Citadel’s stake in Sphere Entertainment rose from 1.6% to 5.3%, according to SEC filings released on Monday.
Ken Griffin ’s Citadel has boosted its stake in James Dolan ’s Sphere Entertainment just weeks after another hedge fund titan, Mets owner Steve Cohen , revealed that heSince April 1, Citadel has bought up 900,000 additional shares of the publicly-traded company — bringing its total to around 1.5 million shares.Citadel, the hedge fund founded by billionaire Ken Griffin , has upped its stake in Jim Dolan’s Sphere Entertainment, according to SEC filings.
The Sphere currently has Dead & Company booked for the summer before the Eagles begin a residency in September that runs through the end of the year.Shares of Sphere were trading flat on Thursday — though the stock is up by around 30% since Jan. 1. Dolan, the son of Cablevision founder Charles Dolan, recently signed three-year contract extensions to continue in his role as executive chairman of Sphere, MSG Sports and MSG Entertainment.MSG Sports is the holding company whose properties include the NBA’s New York Knicks and the NHL’s New York Rangers.
MSG Entertainment is the subsidiary that oversees the teams’ home arena, Madison Square Garden, as well as Radio City Music Hall and Beacon Theatre.Fired 'Mandalorian' actor Gina Carano 'moved to tears' after victory against Disney in her Elon Musk-funded lawsuitDaisy Edgar-Jones blows away fans with her ‘Twisters’ promo outfits
Taylor Swift calls Ryan Reynolds her ‘godkids’ sperm donor’ in hilarious ‘Deadpool & Wolverine’ promoCitadel, the hedge fund founded by billionaire Ken Griffin, has upped its stake in Jim Dolan's Sphere Entertainment, according to SEC filings.
Hedge Funds James Dolan Ken Griffin Madison Square Garden Msg Sphere Steve Cohen
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