Madison Square Garden Entertainment

MSGE • NYSE

Madison Square Garden Entertainment is a entertainment company in the communication services sector on NYSE, led by James L. Dolan, with a market cap of $2.6B. As of Q3 2025, 84% of shares are held by 186 institutional investors, with ARIEL INVESTMENTS, LLC as the largest holder at 16.3%.

Executive Chairman and Chief Executive OfficerJames L. Dolan

Market Cap$2.6B

Entertainment

Communication Services

Employees5.8K

Websitemsgentertainment.com

Country

United States of America

Overview

Overview of institutional ownership in MSGE as of Q3 2025 with a market cap of $2.1B

All Institutions

Institutions: 186
Value Held: $1.8B
Shares Held: 40.0M
Avg Position: $9.7M
Median Position: $492.1K

Hedge Funds

Hedge Funds: 28
Value Held: $430.5M
Shares Held: 9.5M
Avg Position: $15.4M
Median Position: $1.9M

Ownership Breakdown

Institutional (non-HF)

64.22%

$1.4B

Hedge Funds

20.05%

$430.5M

Retail & Other

15.73%

$337.8M

Based on market cap of $2.1B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in MSGE as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
ARIEL INVESTMENTS, LLC Long Only Manager	John Washington Rogers CEO	$350.0M 3.74% of portfolio	16.30% 7.7M shares	Q2 2023 Held for 2y 5m	$9.4B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$175.2M 0.00% of portfolio	8.16% 3.9M shares	Q2 2023 Held for 2y 5m	$6.69T
B BlackRock, Inc. Institution	-	$132.5M 0.00% of portfolio	6.17% 2.9M shares	Q2 2023 Held for 2y 5m	$5.67T
J Jericho Capital Asset Management L.P. Hedge Fund•Long/Short	Emer O'Hanlon CFO	$130.6M 1.36% of portfolio	6.08% 2.9M shares	Q3 2023 Held for 2y 2m	$9.6B
Channing Capital Management, LLC Long Only Manager	Rodney Bernard Herenton CEO	$90.4M 2.38% of portfolio	4.21% 2.0M shares	Q2 2023 Held for 2y 5m	$3.8B
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	Steven Alan Cohen CEO	$82.3M 0.19% of portfolio	3.83% 1.8M shares	Q2 2023 Held for 2y 5m	$43.2B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$60.0M 0.00% of portfolio	2.79% 1.3M shares	Q2 2023 Held for 2y 5m	$1.65T
D DENDUR CAPITAL LP Hedge Fund•Event Driven	Malcolm Andrew Levine CIO	$51.1M 5.70% of portfolio	2.38% 1.1M shares	Q4 2024 Held for 11 months	$897.0M
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$48.3M 0.01% of portfolio	2.25% 1.1M shares	Q2 2023 Held for 2y 5m	$691.34B
A Assenagon Asset Management S.A. Institution	-	$46.8M 0.07% of portfolio	2.18% 1.0M shares	Q4 2023 Held for 1y 11m	$67.7B

Net Capital Flow

Institutional buying and selling activity for MSGE in Q3 2025

Traded: −$7.1M
Buyers: 70
Sellers: 95
Total Bought: +$89.2M
Total Sold: −$96.3M
Avg Position: $8.6M

Biggest Buyers

Institution	Net Bought	Current Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$25.4M +561.5K shares	$26.7M 589.1K shares
N Nuveen, LLC Institution	+$9.3M +205.8K shares	$17.6M 388.6K shares
D DENDUR CAPITAL LP Hedge Fund•Event Driven	+$9.3M +204.5K shares	$51.1M 1.1M shares
A Assenagon Asset Management S.A. Institution	+$9.0M +198.4K shares	$46.8M 1.0M shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	+$6.7M +147.5K shares	$24.9M 551.3K shares
B Becker Drapkin Management, L.P. Hedge Fund•Long/Short	+$3.6M +79.4K shares	$21.5M 475.9K shares
J JANE STREET GROUP, LLC Institution	+$3.6M +79.0K shares	$4.6M 102.1K shares
M MAVERICK CAPITAL LTD Hedge Fund•Long/Short	+$3.4M +76.1K shares	$3.4M 76.1K shares
FIRST TRUST ADVISORS LP ETF Provider	+$3.3M +72.9K shares	$5.6M 123.3K shares
S SIG BROKERAGE, LP Institution	+$2.7M +59.2K shares	$2.7M 59.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
BANK OF AMERICA CORP /DE/ Institution	−$13.9M −306.8K shares	$16.3M 360.4K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$10.4M −231.0K shares	$34.4M 761.2K shares
GOLDMAN SACHS GROUP INC Institution	−$8.7M −191.3K shares	$48.3M 1.1M shares
ARIEL INVESTMENTS, LLC Long Only Manager	−$7.2M −158.4K shares	$350.0M 7.7M shares
I Incline Global Management LLC Hedge Fund•Long/Short	−$6.3M −157.9K shares	Sold Off 0 shares
BARCLAYS PLC Institution	−$4.4M −98.4K shares	$2.6M 57.5K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$3.6M −80.1K shares	$1.0M 22.7K shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	−$2.7M −59.2K shares	$13.5M 298.2K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$2.5M −55.8K shares	$2.1M 46.9K shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	−$2.4M −53.2K shares	$1.9M 41.6K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited MSGE in Q3 2025

New Positions: 13
New Value: $5.3M
Exited Positions: 22
Exited Value: $17.0M

New Positions

Institution	Position Value
S SIG BROKERAGE, LP Institution	$2.7M 59.2K shares
Bridgewater Associates, LP Hedge Fund•Global Macro	$1.8M 40.5K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$241.8K 5.3K shares
C CULLEN INVESTMENT GROUP, LTD. RIA/Wealth	$207.4K 4.6K shares
C CI Private Wealth, LLC RIA/Wealth	$202.8K 4.5K shares
S State of Alaska, Department of Revenue Institution	$59.3K 1.3K shares
B BOKF, NA Institution	$14.7K 326.0 shares
O Optiver Holding B.V. Institution	$10.1K 224.0 shares
Sontag Advisory, LLC RIA/Wealth	$7.5K 165.0 shares
Farther Finance Advisors, LLC RIA/Wealth	$4.0K 89.0 shares

Exited Positions

Institution	Previous Position
I Incline Global Management LLC Hedge Fund•Long/Short	$6.3M 157.9K shares
AMERIPRISE FINANCIAL INC Institution	$1.6M 40.0K shares
Y Y-Intercept Ltd Institution	$1.3M 32.3K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$1.3M 31.6K shares
F Financial Enhancement Group LLC RIA/Wealth	$1.2M 29.3K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	$894.6K 22.4K shares
D Dynamic Technology Lab Private Ltd Institution	$762.7K 19.1K shares
Garden State Investment Advisory Services LLC RIA/Wealth	$635.6K 15.9K shares
S SENTINEL TRUST CO LBA Institution	$575.6K 14.4K shares
MACKENZIE FINANCIAL CORP Long Only Manager	$536.3K 13.4K shares

Options Activity

Institutions with the largest Call and Put options positions in MSGE as of Q3 2025

Call Positions: 5
Call Value: $20.8M
Put Positions: 3
Put Value: $606.2K

Call Positions

Institution	Position Value
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$18.1M 4.0K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.2M 483.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$502.2K 111.0 contracts
Walleye Trading LLC RIA/Wealth	$13.6K 3.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
Walleye Trading LLC RIA/Wealth	$339.3K 75.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$266.9K 59.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	- - contracts

Most Committed Institutions

Institutions with MSGE as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
B Becker Drapkin Management, L.P. Hedge Fund•Long/Short	Richard Benjamin Billig COO	6.66% $21.5M	1.00% 475.9K shares	Q2 2023 Held for 2y 5m	$323.1M
D DENDUR CAPITAL LP Hedge Fund•Event Driven	Malcolm Andrew Levine CIO	5.70% $51.1M	2.38% 1.1M shares	Q4 2024 Held for 11 months	$897.0M
A AWH Capital, L.P. Hedge Fund•Long/Short	Kathleen Moran Schutz COO	5.66% $5.4M	0.25% 120.0K shares	Q2 2023 Held for 2y 5m	$95.8M
ARIEL INVESTMENTS, LLC Long Only Manager	John Washington Rogers CEO	3.74% $350.0M	16.30% 7.7M shares	Q2 2023 Held for 2y 5m	$9.4B
Channing Capital Management, LLC Long Only Manager	Rodney Bernard Herenton CEO	2.38% $90.4M	4.21% 2.0M shares	Q2 2023 Held for 2y 5m	$3.8B
B BOYAR ASSET MANAGEMENT INC Hedge Fund•Value	Mark Alan Boyar President	1.43% $2.3M	0.11% 50.0K shares	Q2 2023 Held for 2y 5m	$158.0M
J Jericho Capital Asset Management L.P. Hedge Fund•Long/Short	Emer O'Hanlon CFO	1.36% $130.6M	6.08% 2.9M shares	Q3 2023 Held for 2y 2m	$9.6B
Kerrisdale Advisers, LLC Hedge Fund•Long/Short	Sahm Adrangi CIO	1.02% $2.0M	0.09% 43.5K shares	Q2 2023 Held for 2y 5m	$192.9M
SYSTEMATIC FINANCIAL MANAGEMENT LP Long Only Manager	Kenneth Burgess CIO	0.98% $40.4M	1.88% 893.1K shares	Q2 2023 Held for 2y 5m	$4.1B
S SIG BROKERAGE, LP Institution	-	0.67% $2.7M	0.12% 59.2K shares	Q3 2025 Held for 2 months	$396.7M

Hedge Fund Spotlight

Discover hedge funds investing in MSGE

SANDLER CAPITAL MANAGEMENT

Hedge Fund • Long/Short

Portfolio ManagerThomas C Molnar

Portfolio Value: $272.1M
Positions: 119
Last Reported: Q3 2025

Sector Allocation

Position in Madison Square Garden Entertainment

Market Value: $1.3M
Shares Held: 29.3K
Portfolio Weight: 0.49%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Corning GLW	Hardware, Equipment & Parts Technology	$13.7M	5.05%
2 TKO Group Holdings TKO	Entertainment Communication Services	$12.4M	4.54%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$10.4M	3.81%