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Madison Square Garden

260 hedge funds and large institutions have $3.68B invested in Madison Square Garden in 2017 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 92 increasing their positions, 75 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

112% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 17

50% more funds holding in top 10

Funds holding in top 10: 812 (+4)

23% more repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 75

9% more capital invested

Capital invested by funds: $3.36B → $3.68B (+$316M)

7% more funds holding

Funds holding: 243260 (+17)

0.8% more ownership

Funds ownership: 126.02%126.82% (+0.8%)

81% less call options, than puts

Call options by funds: $9.36M | Put options by funds: $49.6M

Holders
260
Holders Change
+17
Holders Change %
+7%
% of All Funds
6.48%
Holding in Top 10
12
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+50%
% of All Funds
0.3%
New
36
Increased
92
Reduced
75
Closed
17
Calls
$9.36M
Puts
$49.6M
Net Calls
-$40.3M
Net Calls Change
-$10.3M
Name Holding Trade Value Shares
Change
Change in
Stake
ClearBridge Investments
1
ClearBridge Investments
New York
$298M -$749K -4,950 -0.3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$290M -$1.31M -8,636 -0.5%
Lazard Asset Management
3
Lazard Asset Management
New York
$278M +$2.6M +17,169 +1%
GI
4
GAMCO Investors
Connecticut
$190M -$2.27M -15,018 -1%
BlackRock
5
BlackRock
New York
$165M +$797K +5,272 +0.5%
GF
6
Gabelli Funds
New York
$115M -$63.5K -420 -0.1%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$97.4M -$4.66M -30,810 -5%
TSW
8
Thompson Siegel & Walmsley
Virginia
$85M -$17.5M -115,731 -17%
OCAM
9
Onex Canada Asset Management
Ontario, Canada
$84.1M -$946K -6,254 -1%
Janus Henderson Group
10
Janus Henderson Group
United Kingdom
$81.6M -$597K -3,948 -0.7%
AI
11
Ariel Investments
Illinois
$80.9M -$4.43M -29,282 -5%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$79M +$1.72M +11,373 +2%
Millennium Management
13
Millennium Management
New York
$77.6M -$264K -1,744 -0.3%
GCM
14
Gruss Capital Management
New York
$74.8M +$25.3M +167,079 +52%
Renaissance Technologies
15
Renaissance Technologies
New York
$72M +$23.1M +152,397 +48%
LPC
16
Long Pond Capital
New York
$67.5M -$33.4M -220,799 -33%
SAM
17
Scopus Asset Management
New York
$58.8M +$4.91M +32,453 +9%
Norges Bank
18
Norges Bank
Norway
$56.7M
BAMCO Inc
19
BAMCO Inc
New York
$53.5M
State Street
20
State Street
Massachusetts
$50M -$2.71M -17,936 -5%
Balyasny Asset Management
21
Balyasny Asset Management
Illinois
$44.6M +$29.3M +193,646 +197%
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$43.2M -$6.62M -43,795 -13%
Russell Investments Group
23
Russell Investments Group
United Kingdom
$41.8M +$15.4M +101,728 +59%
O
24
OppenheimerFunds
New York
$39.8M -$10.7M -70,704 -21%
First Eagle Investment Management
25
First Eagle Investment Management
New York
$39.2M -$156M -1,033,090 -80%

MSGS Hedge Fund Activity: Q3 2017 in Review

260 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Madison Square Garden (MSGS) for Q3 2017, worth a combined $3.68B — up 9.4% from $3.36B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new MSGS positions and 17 closed out — a net gain of 19 holders — while 92 added to existing stakes and 75 trimmed.

The largest buyer was Brenner West Capital Advisors, opening a new position worth an estimated $31.4M. The largest seller was First Eagle Investment Management, cutting an estimated $156M.

  • 260 institutional investors held Madison Square Garden (MSGS) as of Q3 2017, up from 243 in Q2 2017.
  • Funds reported $3.68B of Madison Square Garden stock for Q3 2017, up 9.4% quarter-over-quarter.
  • 36 funds opened new Madison Square Garden positions in Q3 2017 and 17 closed out, a net change of +19 holders.
  • The largest Madison Square Garden buyer in Q3 2017 was Brenner West Capital Advisors, an estimated $31.4M added.
  • The largest Madison Square Garden seller in Q3 2017 was First Eagle Investment Management, an estimated $156M sold.

Based on aggregated 13F filings for Q3 2017.