Sphere Entertainment
SPHR
201 hedge funds and large institutions have $1.11B invested in Sphere Entertainment in 2023 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 72 increasing their positions, 54 reducing their positions, and 31 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 54
29% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 31
16.12% more ownership
Funds ownership: 100.17% → 116.29% (+16%)
8% more capital invested
Capital invested by funds: $1.03B → $1.11B (+$85.5M)
3% more funds holding
Funds holding: 195 → 201 (+6)
46% less call options, than puts
Call options by funds: $46.9M | Put options by funds: $86.2M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$36.4M |
| 2 |
JCAM
Jericho Capital Asset Management
New York
|
+$25.7M |
| 3 |
MGCM
Mane Global Capital Management
New York
|
+$24.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$19.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$27.7M |
| 2 |
LPC
Long Pond Capital
New York
|
-$17.5M |
| 3 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$11.4M |
| 4 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$11.3M |
| 5 |
CCM
Carronade Capital Management
Darien,
Connecticut
|
-$11.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$44.6K | -1,200 | Closed |
|
|
AA
227
Ancora Advisors
Cleveland,
Ohio
| – | -$25.5K | -685 | Closed |
|
228
Allspring Global Investments
Charlotte,
North Carolina
| – | -$10.1K | -272 | Closed |
|
229
EARNEST Partners
Atlanta,
Georgia
| – | -$446 | -12 | Closed |
|
|
QCG
230
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$132 | -4 | Closed |
|
231
AssetMark Inc
Concord,
California
| – | -$111 | -3 | Closed |
|
SPHR Hedge Fund Activity: Q4 2023 in Review
201 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Sphere Entertainment (SPHR) for Q4 2023, worth a combined $1.11B — up 8.3% from $1.03B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new SPHR positions and 31 closed out — a net gain of 9 holders — while 72 added to existing stakes and 54 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $36.4M. The largest seller was Luxor Capital Group, cutting an estimated $27.7M.
- 201 institutional investors held Sphere Entertainment (SPHR) as of Q4 2023, up from 195 in Q3 2023.
- Funds reported $1.11B of Sphere Entertainment stock for Q4 2023, up 8.3% quarter-over-quarter.
- 40 funds opened new Sphere Entertainment positions in Q4 2023 and 31 closed out, a net change of +9 holders.
- The largest Sphere Entertainment buyer in Q4 2023 was Morgan Stanley, an estimated $36.4M added.
- The largest Sphere Entertainment seller in Q4 2023 was Luxor Capital Group, an estimated $27.7M sold.
Based on aggregated 13F filings for Q4 2023.