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Madison Square Garden

280 hedge funds and large institutions have $3.71B invested in Madison Square Garden in 2020 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 96 increasing their positions, 81 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 81

2.76% more ownership

Funds ownership: 123.7%126.45% (+2.8%)

7% less funds holding

Funds holding: 302280 (-22)

21% less funds holding in top 10

Funds holding in top 10: 1915 (-4)

23% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 64

26% less call options, than puts

Call options by funds: $81.1M | Put options by funds: $109M

26% less capital invested

Capital invested by funds: $5.02B → $3.71B (-$1.31B)

Holders
280
Holders Change
-22
Holders Change %
-7.28%
% of All Funds
6.17%
Holding in Top 10
15
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-21.05%
% of All Funds
0.33%
New
49
Increased
96
Reduced
81
Closed
64
Calls
$81.1M
Puts
$109M
Net Calls
-$28.3M
Net Calls Change
-$19.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
51
Morgan Stanley
New York
$8.88M -$10.7M -55,077 -48%
MI
52
Markston International
New York
$8.87M +$20.4K +105 +0.2%
Neuberger Berman Group
53
Neuberger Berman Group
New York
$8.34M -$4.15M -21,418 -28%
California Public Employees Retirement System
54
California Public Employees Retirement System
California
$8.16M -$435K -2,244 -4%
ACH
55
ArrowMark Colorado Holdings
Colorado
$7.83M +$2M +10,327 +25%
Manulife (Manufacturers Life Insurance)
56
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$7.7M +$9.9M +51,080 New
PGIM
57
Pacific Global Investment Management
California
$7.68M -$1.09M -5,615 -10%
Hudson Bay Capital Management
58
Hudson Bay Capital Management
Connecticut
$7.61M +$9.79M +50,472 New
Bank of Nova Scotia
59
Bank of Nova Scotia
Ontario, Canada
$7.59M +$5.72M +29,478 +141%
Canada Pension Plan Investment Board
60
Canada Pension Plan Investment Board
Ontario, Canada
$7.46M +$9.3M +47,948 +3,207%
CCM
61
Channing Capital Management
Illinois
$7.37M -$1.25M -6,451 -12%
TRSOTSOK
62
Teachers Retirement System of the State of Kentucky
Kentucky
$7.34M
CC
63
Carlson Capital
Texas
$7.15M +$9.2M +47,423 New
Legal & General Group
64
Legal & General Group
United Kingdom
$7.12M -$410K -2,112 -4%
New York State Common Retirement Fund
65
New York State Common Retirement Fund
New York
$7.11M -$54.5K -281 -0.6%
PI
66
Putnam Investments
Massachusetts
$6.72M -$4.46K -23 -0.1%
California State Teachers Retirement System (CalSTRS)
67
California State Teachers Retirement System (CalSTRS)
California
$6.62M +$619K +3,193 +8%
Loomis, Sayles & Company
68
Loomis, Sayles & Company
Massachusetts
$6.49M -$94.8K -489 -1%
Swiss National Bank
69
Swiss National Bank
Switzerland
$6.35M +$163K +841 +2%
Marshall Wace
70
Marshall Wace
United Kingdom
$6.26M +$8.05M +41,515 New
GF
71
Greenhouse Funds
Maryland
$6.08M -$6.21M -32,012 -44%
LI
72
Lafayette Investments
Maryland
$6.05M +$38.8K +200 +0.5%
Ameriprise
73
Ameriprise
Minnesota
$5.97M -$44.1M -227,410 -85%
NAM
74
Nissay Asset Management
Japan
$5.8M -$654K -3,371 -8%
UBS Group
75
UBS Group
Switzerland
$5.64M -$4.32M -22,268 -37%

MSGS Hedge Fund Activity: Q1 2020 in Review

280 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Madison Square Garden (MSGS) for Q1 2020, worth a combined $3.71B — down 26% from $5.02B a quarter earlier.

Sellers outnumbered buyers: 64 funds closed out of MSGS and 49 opened new positions — a net loss of 15 holders — while 81 trimmed existing stakes and 96 added.

The largest buyer was Luxor Capital Group, opening a new position worth an estimated $214M. The largest seller was Mason Capital Management, exiting entirely with an estimated $85.1M sold.

  • 280 institutional investors held Madison Square Garden (MSGS) as of Q1 2020, down from 302 in Q4 2019.
  • Funds reported $3.71B of Madison Square Garden stock for Q1 2020, down 26% quarter-over-quarter.
  • 49 funds opened new Madison Square Garden positions in Q1 2020 and 64 closed out, a net change of -15 holders.
  • The largest Madison Square Garden buyer in Q1 2020 was Luxor Capital Group, an estimated $214M added.
  • The largest Madison Square Garden seller in Q1 2020 was Mason Capital Management, an estimated $85.1M sold.

Based on aggregated 13F filings for Q1 2020.