Sphere Entertainment
SPHR
246 hedge funds and large institutions have $1.34B invested in Sphere Entertainment in 2021 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 89 increasing their positions, 58 reducing their positions, and 39 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 58
44% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 39
7% more funds holding
Funds holding: 230 → 246 (+16)
1.03% less ownership
Funds ownership: 84.52% → 83.5% (-1%)
23% less capital invested
Capital invested by funds: $1.74B → $1.34B (-$402M)
44% less call options, than puts
Call options by funds: $17.6M | Put options by funds: $31.5M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$53.9M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
+$47M |
| 3 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$20M |
| 4 |
MPMG
Minneapolis Portfolio Management Group
Wayzata,
Minnesota
|
+$17.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
-$71.1M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$61.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.6M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$19.3M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$17.3M |
SPHR Hedge Fund Activity: Q1 2021 in Review
246 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Sphere Entertainment (SPHR) for Q1 2021, worth a combined $1.34B — down 23% from $1.74B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new SPHR positions and 39 closed out — a net gain of 17 holders — while 89 added to existing stakes and 58 trimmed.
The largest buyer was Invesco, adding an estimated $53.9M. The largest seller was Marshall Wace Asia, cutting an estimated $71.1M.
- 246 institutional investors held Sphere Entertainment (SPHR) as of Q1 2021, up from 230 in Q4 2020.
- Funds reported $1.34B of Sphere Entertainment stock for Q1 2021, down 23% quarter-over-quarter.
- 56 funds opened new Sphere Entertainment positions in Q1 2021 and 39 closed out, a net change of +17 holders.
- The largest Sphere Entertainment buyer in Q1 2021 was Invesco, an estimated $53.9M added.
- The largest Sphere Entertainment seller in Q1 2021 was Marshall Wace Asia, an estimated $71.1M sold.
Based on aggregated 13F filings for Q1 2021.