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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
QOP
101
Quinn Opportunity Partners
Virginia
$3.37M -$333K -2,159 -9%
Royal Bank of Canada
102
Royal Bank of Canada
Ontario, Canada
$3.22M +$5.25K +34 +0.2%
CCM
103
Corsair Capital Management
New York
$3.2M -$44.2K -286 -1%
Canada Pension Plan Investment Board
104
Canada Pension Plan Investment Board
Ontario, Canada
$2.86M -$325K -2,103 -10%
Invesco
105
Invesco
Georgia
$2.81M +$113K +733 +4%
ECM
106
EagleClaw Capital Management
Massachusetts
$2.79M
Cerity Partners
107
Cerity Partners
New York
$2.69M +$213K +1,380 +8%
AllianceBernstein
108
AllianceBernstein
Tennessee
$2.52M -$21.6K -140 -0.8%
SIC
109
Schwartz Investment Counsel
Michigan
$2.42M +$2.49M +16,123 New
NAM
110
Nissay Asset Management
Japan
$2.39M +$2.46M +15,916 New
HSBC Holdings
111
HSBC Holdings
United Kingdom
$2.23M -$2.27M -14,694 -50%
Legal & General Group
112
Legal & General Group
United Kingdom
$2.22M +$485K +3,143 +27%
SCM
113
Stevens Capital Management
Pennsylvania
$2.14M +$1.44M +9,308 +190%
SEI Investments
114
SEI Investments
Pennsylvania
$2.1M -$2.04M -13,218 -49%
NEI
115
Northwest & Ethical Investments
Ontario, Canada
$2.08M -$184K -1,192 -8%
ECM
116
Elgethun Capital Management
South Dakota
$2.07M -$34.1K -221 -2%
SMC
117
S. Muoio & Co
New York
$1.93M -$108K -701 -5%
SSA
118
Schonfeld Strategic Advisors
New York
$1.83M +$244K +1,579 +15%
Ohio Public Employees Retirement System (OPERS)
119
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.74M +$25.6K +166 +1%
RJA
120
Raymond James & Associates
Florida
$1.72M -$18.2K -118 -1%
CG
121
Clinton Group
New York
$1.68M +$1.04M +6,719 +150%
T. Rowe Price Associates
122
T. Rowe Price Associates
Maryland
$1.6M
LAIC
123
Lederer & Associates Investment Counsel
California
$1.59M +$1.63M +10,567 New
TC
124
Telemus Capital
Michigan
$1.5M +$23.8K +154 +2%
Wolverine Trading
125
Wolverine Trading
Illinois
$1.49M +$894K +5,789 +141%

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.