JPMorgan Chase Boosts Stake in Madison Square Garden Company

Institutional investor increases ownership in entertainment and sports conglomerate

Mar. 3, 2026 at 1:07am

JPMorgan Chase & Co. grew its holdings in shares of The Madison Square Garden Company (NYSE:MSGS) by 11.8% in the third quarter, according to a recent SEC filing. The fund now owns 117,905 shares of the company's stock, valued at $26.8 million, after adding 12,412 additional shares during the period.

Why it matters

Madison Square Garden Company owns and operates several high-profile sports franchises and media assets, including the NBA's New York Knicks, the NHL's New York Rangers, and regional cable network MSG Networks. The increase in JPMorgan's stake signals continued institutional investor confidence in the company's long-term growth potential.

The details

According to the 13F filing, JPMorgan Chase & Co. now owns 0.49% of Madison Square Garden's outstanding shares. The investment firm has been steadily increasing its position in the company over the past year, likely betting on the value of its sports and entertainment assets as the economy continues to recover from the pandemic.

  • JPMorgan Chase & Co. filed the 13F report disclosing the increased stake on March 1, 2026.
  • The filing covers the third quarter of 2025, the period when JPMorgan added the 12,412 additional shares.

The players

JPMorgan Chase & Co.

A multinational investment bank and financial services company headquartered in New York City.

The Madison Square Garden Company

A sports and entertainment company that owns and operates the NBA's New York Knicks, the NHL's New York Rangers, and regional cable network MSG Networks.

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The takeaway

JPMorgan Chase's increased stake in Madison Square Garden Company suggests Wall Street's continued confidence in the long-term value of the company's diverse sports and media assets, even as the entertainment industry navigates the ongoing effects of the pandemic.