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Madison Square Garden

264 hedge funds and large institutions have $2.5B invested in Madison Square Garden in 2020 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 34 increasing their positions, 189 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% less call options, than puts

Call options by funds: $62.3M | Put options by funds: $69.1M

6% less funds holding

Funds holding: 280264 (-16)

27% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 56

33% less capital invested

Capital invested by funds: $3.71B → $2.5B (-$1.21B)

39% less ownership

Funds ownership: 126.45%87.46% (-39%)

60% less funds holding in top 10

Funds holding in top 10: 156 (-9)

82% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 189

Holders
264
Holders Change
-16
Holders Change %
-5.71%
% of All Funds
5.41%
Holding in Top 10
6
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-60%
% of All Funds
0.12%
New
41
Increased
34
Reduced
189
Closed
56
Calls
$62.3M
Puts
$69.1M
Net Calls
-$6.83M
Net Calls Change
+$21.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
51
Bank of America
North Carolina
$6.93M -$2.85M -17,260 -27%
HKAM
52
Horizon Kinetics Asset Management
New York
$6.81M -$4.24M -25,643 -36%
Balyasny Asset Management
53
Balyasny Asset Management
Illinois
$6.62M -$25.7M -155,657 -78%
PPA
54
Parametric Portfolio Associates
Washington
$6.43M -$8.99M -54,453 -55%
Morgan Stanley
55
Morgan Stanley
New York
$6.4M -$2.53M -15,314 -26%
CCM
56
Channing Capital Management
Illinois
$6.09M -$1.22M -7,407 -15%
MI
57
Markston International
New York
$6.06M -$2.9M -17,542 -30%
California Public Employees Retirement System
58
California Public Employees Retirement System
California
$5.66M -$2.57M -15,579 -29%
Loomis, Sayles & Company
59
Loomis, Sayles & Company
Massachusetts
$5.33M -$1.12M -6,761 -16%
Manulife (Manufacturers Life Insurance)
60
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5.15M -$2.67M -16,141 -32%
Swiss National Bank
61
Swiss National Bank
Switzerland
$5.12M -$1.2M -7,273 -17%
PGIM
62
Pacific Global Investment Management
California
$5.06M -$2.73M -16,520 -32%
Legal & General Group
63
Legal & General Group
United Kingdom
$5.06M -$2.11M -12,786 -27%
Los Angeles Capital Management
64
Los Angeles Capital Management
California
$4.75M +$5.35M +32,371 New
LCP
65
LGT Capital Partners
Switzerland
$4.7M +$2.6M +15,737 +97%
California State Teachers Retirement System (CalSTRS)
66
California State Teachers Retirement System (CalSTRS)
California
$4.63M -$2.04M -12,372 -28%
New York State Common Retirement Fund
67
New York State Common Retirement Fund
New York
$4.56M -$2.66M -16,120 -34%
EGM
68
Engineers Gate Manager
New York
$4.51M +$4.09M +24,747 +416%
LI
69
Lafayette Investments
Maryland
$4.22M -$1.89M -11,435 -28%
Qube Research & Technologies (QRT)
70
Qube Research & Technologies (QRT)
United Kingdom
$4.18M +$4.21M +25,460 +852%
BC
71
Brookfield Corp
Ontario, Canada
$4.11M +$4.63M +28,000 New
State Board of Administration of Florida Retirement System
72
State Board of Administration of Florida Retirement System
Florida
$4.07M -$1.52M -9,184 -25%
ICM
73
Intrepid Capital Management
Florida
$3.83M -$1.26M -7,607 -23%
Stifel Financial
74
Stifel Financial
Missouri
$3.81M -$1.58M -9,542 -27%
SFM
75
Systematic Financial Management
New Jersey
$3.77M +$4.24M +25,650 New

MSGS Hedge Fund Activity: Q2 2020 in Review

264 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Madison Square Garden (MSGS) for Q2 2020, worth a combined $2.5B — down 33% from $3.71B a quarter earlier.

Sellers outnumbered buyers: 56 funds closed out of MSGS and 41 opened new positions — a net loss of 15 holders — while 189 trimmed existing stakes and 34 added.

The largest buyer was D1 Capital Partners, opening a new position worth an estimated $80.8M. The largest seller was Silver Lake Group, cutting an estimated $126M.

  • 264 institutional investors held Madison Square Garden (MSGS) as of Q2 2020, down from 280 in Q1 2020.
  • Funds reported $2.5B of Madison Square Garden stock for Q2 2020, down 33% quarter-over-quarter.
  • 41 funds opened new Madison Square Garden positions in Q2 2020 and 56 closed out, a net change of -15 holders.
  • The largest Madison Square Garden buyer in Q2 2020 was D1 Capital Partners, an estimated $80.8M added.
  • The largest Madison Square Garden seller in Q2 2020 was Silver Lake Group, an estimated $126M sold.

Based on aggregated 13F filings for Q2 2020.