Added 15,000 shares of MSGS, representing a net position increase of $3.4 million.
Transaction equals 2.6% of reportable 13F assets under management.
Post-trade stake: 15,000 shares valued at $3.4 million.
On November 12, 2025, BARINGTON Companies Management reported a few new acquisitions, but this sports-related purchase may draw interest.
According to a Securities and Exchange Commission (SEC) filing dated November 12, 2025, BARINGTON Companies Management initiated a new stake in Madison Square Garden Sports (NYSE:MSGS) during the third quarter, acquiring 15,000 shares. The position is valued at approximately $3.4 million based on reported quarter-end figures and marks the fund’s first reported holding in the sports and entertainment company.
Top holdings after the filing:
| Metric | Value |
|---|---|
| Price (as of market close November 12, 2025) | $220.75 |
| Market capitalization | $5.3 billion |
| Revenue (TTM) | $1.03 billion |
| Net income (TTM) | ($23.69 million) |
Madison Square Garden Sports is a leading owner and operator of iconic sports franchises, with a diversified portfolio spanning major league basketball, hockey, and esports. Its business model centers on leveraging team brands and fan engagement to generate recurring revenue from media, sponsorship, and live event attendance.
Madison Square Garden Sports was one of five new stocks BARINGTON acquired in the third quarter of 2025. This is notable considering the portfolio only holds 12 stocks, most of which revolve around consumer-related names.
As the name implies, Madison Square Garden Sports owns the NBA’s New York Knicks and the NHL franchise in NYC, the New York Rangers, both of which play in the famed Madison Square Garden Arena.
BARINGTON also buys this stock as the company faces a notable struggle. In the first quarter of fiscal 2026 (ended Sept. 30), revenue fell by 26% yearly to $39 million amid lower league distributions. That may partially explain why the stock performance has been flat over the last year, even as the stock made gains over the last five years.
Considering those challenges, it is not clear why BARINGTON chose to add this stock in Q3, though at just 2.6% of the portfolio, it is one of the fund’s smaller positions.
Still, such sports franchises are scarce and thus tend to rise in value over time. That could mean BARINGTON makes gains from this investment, assuming it stays the course in the entertainment stock.
13F assets under management (AUM): The total value of securities a fund manager reports to the Securities and Exchange Commission (SEC) on Form 13F.
Position: The amount of a particular security or investment held by an investor or fund.
Stake: The ownership interest or share in a company or asset.
Quarter-end figures: Financial data reported as of the last day of a fiscal quarter.
Top holdings: The largest investments in a fund’s portfolio, ranked by value.
Esports: Organized, competitive video gaming, often involving professional teams and tournaments.
TTM: The 12-month period ending with the most recent quarterly report.
Underperforming: Delivering returns lower than a benchmark or market index over a specific period.
When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor’s total average return is 1,001%* — a market-crushing outperformance compared to 194% for the S&P 500.
They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor.
*Stock Advisor returns as of December 1, 2025
Will Healy has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
