Stake
HK
51
Horizon Kinetics
New York
$14.9M -$1.13M -7,328 -7%
TCIM
52
TIAA CREF Investment Management
New York
$14.4M -$256K -1,657 -2%
TEC
53
Tiger Eye Capital
Tennessee
$14.4M -$10.5M -68,281 -42%
Bank of New York Mellon
54
Bank of New York Mellon
New York
$13.8M -$102K -663 -0.7%
WCA
55
Waratah Capital Advisors
Ontario, Canada
$13.3M +$1.17M +7,610 +9%
Bank of America
56
Bank of America
North Carolina
$12.7M -$3.13M -20,246 -19%
1832 Asset Management
57
1832 Asset Management
Ontario, Canada
$12.3M -$6.67M -43,194 -35%
JP Morgan Chase
58
JP Morgan Chase
New York
$12.1M +$2.66M +17,246 +27%
Goldman Sachs
59
Goldman Sachs
New York
$10.8M -$20.7M -134,232 -65%
MC
60
Maplelane Capital
New York
$10.5M +$9.68M +62,669 +843%
MI
61
Markston International
New York
$10.5M -$132K -858 -1%
California Public Employees Retirement System
62
California Public Employees Retirement System
California
$9.52M +$260K +1,683 +3%
Wells Fargo
63
Wells Fargo
California
$9.06M +$5.28M +34,203 +131%
New York State Common Retirement Fund
64
New York State Common Retirement Fund
New York
$8.78M
KHCM
65
Kettle Hill Capital Management
New York
$8.15M +$2.89M +18,722 +53%
CI
66
Cowen Inc
New York
$8M +$6.94M +44,957 +545%
MC
67
Maverick Capital
Texas
$7.88M +$2.92M +18,885 +56%
LI
68
Lafayette Investments
Maryland
$7.69M +$35K +227 +0.4%
IG
69
ING Group
Netherlands
$7.18M
ERSOT
70
Employees Retirement System of Texas
Texas
$7.17M
First Trust Advisors
71
First Trust Advisors
Illinois
$7.01M +$3.24M +21,016 +82%
Ameriprise
72
Ameriprise
Minnesota
$6.85M -$5.43M -35,199 -44%
Swiss National Bank
73
Swiss National Bank
Switzerland
$6.84M +$86.6K +561 +1%
KAM
74
Kavi Asset Management
New York
$6.64M -$1.23M -7,991 -15%
California State Teachers Retirement System (CalSTRS)
75
California State Teachers Retirement System (CalSTRS)
California
$6.49M +$28.6K +185 +0.4%

MSGS Hedge Fund Activity: Q4 2017 in Review

256 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Madison Square Garden (MSGS) for Q4 2017, worth a combined $3.5B — down 4.8% from $3.68B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of MSGS and 33 opened new positions — a net loss of 4 holders — while 96 trimmed existing stakes and 85 added.

The largest buyer was Silver Lake Group, opening a new position worth an estimated $197M. The largest seller was Lazard Asset Management, cutting an estimated $219M.

  • 256 institutional investors held Madison Square Garden (MSGS) as of Q4 2017, down from 260 in Q3 2017.
  • Funds reported $3.5B of Madison Square Garden stock for Q4 2017, down 4.8% quarter-over-quarter.
  • 33 funds opened new Madison Square Garden positions in Q4 2017 and 37 closed out, a net change of -4 holders.
  • The largest Madison Square Garden buyer in Q4 2017 was Silver Lake Group, an estimated $197M added.
  • The largest Madison Square Garden seller in Q4 2017 was Lazard Asset Management, an estimated $219M sold.

Based on aggregated 13F filings for Q4 2017.