Madison Square Garden
MSGS
217 hedge funds and large institutions have $2.86B invested in Madison Square Garden in 2015 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 14 increasing their positions, 122 reducing their positions, and 45 closing their positions.
80% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 45
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
24.39% more ownership
Funds ownership: 97.27% → 121.66% (+24%)
19% more funds holding
Funds holding: 182 → 217 (+35)
8% less capital invested
Capital invested by funds: $3.13B → $2.86B (-$262M)
30% less call options, than puts
Call options by funds: $659K | Put options by funds: $938K
89% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 122
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$142M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$113M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$60.6M |
| 4 |
PA
Pinnacle Associates
New York
|
+$34.3M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mason Capital Management
New York
|
-$637M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$504M |
| 3 |
ClearBridge Investments
New York
|
-$464M |
| 4 |
Lazard Asset Management
New York
|
-$377M |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$294M |
MSGS Hedge Fund Activity: Q4 2015 in Review
217 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Madison Square Garden (MSGS) for Q4 2015, worth a combined $2.86B — down 8.4% from $3.13B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new MSGS positions and 45 closed out — a net gain of 36 holders — while 14 added to existing stakes and 122 trimmed.
The largest buyer was First Eagle Investment Management, opening a new position worth an estimated $142M. The largest seller was Mason Capital Management, cutting an estimated $637M.
- 217 institutional investors held Madison Square Garden (MSGS) as of Q4 2015, up from 182 in Q3 2015.
- Funds reported $2.86B of Madison Square Garden stock for Q4 2015, down 8.4% quarter-over-quarter.
- 81 funds opened new Madison Square Garden positions in Q4 2015 and 45 closed out, a net change of +36 holders.
- The largest Madison Square Garden buyer in Q4 2015 was First Eagle Investment Management, an estimated $142M added.
- The largest Madison Square Garden seller in Q4 2015 was Mason Capital Management, an estimated $637M sold.
Based on aggregated 13F filings for Q4 2015.