Sphere Entertainment
SPHR
223 hedge funds and large institutions have $1.48B invested in Sphere Entertainment in 2025 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 79 increasing their positions, 52 reducing their positions, and 31 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 52
39% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 31
26% more capital invested
Capital invested by funds: $1.17B → $1.48B (+$305M)
13% more call options, than puts
Call options by funds: $63.4M | Put options by funds: $56.1M
5% more funds holding
Funds holding: 212 → 223 (+11)
2.5% less ownership
Funds ownership: 123.93% → 121.43% (-2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
+$27.2M |
| 2 |
Millennium Management
New York
|
+$12.2M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$9.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.43M |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$6.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$18.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$17.9M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$12.6M |
| 4 |
Goldman Sachs
New York
|
-$12.3M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.13M |
SPHR Hedge Fund Activity: Q2 2025 in Review
223 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Sphere Entertainment (SPHR) for Q2 2025, worth a combined $1.48B — up 26% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new SPHR positions and 31 closed out — a net gain of 12 holders — while 79 added to existing stakes and 52 trimmed.
The largest buyer was Ariel Investments, adding an estimated $27.2M. The largest seller was Balyasny Asset Management, cutting an estimated $18.2M.
- 223 institutional investors held Sphere Entertainment (SPHR) as of Q2 2025, up from 212 in Q1 2025.
- Funds reported $1.48B of Sphere Entertainment stock for Q2 2025, up 26% quarter-over-quarter.
- 43 funds opened new Sphere Entertainment positions in Q2 2025 and 31 closed out, a net change of +12 holders.
- The largest Sphere Entertainment buyer in Q2 2025 was Ariel Investments, an estimated $27.2M added.
- The largest Sphere Entertainment seller in Q2 2025 was Balyasny Asset Management, an estimated $18.2M sold.
Based on aggregated 13F filings for Q2 2025.