Letters by company
Sphere Entertainment Co.
4 letters discussing SPHR. Everything written about it on this site is on its ticker page.
- Ariel Investments Ariel Fund Ariel Fund added Haemonetics and RLI, citing plasma-therapy demand and RLI’s underwriting discipline, while exiting Paramount Skydance and First American on valuation and alternative opportunities. It argues that MSGE and Sphere combine scarce venues with expanding event demand, and retains Carlyle despite private-credit concerns. Quarter Ended June 30, 2026 CG $13BCLB $482MHAE $5.4B
- O'Keefe Stevens Advisory Quarterly Investor Letter Q2 2026 Sotera Health was added after Warburg Pincus exited, leaving a discounted sterilization duopoly with high switching costs, constrained industry capacity and a path toward lower capital spending and litigation risk. Qualcomm and Corning were trimmed and hedged after AI-driven appreciation, while cash remained a major holding as the firm watches software dislocation and broader AI uncertainty. Q2 2026 SHC $5.1BCALY $2.5BGLW $136B
- O'Keefe Stevens Advisory Quarterly Investor Letter Q1 2026 O'Keefe Stevens Advisory kept cash as its largest position, sold Alibaba and Tri Pointe Homes, and trimmed Corning as valuations and AI spending risks widened. The firm initiated Baxter, added to Perrigo and Weyerhaeuser, and argues that security-specific dislocations, rather than macro calls, should govern redeployment. Q1 2026 BABA $270BBAX $13BCALY $2.5B
- O'Keefe Stevens Advisory Quarterly Investor Letter Q4 2025 Fannie Mae common shares were sold to reduce exposure to uncertain privatization outcomes, while preferred shares were retained for their contractual payoff. The portfolio added to Callaway after its Topgolf sale, trimmed Sphere, and expects GreenFirst to benefit as lumber supply tightens. Q4 2025 FNMA $4.6BICLTF $28MSPHR $4B
