Sphere Entertainment
SPHR
210 hedge funds and large institutions have $1.15B invested in Sphere Entertainment in 2024 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 74 increasing their positions, 51 reducing their positions, and 38 closing their positions.
92% more call options, than puts
Call options by funds: $94.4M | Put options by funds: $49.2M
45% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 51
4.48% more ownership
Funds ownership: 110.54% → 115.03% (+4.5%)
8% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 38
1% more funds holding
Funds holding: 208 → 210 (+2)
25% less capital invested
Capital invested by funds: $1.53B → $1.15B (-$386M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$42.8M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$18.3M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
+$16.3M |
| 4 |
Walleye Capital
New York
|
+$14M |
| 5 |
Millennium Management
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$51M |
| 2 |
MGCM
Mane Global Capital Management
New York
|
-$19.9M |
| 3 |
BCM
Bornite Capital Management
New York
|
-$9.82M |
| 4 |
DFO
Duquesne Family Office
New York
|
-$8.34M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.56M |
SPHR Hedge Fund Activity: Q2 2024 in Review
210 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Sphere Entertainment (SPHR) for Q2 2024, worth a combined $1.15B — down 25% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SPHR positions and 38 closed out — a net gain of 3 holders — while 74 added to existing stakes and 51 trimmed.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $42.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $51M.
- 210 institutional investors held Sphere Entertainment (SPHR) as of Q2 2024, up from 208 in Q1 2024.
- Funds reported $1.15B of Sphere Entertainment stock for Q2 2024, down 25% quarter-over-quarter.
- 41 funds opened new Sphere Entertainment positions in Q2 2024 and 38 closed out, a net change of +3 holders.
- The largest Sphere Entertainment buyer in Q2 2024 was Point72 Asset Management, an estimated $42.8M added.
- The largest Sphere Entertainment seller in Q2 2024 was T. Rowe Price Associates, an estimated $51M sold.
Based on aggregated 13F filings for Q2 2024.