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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
SLG
1
Silver Lake Group
California
$402M
Vanguard Group
2
Vanguard Group
Pennsylvania
$354M +$15.4M +79,328 +3%
BlackRock
3
BlackRock
New York
$237M +$6.17M +31,838 +2%
ClearBridge Investments
4
ClearBridge Investments
New York
$195M -$250K -1,290 -0.1%
LCG
5
Luxor Capital Group
New York
$167M +$214M +1,105,673 New
LPC
6
Long Pond Capital
New York
$165M +$3.98M +20,523 +2%
MWA
7
Marshall Wace Asia
Hong Kong
$165M +$86.5M +445,999 +69%
BHG
8
Blue Harbour Group
Connecticut
$161M -$14.2M -73,269 -6%
GI
9
GAMCO Investors
Connecticut
$144M -$7.9M -40,732 -4%
GF
10
Gabelli Funds
New York
$92.1M -$15.1M -77,741 -11%
Deutsche Bank
11
Deutsche Bank
Germany
$64.6M +$77.3M +398,674 +1,329%
KKRC
12
Kohlberg Kravis Roberts & Co
New York
$64.5M
Nomura Holdings
13
Nomura Holdings
Japan
$62.5M +$54.3K +280 +0.1%
CM
14
Corvex Management
New York
$58.4M -$34.5M -177,794 -31%
Goldman Sachs
15
Goldman Sachs
New York
$57.3M -$19.8M -102,360 -21%
State Street
16
State Street
Massachusetts
$52.5M +$702K +3,621 +1%
SC
17
Sculptor Capital
New York
$50.1M +$64.4M +332,282 New
Westfield Capital Management
18
Westfield Capital Management
Massachusetts
$48.5M +$4.43M +22,865 +8%
BAMCO Inc
19
BAMCO Inc
New York
$47.6M -$59.7K -308 -0.1%
AI
20
Ariel Investments
Illinois
$42.3M +$4.89M +25,207 +10%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$41M +$935K +4,824 +2%
LCM
22
Laurion Capital Management
New York
$40.8M +$19.6M +101,040 +60%
Norges Bank
23
Norges Bank
Norway
$40.3M -$6.32M -32,618 -11%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$39.6M -$391K -2,018 -0.8%
Capital Research Global Investors
25
Capital Research Global Investors
California
$39.3M +$50.5M +260,681 New

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.