Sphere Entertainment
SPHR
230 hedge funds and large institutions have $1.74B invested in Sphere Entertainment in 2020 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 71 increasing their positions, 56 reducing their positions, and 42 closing their positions.
49% more capital invested
Capital invested by funds: $1.17B → $1.74B (+$575M)
27% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 56
14% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 42
3% more funds holding
Funds holding: 224 → 230 (+6)
2.89% less ownership
Funds ownership: 87.41% → 84.52% (-2.9%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
48% less call options, than puts
Call options by funds: $16.1M | Put options by funds: $31.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$53.9M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
+$38.9M |
| 3 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$27.3M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$25.6M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLG
Silver Lake Group
Menlo Park,
California
|
-$101M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$37.1M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$23.1M |
| 4 |
LPC
Long Pond Capital
New York
|
-$17.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$7.95M |
SPHR Hedge Fund Activity: Q4 2020 in Review
230 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Sphere Entertainment (SPHR) for Q4 2020, worth a combined $1.74B — up 49% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new SPHR positions and 42 closed out — a net gain of 6 holders — while 71 added to existing stakes and 56 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $53.9M. The largest seller was Silver Lake Group, exiting entirely with an estimated $101M sold.
- 230 institutional investors held Sphere Entertainment (SPHR) as of Q4 2020, up from 224 in Q3 2020.
- Funds reported $1.74B of Sphere Entertainment stock for Q4 2020, up 49% quarter-over-quarter.
- 48 funds opened new Sphere Entertainment positions in Q4 2020 and 42 closed out, a net change of +6 holders.
- The largest Sphere Entertainment buyer in Q4 2020 was Fidelity Investments, an estimated $53.9M added.
- The largest Sphere Entertainment seller in Q4 2020 was Silver Lake Group, an estimated $101M sold.
Based on aggregated 13F filings for Q4 2020.