Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

SPHERE ENTERTAINMENT CO (SPHR)

328 + Investors. Track Smart Money conviction in SPHR. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +48
Streak
3Q ▲
Buyers last Q
59%

Smart Money Signals — SPHR

Based on 303 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added SPHR than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
303 hedge funds hold SPHR right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +41% more funds vs a year ago

fund count last 6Q
+88 new funds entered over the past year (+41% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 59% buying

180 buying126 selling
Last quarter: 180 funds bought or added vs 126 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+17 vs last Q)

new funds entering per quarter
Funds opening a new SPHR position: 26 → 42 → 62 → 79. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

48% of holders stayed for 2+ years

■ 48% conviction (2yr+) ■ 23% medium ■ 29% new
145 out of 303 hedge funds have held SPHR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Price up while funds trimmed (+52% value, -1% shares)

Value
+51%
Shares
-1%
Last quarter: total value of institutional SPHR holdings rose +52% even though funds reduced share count by 1%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
🚀

Acceleration phase — new buyers rushing in

34 → 26 → 42 → 62 → 79 new funds/Q
New funds entering each quarter: 26 → 42 → 62 → 79. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 58% of holders stayed 2+ years

■ 58% veterans ■ 13% 1-2yr ■ 29% new
Of 328 current holders: 190 (58%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 29% AUM from major funds

29% from top-100 AUM funds
34 of 303 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.4
out of 10
Moderate Exit Risk
Exit risk score 4.4/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: SPHR

How many hedge funds hold SPHR — quarterly history vs. share price
Quarterly hedge fund ownership of SPHR vs. share price

Market Analysis: SPHR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SPHR

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

42 top-rated funds 5 high-conviction
Consensus
7.1
/ 10
breadth
×
Elite
3.7
/ 10
conviction
Hedge Fund Positioning: SPHR
2026 Q1 Stats Unlock in 19 days 328 + Investors

Track Smart Money conviction in SPHR. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 328 282 16.31%
13F Shares 36M 36M -1.04%
Total Value $3.39B $2.23B 51.76%
New Positions 79 65 +14
Increased Positions 131 108 +23
Closed Positions 35 21 +14
Reduced Positions 127 118 +9
Total Calls 15 19 -21.05%
Total Puts 12 15 -20.0%
PUT/CALL Ratio 0.8 0.79 Neutral

Statistics: SPHR

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

328 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in SPHR. Verified SEC 13F-HR filings.

Top 25 institutional holders of SPHR — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 O'Keefe Stevens Advisory, Inc. 4.89% 168,745 $19.8M
2 Pacific Capital Partners Ltd 2.83% 24,407 $2.9M
3 Washington Trust Advisors, Inc. 0.86% 90,444 $10.6M
4 North Star Investment Management Corp. 0.55% 77,780 $9.1M
5 Putney Financial Group LLC 0.48% 4,075 $478K
6 Poehling Capital Management, INC. 0.47% 18,900 $2.2M
7 Radnor Capital Management, LLC 0.35% 20,301 $2.4M
8 FNY Investment Advisers, LLC 0.33% 6,500 —
9 Garner Asset Management Corp 0.26% 5,714 $659K
10 PINNACLE ASSOCIATES LTD 0.18% 116,798 $13.7M
11 Bayforest Capital Ltd 0.18% 1,337 $157K
12 Quantum Private Wealth, LLC 0.17% 4,700 $552K
13 Byrne Asset Management LLC 0.16% 1,728 $276K
14 Everstar Asset Management, LLC 0.16% 2,500 $294K
15 Central Pacific Bank - Trust Division 0.15% 9,871 $1.2M
16 R Squared Ltd 0.14% 2,152 $253K
17 Quent Capital, LLC 0.10% 12,480 $1.5M
18 Philip James Wealth Mangement, LLC 0.10% 7,435 $873K
19 COOKSON PEIRCE & CO INC 0.09% 18,898 $2.2M
20 AlphaQuest LLC 0.08% 14,712 $1.4M
21 Counterpoint Mutual Funds LLC 0.05% 2,712 $318K
22 Abel Hall, LLC 0.05% 1,874 $220K
23 NBC SECURITIES, INC. 0.04% 4,831 $567K
24 Triasima Portfolio Management inc. 0.04% 2,109 $248K
25 Perigon Wealth Management, LLC 0.04% 16,950 $2.0M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — SPHERE ENTERTAINMENT CO (SPHR)

What does the Smart Money Trend signal show for SPHR?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added SPHR than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for SPHR?

Slight buying edge — 59% buying: Last quarter: 180 funds bought or added vs 126 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for SPHR holders?

Strong quality — 29% AUM from major funds: 34 of 303 holders rank in the top 100 by AUM, accounting for 29% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held SPHR?

48% of holders stayed for 2+ years: 145 out of 303 hedge funds have held SPHR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.