Sphere Entertainment
SPHR
260 hedge funds and large institutions have $2.06B invested in Sphere Entertainment in 2025 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 67 increasing their positions, 84 reducing their positions, and 23 closing their positions.
170% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 23
40% more capital invested
Capital invested by funds: $1.48B → $2.06B (+$585M)
20% more call options, than puts
Call options by funds: $119M | Put options by funds: $98.8M
17% more funds holding
Funds holding: 223 → 260 (+37)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7.42% less ownership
Funds ownership: 121.43% → 114.01% (-7.4%)
20% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
+$28M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$26.1M |
| 3 |
MGCM
Mane Global Capital Management
New York
|
+$16.8M |
| 4 |
Morgan Stanley
New York
|
+$15.8M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
-$52.2M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$50.2M |
| 3 |
Barclays
London,
United Kingdom
|
-$34.5M |
| 4 |
Holocene Advisors
New York
|
-$26.2M |
| 5 |
Primecap Management
Pasadena,
California
|
-$17.5M |
SPHR Hedge Fund Activity: Q3 2025 in Review
260 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Sphere Entertainment (SPHR) for Q3 2025, worth a combined $2.06B — up 40% from $1.48B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new SPHR positions and 23 closed out — a net gain of 39 holders — while 67 added to existing stakes and 84 trimmed.
The largest buyer was J. Goldman & Co, opening a new position worth an estimated $28M. The largest seller was Ariel Investments, cutting an estimated $52.2M.
- 260 institutional investors held Sphere Entertainment (SPHR) as of Q3 2025, up from 223 in Q2 2025.
- Funds reported $2.06B of Sphere Entertainment stock for Q3 2025, up 40% quarter-over-quarter.
- 62 funds opened new Sphere Entertainment positions in Q3 2025 and 23 closed out, a net change of +39 holders.
- The largest Sphere Entertainment buyer in Q3 2025 was J. Goldman & Co, an estimated $28M added.
- The largest Sphere Entertainment seller in Q3 2025 was Ariel Investments, an estimated $52.2M sold.
Based on aggregated 13F filings for Q3 2025.