Sphere Entertainment
SPHR
202 hedge funds and large institutions have $1.1B invested in Sphere Entertainment in 2023 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 72 increasing their positions, 53 reducing their positions, and 31 closing their positions.
113% more capital inflows, than outflows
Capital inflows: $286M | Capital outflows: $134M
36% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 53
32% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 31
15.95% more ownership
Funds ownership: 100.17% → 116.12% (+16%)
4% more funds holding
Funds holding: 195 → 202 (+7)
46% less call options, than puts
Call options by funds: $46.9M | Put options by funds: $86.2M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jericho Capital Asset Management
New York
|
+$25.7M |
| 2 |
Mane Global Capital Management
New York
|
+$24.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$19.2M |
| 5 |
Morgan Stanley
New York
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luxor Capital Group
New York
|
-$27.7M |
| 2 |
Long Pond Capital
New York
|
-$17.5M |
| 3 |
Whale Rock Capital Management
Boston,
Massachusetts
|
-$11.4M |
| 4 |
Kohlberg Kravis Roberts & Co
New York
|
-$11.3M |
| 5 |
Carronade Capital Management
Darien,
Connecticut
|
-$11.2M |
SPHR Hedge Fund Activity: Q4 2023 in Review
202 of the 6,878 institutional investors tracked by Wall St. Rank reported a position in Sphere Entertainment (SPHR) for Q4 2023, worth a combined $1.1B — up 5.8% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new SPHR positions and 31 closed out — a net gain of 10 holders — while 72 added to existing stakes and 53 trimmed.
The largest buyer was Jericho Capital Asset Management, adding an estimated $25.7M. The largest seller was Luxor Capital Group, cutting an estimated $27.7M.
- 202 institutional investors held Sphere Entertainment (SPHR) as of Q4 2023, up from 195 in Q3 2023.
- Funds reported $1.1B of Sphere Entertainment stock for Q4 2023, up 5.8% quarter-over-quarter.
- 41 funds opened new Sphere Entertainment positions in Q4 2023 and 31 closed out, a net change of +10 holders.
- The largest Sphere Entertainment buyer in Q4 2023 was Jericho Capital Asset Management, an estimated $25.7M added.
- The largest Sphere Entertainment seller in Q4 2023 was Luxor Capital Group, an estimated $27.7M sold.
Based on aggregated 13F filings for Q4 2023.