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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
OA
126
Oxbow Advisors
Texas
$1.35M +$227K +1,173 +15%
Victory Capital Management
127
Victory Capital Management
Texas
$1.32M +$803K +4,139 +90%
WCMNY
128
Westchester Capital Management (New York)
New York
$1.31M -$47.6M -245,350 -97%
AQR Capital Management
129
AQR Capital Management
Connecticut
$1.3M -$16.9M -86,934 -91%
First Trust Advisors
130
First Trust Advisors
Illinois
$1.18M +$1.52M +7,818 New
Federated Hermes
131
Federated Hermes
Pennsylvania
$1.16M -$604K -3,116 -29%
Squarepoint
132
Squarepoint
New York
$1.16M +$430K +2,220 +41%
PNC Financial Services Group
133
PNC Financial Services Group
Pennsylvania
$1.13M -$186K -961 -11%
Nisa Investment Advisors
134
Nisa Investment Advisors
Missouri
$1.11M +$299K +1,543 +27%
Brown Advisory
135
Brown Advisory
Maryland
$1.11M
MCM
136
Melvin Capital Management
New York
$1.09M +$1.4M +7,234 New
VRS
137
Virginia Retirement Systems
Virginia
$1.08M +$1.39M +7,150 New
CCM
138
Corsair Capital Management
New York
$1.07M -$73.7K -380 -5%
SMC
139
S. Muoio & Co
New York
$1.06M -$259K -1,336 -16%
EGM
140
Engineers Gate Manager
New York
$896K +$472K +2,436 +69%
IFWM
141
Institute for Wealth Management
Colorado
$891K +$133K +687 +13%
AB
142
Amalgamated Bank
New York
$872K -$9.5K -49 -0.8%
FPA
143
First Pacific Advisors
California
$851K
Comerica Bank
144
Comerica Bank
Texas
$814K +$98.3K +507 +8%
SCP
145
Seizert Capital Partners
Michigan
$788K +$155K +801 +18%
OCM
146
Oribel Capital Management
New York
$783K +$1.01M +5,187 New
VOYA Investment Management
147
VOYA Investment Management
Georgia
$774K +$20K +103 +2%
ASRS
148
Arizona State Retirement System
Arizona
$768K +$988K +5,096 New
Point72 Asset Management
149
Point72 Asset Management
Connecticut
$761K -$35.2M -181,408 -97%
URS
150
Utah Retirement Systems
Utah
$745K

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.