Vault-13

MADISON SQUARE GRDN SPRT COR MSGS

CL A · Common Stock · CUSIP 55825T103 · ISIN US55825T1034

American sports holding company

263 institutional holders +6 vs Q3 2022
16,292,28016.3m shares reported held*
$3.0bnreported value*
54 new 79 added 83 reduced 46 sold out net bought ≈ $46.1m (+251.7k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($19.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $183.32. Options: 10 managers hold calls ($15.2m notional), 8 hold puts ($28.8m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 257Q4 22: 263263Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022257
Q4 2022263

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ3 22 calls: $12.0mQ3 22 puts: $19.9mQ3 22P/C 1.66Q4 22 calls: $15.2mQ4 22 puts: $28.8mQ4 22P/C 1.90
Numbers
QuarterCallsPutsP/C
Q3 2022$12.0m$19.9m1.66
Q4 2022$15.2m$28.8m1.90

Biggest buyers

T. Rowe Price Investment Management, Inc. New +330,002+330.0k
River Road Asset Management, LLC Added +199,593+199.6k
MASON CAPITAL MANAGEMENT LLC New +136,000+136.0k
NORTHERN TRUST CORP Added +129,755+129.8k
GILDER GAGNON HOWE & CO LLC New +126,590+126.6k
Point72 Asset Management, L.P. New +92,000+92.0k
Invesco Ltd. Added +84,463+84.5k
TWO SIGMA INVESTMENTS, LP New +83,251+83.3k
VANGUARD GROUP INC Added +70,966+71.0k
Balyasny Asset Management L.P. New +70,793+70.8k

Biggest sellers

SOUTHEASTERN ASSET MANAGEMENT INC/TN/ Reduced -438,303-438.3k
MARSHALL WACE, LLP Sold out -274,733-274.7k
NOMURA HOLDINGS INC Reduced -88,896-88.9k
Qube Research & Technologies Ltd Sold out -84,541-84.5k
JANUS HENDERSON GROUP PLC Reduced -80,831-80.8k
Luxor Capital Group, LP Reduced -80,741-80.7k
Long Pond Capital, LP Reduced -71,854-71.9k
RENAISSANCE TECHNOLOGIES LLC Reduced -69,700-69.7k
DEUTSCHE BANK AG\ Reduced -58,712-58.7k
CANTOR FITZGERALD, L. P. Sold out -36,910-36.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.6m30.5k shares
CITADEL ADVISORS LLC Added $4.5m24.3k shares
PEAK6 Investments LLC New $3.3m17.9k shares
Garner Asset Management Corp Added $863.0k4.7k shares
Shay Capital LLC New $660.0k3.6k shares
JANE STREET GROUP, LLC New $201.7k1.1k shares
Walleye Trading LLC Reduced $55.0k300 shares
SIMPLEX TRADING, LLC Reduced $54.0k300 shares
Leverage Partners Absolute Return Fund SPC New $4.6k25.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $13.4m73.2k shares
CITADEL ADVISORS LLC Added $7.6m41.4k shares
Squarepoint Ops LLC Reduced $4.3m23.6k shares
SIMPLEX TRADING, LLC Added $2.2m12.0k shares
JANE STREET GROUP, LLC New $678.3k3.7k shares
TWO SIGMA SECURITIES, LLC Reduced $330.0k1.8k shares
Walleye Trading LLC New $238.3k1.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
DOLAN JAMES LAWRENCE 13D · may seek influence no change · filed 2026-03-09 13.2% no change 3.0m≈ $1.2bn 2026-03-09
DOLAN CHARLES F 13D · may seek influence filed 2024-12-31
Stated purposeThe disclosure in Item 4 is hereby amended by adding the following to the end thereof: Charles F. Dolan passed away on December 28, 2024. As a result, as described in Exhibit A to Amendment No. 5, each child of Charles F. Dolan has the power to appoint additional or successor Trustees, including himself or herself, and to remove Trustees with respect to the 2009 Family Trust for his or her benefit. Accordingly, James L. Dolan, Thomas C. Dolan, Kathleen M. Dolan, Marianne Dolan Weber and Deborah A. Dolan-Sweeney may each be deemed to beneficially own the shares owned of record by the 2009 Family Trust for his or her benefit (as reflected in Items 7 through 13 of each such person's cover page to this Amendment No. 6). Each of them disclaims beneficial ownership of the shares of Class A Comm… Full filing
12.6% 2.8m≈ $1.1bn 2024-12-31
BlackRock, Inc. 13G · institution +0.6 pts · filed 2026-01-08 10.0% +0.6 pts 2.0m≈ $787.5m 2026-01-08
T. Rowe Price Investment Management, Inc. 13G · institution new · filed 2026-08-14 5.6% new 1.1m≈ $440.7m 2026-08-14

Fell to 5% or below in the last year: GAMCO INVESTORS, INC. ET AL (2.6%, 2026-08-14), VANGUARD GROUP INC (0.0%, 2026-03-27)

Insider purchases and sales in Q4 2022

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q1 21: 0 buyingQ1 21: 0 sellingQ2 21: 0 buyingQ2 21: 0 sellingQ2 21Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 1 buyingQ4 21: 0 sellingQ4 21Q1 22: 1 buyingQ1 22: 0 sellingQ2 22: 0 buyingQ2 22: 0 sellingQ2 22Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20210—0——
Q2 20210—0——
Q3 20210—0——
Q4 20211$17.9k0——
Q1 20221$996.0k0——
Q2 20220—0——
Q3 20220—0——
Q4 20220—0——

None reported in Q4 2022.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Silver Lake Group, L.L.C. 2.75% of their portfolio Menlo Park, CA 1,899,9621.9m $348.3m $348.3m 2.75% Unchanged
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 1,635,6081.6m $299.9m $299.9m 0.01% Added +71.0k +70,966
3 ARIEL INVESTMENTS, LLC 1.99% of their portfolio CHICAGO, IL 1,071,6741.1m $196.5m $196.5m 1.99% Added +9.4k +9,406
4 BlackRock Inc. 0.00% of their portfolio New York, NY 770,496770.5k $141.3m $141.3m 0.00% Added +18.5k +18,537
5 Clearbridge Investments, LLC 0.14% of their portfolio NEW YORK, NY 764,651764.7k $140.2m $140.2m 0.14% Reduced -34.4k -34,437
6 GAMCO INVESTORS, INC. ET AL 1.21% of their portfolio GREENWICH, CT 615,165615.2k $112.8m $112.8m 1.21% Reduced -6.8k -6,772
7 GATES FOUNDATION TRUST 0.30% of their portfolio KIRKLAND, WA 592,406592.4k $108.6m $108.6m 0.30% Unchanged
8 PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio BALTIMORE, MD 517,097517.1k $94.8m $94.8m 0.02% Added +314 +314
9 GABELLI FUNDS LLC 0.58% of their portfolio Rye, NY 407,075407.1k $74.6m $74.6m 0.58% Reduced -1.9k -1,925
10 SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 2.44% of their portfolio MEMPHIS, TN 379,568379.6k $69.6m $69.6m 2.44% Reduced -438.3k -438,303
11 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio NEW YORK, NY 344,228344.2k $63.1m $63.1m 0.03% Reduced -15.5k -15,532
12 SHAPIRO CAPITAL MANAGEMENT LLC 1.68% of their portfolio ATLANTA, GA 343,639343.6k $63.0m $63.0m 1.68% Added +33.0k +33,042
13 T. Rowe Price Investment Management, Inc. 0.05% of their portfolio BALTIMORE, MD 330,002330.0k $60.5m $60.5m 0.05% New
14 Kohlberg Kravis Roberts & Co. L.P. 1.89% of their portfolio NEW YORK, NY 305,068305.1k $55.9m $55.9m 1.89% Unchanged
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 281,827281.8k $51.7m $51.7m 0.00% Added +624 +624
16 NORGES BANK 0.01% of their portfolio OSLO, Q8 259,523259.5k $47.6m $47.6m 0.01% Added +11.2k +11,211
17 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 243,865243.9k $44.7m $44.7m 0.01% Added +18.5k +18,510
18 Greenhouse Funds LLLP 4.10% of their portfolio BALTIMORE, MD 243,239243.2k $44.6m $44.6m 4.10% Added +17.9k +17,896
19 BAMCO INC /NY/ 0.14% of their portfolio NEW YORK, NY 225,000225.0k $41.2m $41.2m 0.14% Unchanged
20 Long Pond Capital, LP 2.51% of their portfolio New York, NY 223,673223.7k $41.0m $41.0m 2.51% Reduced -71.9k -71,854
21 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 220,900220.9k $40.5m $40.5m 0.01% Added +129.8k +129,755
22 River Road Asset Management, LLC 0.55% of their portfolio LOUISVILLE, KY 218,518218.5k $40.1m $40.1m 0.55% Added +199.6k +199,593
23 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 199,086199.1k $36.5m $36.5m 0.02% Added +34.8k +34,779
24 NOMURA HOLDINGS INC 0.35% of their portfolio TOKYO, M0 186,000186.0k $34.1m $34.1m 0.35% Reduced -88.9k -88,896
25 PINNACLE ASSOCIATES LTD 0.68% of their portfolio NEW YORK, NY 169,729169.7k $31.1m $31.1m 0.68% Reduced -4.8k -4,803
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 169,647169.6k $31.1m $31.1m 0.00% Reduced -36.1k -36,117
27 MASON CAPITAL MANAGEMENT LLC 10.79% of their portfolio NEW YORK, NY 136,000136.0k $24.9m $24.9m 10.79% New
28 Clearline Capital LP 4.31% of their portfolio NEW YORK, NY 131,374131.4k $24.1m $24.1m 4.31% Reduced -1.5k -1,547
29 GILDER GAGNON HOWE & CO LLC 0.43% of their portfolio New York, NY 126,590126.6k $23.2m $23.2m 0.43% New
30 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 117,127117.1k $21.5m $21.5m 0.01% Added +552 +552
31 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 108,528108.5k $19.9m $19.9m 0.02% Added +31.9k +31,922
32 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 107,035107.0k $19.6m $19.6m 0.01% Added +20.1k +20,065
33 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 99,41799.4k $18.2m $18.2m 0.01% Added +84.5k +84,463
34 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 93,94793.9k $17.2m $17.2m 0.01% Reduced -2.8k -2,849
35 Point72 Asset Management, L.P. 0.06% of their portfolio STAMFORD, CT 92,00092.0k $16.9m $16.9m 0.06% New
36 PUTNAM INVESTMENTS LLC 0.03% of their portfolio BOSTON, MA 91,07191.1k $16.7m $16.7m 0.03% Added +4.0k +3,994
37 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 85,93485.9k $15.8m $15.8m 0.02% Reduced -1.3k -1,251
38 TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio NEW YORK, NY 83,25183.3k $15.3m $15.3m 0.05% New
39 SHELTON CAPITAL MANAGEMENT 1.53% of their portfolio Denver, CO 79,05179.1k $14.5m $14.5m 1.53% Unchanged
40 Balyasny Asset Management L.P. 0.05% of their portfolio Chicago, IL 70,79370.8k $13.0m $13.0m 0.05% New
41 SYSTEMATIC FINANCIAL MANAGEMENT LP 0.42% of their portfolio TEANECK, NJ 70,09270.1k $12.8m $12.8m 0.42% Reduced -134 -134
42 JACOBS LEVY EQUITY MANAGEMENT, INC 0.08% of their portfolio FLORHAM PARK, NJ 66,51666.5k $12.2m $12.2m 0.08% Added +731 +731
43 Concentric Capital Strategies, LP 5.93% of their portfolio Stamford, CT 65,17365.2k $11.9m $11.9m 5.93% Added +48.0k +48,046
44 UBS Group AG 0.01% of their portfolio ZURICH, V8 65,03065.0k $11.9m $11.9m 0.01% Reduced -20.5k -20,526
45 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 62,76162.8k $11.5m $11.5m 0.00% Reduced -7.6k -7,611
46 TIGER MANAGEMENT L.L.C. 7.18% of their portfolio NEW YORK, NY 62,00062.0k $11.4m $11.4m 7.18% New
47 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 60,33960.3k $11.1m $11.1m 0.02% Added +59.0k +58,979
48 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 59,88959.9k $11.0m $11.0m 0.00% Reduced -14.1k -14,063
49 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 58,48458.5k $10.7m $10.7m 0.00% Added +7.0k +6,959
50 ArrowMark Colorado Holdings LLC 0.13% of their portfolio Denver, CO 58,17458.2k $10.7m $10.7m 0.13% New
51 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 55,14455.1k $10.1m $10.1m 0.00% Added +4.7k +4,686
52 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.10% of their portfolio FRANKFORT, KY 52,32952.3k $9.6m $9.6m 0.10% Unchanged
53 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 47,91347.9k $8.8m $8.8m 0.01% Added +6.5k +6,517
54 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 47,50747.5k $8.7m $8.7m 0.00% Reduced -4.1k -4,094
55 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 46,30046.3k $8.5m $8.5m 0.01% Reduced -69.7k -69,700
56 Man Group plc 0.03% of their portfolio LONDON, X0 42,24442.2k $7.7m $7.7m 0.03% Added +6.6k +6,563
57 Teca Partners, LP 10.53% of their portfolio Austin, TX 40,43740.4k $7.4m $7.4m 10.53% Unchanged
58 Swiss National Bank 0.00% of their portfolio ZURICH, V8 35,63335.6k $6.5m $6.5m 0.00% Added +600 +600
59 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 34,76234.8k $6.4m $6.4m 0.01% Reduced -12.4k -12,435
60 HORIZON KINETICS ASSET MANAGEMENT LLC 0.10% of their portfolio NEW YORK, NY 33,83133.8k $6.2m $6.2m 0.10% Reduced -159 -159
61 Bain Capital Public Equity Management II, LLC 0.36% of their portfolio Boston, MA 32,65432.7k $6.0m $6.0m 0.36% New
62 ALGERT GLOBAL LLC 0.32% of their portfolio SAN FRANCISCO, CA 31,37331.4k $5.8m $5.8m 0.32% Reduced -4.1k -4,058
63 LGT CAPITAL PARTNERS LTD. 0.16% of their portfolio PFAEFFIKON, V8 30,00030.0k $5.5m $5.5m 0.16% Reduced -6.5k -6,500
64 Price Jennifer C. 1.30% of their portfolio NEW YORK, NY 29,61229.6k $5.4m $5.4m 1.30% Unchanged
65 Luxor Capital Group, LP 0.46% of their portfolio NEW YORK, NY 28,43328.4k $5.2m $5.2m 0.46% Reduced -80.7k -80,741
66 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 27,77127.8k $5.0m $5.0m 0.01% Added +12.1k +12,080
67 Squarepoint Ops LLC 0.03% of their portfolio NEW YORK, NY 27,66627.7k $5.1m $5.1m 0.03% Reduced -2.4k -2,350
68 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 25,21825.2k $4.6m $4.6m 0.01% Added +19.0k +18,980
69 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 24,28024.3k $4.5m $4.5m 0.01% Added +1.3k +1,310
70 PACIFIC GLOBAL INVESTMENT MANAGEMENT CO 0.98% of their portfolio Glendale, CA 24,11224.1k $4.4m $4.4m 0.98% Added +796 +796
71 BOYAR ASSET MANAGEMENT INC. 3.48% of their portfolio NEW YORK, NY 23,24923.2k $4.3m $4.3m 3.48% Reduced -2.2k -2,245
72 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 22,41322.4k $4.1m $4.1m 0.00% Reduced -9.1k -9,051
73 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 22,04922.0k $4.0m $4.0m 0.00% Added +6.6k +6,577
74 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 21,93321.9k $4.0m $4.0m 0.01% Added +1.5k +1,500
75 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 21,60221.6k $4.0m $4.0m 0.00% Added +18.2k +18,179
76 SCHWARTZ INVESTMENT COUNSEL INC 0.18% of their portfolio PLYMOUTH, MI 21,40021.4k $3.9m $3.9m 0.18% Reduced -8.3k -8,300
77 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 20,90020.9k $3.8m $3.8m 0.01% Added +18.4k +18,400
78 Lafayette Investments, Inc. 1.07% of their portfolio ASHTON, MD 20,71920.7k $3.8m $3.8m 1.07% Reduced -227 -227
79 SIMPLEX TRADING, LLC 0.18% of their portfolio CHICAGO, IL 20,60820.6k $3.8m $3.8m 0.18% New
80 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 20,52320.5k $3.8m $3.8m 0.01% Added +279 +279
81 MYDA Advisors LLC 2.64% of their portfolio WOODMERE, NY 20,00020.0k $3.7m $3.7m 2.64% Added +10.0k +10,000
82 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 19,75919.8k $3.6m $3.6m 0.01% Added +1.8k +1,790
83 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 19,67219.7k $3.6m $3.6m 0.00% Reduced -20.6k -20,560
84 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 19,57519.6k $3.6m $3.6m 0.01% Added +8.5k +8,468
85 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 19,41519.4k $3.6m $3.6m 0.01% Reduced -3.2k -3,193
86 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 18,50018.5k $3.4m $3.4m 0.00% Reduced -58.7k -58,712
87 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 18,32018.3k $3.4m $3.4m 0.03% Reduced -29.1k -29,074
88 Vident Investment Advisory, LLC 0.13% of their portfolio Alpharetta, GA 18,22118.2k $3.3m $3.3m 0.13% New
89 Orion Porfolio Solutions, LLC 0.07% of their portfolio OMAHA, NE 18,11418.1k $3.3m $3.3m 0.07% Added +2.9k +2,924
90 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 17,37117.4k $3.2m $3.2m 0.01% Reduced -150 -150
91 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 16,39616.4k $3.0m $3.0m 0.01% Added +13.9k +13,893
92 EAGLE ASSET MANAGEMENT INC 0.02% of their portfolio ST PETERSBURG, FL 15,89615.9k $2.9m $2.9m 0.02% Added +7.1k +7,065
93 Jump Financial, LLC 0.15% of their portfolio Chicago, IL 15,41415.4k $2.8m $2.8m 0.15% Reduced -1.0k -1,021
94 MHR FUND MANAGEMENT LLC 0.47% of their portfolio NEW YORK, NY 15,00115.0k $2.8m $2.8m 0.47% Added +10.0k +10,000
95 Legal & General Group Plc 0.00% of their portfolio London, X0 14,93014.9k $2.7m $2.7m 0.00% Reduced -95 -95
96 AQR Arbitrage LLC 0.07% of their portfolio Greenwich, CT 14,81414.8k $2.7m $2.7m 0.07% New
97 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 14,47914.5k $2.7m $2.7m 0.01% Unchanged
98 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 14,14014.1k $2.6m $2.6m 0.01% Reduced -897 -897
99 EagleClaw Capital Managment, LLC 0.62% of their portfolio BOSTON, MA 13,95013.9k $2.6m $2.6m 0.62% Added +100 +100
100 Poehling Capital Management, INC. 0.96% of their portfolio MADISON, WI 13,92613.9k $2.6m $2.6m 0.96% Reduced -858 -858