SPHERE ENTERTAINMENT CO (SPHR) — Hedge Fund Ownership Q1 2026
SPHR
- SPHERE ENTERTAINMENT CO (SPHR) is held by 2 of 84 tracked hedge funds, with Ariel Investments (3%) and Polen Capital Management (0%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
- The biggest increases in SPHR holdings came from Polen Capital Management (+103%), highlighting conviction.
- The biggest decreases in SPHR holdings came from Ariel Investments (-22%), suggesting profit-taking or de-risking.
- Overall, hedge funds decreased exposure to SPHERE ENTERTAINMENT CO (SPHR) by -21% vs the prior quarter and -61% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Ariel Investments
|
3.24% | 2.5M | -22.29% | -60.90% | $289.1M | $117.40 | — |
| 2 |
Polen Capital Management
|
0.04% | 48K | +102.67% | — | $5.7M | $117.40 | — |
| 2 | Total | — | 2.5M | -21.36% | -60.90% | $294.7M | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.