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Madison Square Garden

209 hedge funds and large institutions have $3.32B invested in Madison Square Garden in 2013 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 70 increasing their positions, 72 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 28

7% more funds holding

Funds holding: 196209 (+13)

3% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 72

4% less capital invested

Capital invested by funds: $3.45B → $3.32B (-$125M)

12% less call options, than puts

Call options by funds: $1.43M | Put options by funds: $1.63M

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
209
Holders Change
+13
Holders Change %
+6.63%
% of All Funds
6.07%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.09%
New
42
Increased
70
Reduced
72
Closed
28
Calls
$1.43M
Puts
$1.63M
Net Calls
-$204K
Net Calls Change
+$5.87M
Name Holding Trade Value Shares
Change
Change in
Stake
LCG
1
Luxor Capital Group
New York
$288M -$43.4M -1,065,505 -13%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$268M -$47.4M -1,163,141 -15%
Vanguard Group
3
Vanguard Group
Pennsylvania
$204M +$5.29M +129,930 +3%
ClearBridge Investments
4
ClearBridge Investments
New York
$184M +$25.6M +627,606 +16%
GI
5
GAMCO Investors
Connecticut
$167M -$1.59M -39,164 -1%
JCMLC
6
JAT Capital Management LP (Connecticut)
Connecticut
$149M +$16.1M +396,516 +12%
Morgan Stanley
7
Morgan Stanley
New York
$125M +$35.8M +879,939 +40%
BIT
8
BlackRock Institutional Trust
California
$96.4M +$2.29M +56,204 +2%
Deutsche Bank
9
Deutsche Bank
Germany
$92.4M -$96.7M -2,374,713 -51%
AI
10
Ariel Investments
Illinois
$90.6M +$198K +4,875 +0.2%
GF
11
Gabelli Funds
New York
$87.2M -$114K -2,804 -0.1%
BAMCO Inc
12
BAMCO Inc
New York
$77.7M
D.E. Shaw & Co
13
D.E. Shaw & Co
New York
$75.8M +$24.4M +599,217 +48%
VM
14
Valinor Management
New York
$68.9M +$15M +368,826 +28%
State Street
15
State Street
Massachusetts
$64.7M -$63.1M -1,549,212 -50%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$60M +$52.8M +1,296,606 +794%
Renaissance Technologies
17
Renaissance Technologies
New York
$57.7M -$6.96M -171,044 -11%
CRM
18
Cramer Rosenthal McGlynn
Connecticut
$50.4M -$11.1M -273,060 -18%
SCA
19
SAC Capital Advisors
Connecticut
$45.8M +$35.8M +880,441 +374%
BAM
20
Burgundy Asset Management
Ontario, Canada
$41.1M -$693K -17,022 -2%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$35.6M -$9.11M -223,668 -20%
VOYA Investment Management
22
VOYA Investment Management
Georgia
$35.3M +$4.64M +113,895 +15%
PA
23
Pinnacle Associates
New York
$31.8M +$11.5M +282,517 +58%
Westfield Capital Management
24
Westfield Capital Management
Massachusetts
$30.7M +$3.03M +74,334 +11%
KAM
25
Keeley Asset Management
Illinois
$30.4M -$6.34M -155,636 -17%

MSGS Hedge Fund Activity: Q4 2013 in Review

209 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Madison Square Garden (MSGS) for Q4 2013, worth a combined $3.32B — down 3.6% from $3.45B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new MSGS positions and 28 closed out — a net gain of 14 holders — while 70 added to existing stakes and 72 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $52.8M. The largest seller was Deutsche Bank, cutting an estimated $96.7M.

  • 209 institutional investors held Madison Square Garden (MSGS) as of Q4 2013, up from 196 in Q3 2013.
  • Funds reported $3.32B of Madison Square Garden stock for Q4 2013, down 3.6% quarter-over-quarter.
  • 42 funds opened new Madison Square Garden positions in Q4 2013 and 28 closed out, a net change of +14 holders.
  • The largest Madison Square Garden buyer in Q4 2013 was Fidelity Investments, an estimated $52.8M added.
  • The largest Madison Square Garden seller in Q4 2013 was Deutsche Bank, an estimated $96.7M sold.

Based on aggregated 13F filings for Q4 2013.