SPHRNYSEServices-Amusement & Recreation ServicesFiscal year ends December 31
Sphere Entertainment Co.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$102.89−0.64 (-0.62%)
Close on Oct 19, 2026
- Market cap
- $3.72B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
37M of 36M shares
Institutional holders
417
96 new, 52 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Mary S. Dolan, as Trustee of certain trusts described herein | 4,280,651 | 13.00% | 13D (active) amendment | Feb 25, 2026 |
| Mary S. Dolan, as a Trustee of the Charles F. Dolan Children Trust FBO Deborah Dolan-Sweeney and each of the 2009 Family Trusts | 4,052,862 | 12.30% | 13D (active) amendment | Jan 31, 2025 |
| BlackRock, Inc. | 3,853,804 | 13.50% | 13G (passive) | Mar 31, 2026 |
| Jericho Capital Asset Management L.P. | 2,805,615 | 9.80% | 13G (passive) amendment | Sep 30, 2024 |
| Morgan Stanley | 2,410,126 | 8.30% | 13G (passive) amendment | Jun 30, 2026 |
| Barclays PLC | 1,676,042 | 5.79% | 13G (passive) | Mar 31, 2025 |
| Ariel Investments, LLC | 1,665,326 | 5.80% | 13G (passive) amendment | Jun 30, 2026 |
| Vanguard Portfolio Management | 1,552,204 | 5.42% | 13G (passive) | Mar 31, 2026 |
| Point72 Asset Management, L.P. | 1,535,450 | 5.30% | 13G (passive) amendment | Mar 31, 2025 |
| Dimensional Fund Advisors LP | 1,435,410 | 5.00% | 13G (passive) amendment | Mar 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of SPHR | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4,080,043 | 11.36% | $705.97M | +172,102 | 0.01% |
| Jericho Capital Asset Management L.P. | 2,605,615 | 7.26% | $450.85M | – | 3.73% |
| Morgan Stanley | 2,474,769 | 6.89% | $428.21M | +427,781 | 0.02% |
| Ariel Investments, LLC | 1,665,326 | 4.64% | $288.15M | −796,983 | 2.87% |
| Vanguard Portfolio Management LLC | 1,515,158 | 4.22% | $262.17M | −26,609 | 0.01% |
| Sands Capital Management, LLC | 1,358,321 | 3.78% | $235.03M | New | 0.87% |
| Vanguard Capital Management LLC | 1,184,648 | 3.30% | $204.98M | −16,112 | 0.00% |
| State Street Corp | 1,081,969 | 3.01% | $187.21M | +58,315 | 0.01% |
| FMR LLC | 968,991 | 2.70% | $167.66M | +622,428 | 0.01% |
| Ameriprise Financial Inc | 904,008 | 2.52% | $156.42M | +482,680 | 0.03% |
| Dimensional Fund Advisors LP | 891,801 | 2.48% | $154.31M | −5,785 | 0.03% |
| Assenagon Asset Management S.A. | 813,750 | 2.27% | $140.80M | New | 0.09% |
| Geode Capital Management, LLC | 784,997 | 2.19% | $135.85M | +54,684 | 0.01% |
| Gamco Investors, Inc. Et Al | 765,913 | 2.13% | $132.53M | −28,842 | 1.19% |
| Gilder Gagnon Howe & Co LLC | 557,742 | 1.55% | $96.51M | −3,715 | 1.00% |
| Steadfast Capital Management LP | 550,661 | 1.53% | $95.28M | −161,000 | 2.92% |
| Castle Hook Partners LP | 522,039 | 1.45% | $90.33M | New | 0.41% |
| Gabelli Funds LLC | 507,030 | 1.41% | $87.73M | −15,306 | 0.56% |
| Healthcare Of Ontario Pension Plan Trust Fund | 479,164 | 1.33% | $82.91M | −44,770 | 0.12% |
| T. Rowe Price Investment Management, Inc. | 462,772 | 1.29% | $80.07K | +18,009 | 0.05% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 417 | 37M | 100.0% | 96 / 129 | 139 / 52 | 8M | 5M |
| Q1 2026 | 379 | 35M | 97.1% | 103 / 111 | 111 / 35 | 11M | 6M |
| Q4 2025 | 318 | 33M | 92.7% | 88 / 95 | 89 / 29 | 8M | 8M |
| Q3 2025 | 260 | 33M | 93.2% | 62 / 66 | 85 / 23 | 5M | 7M |
| Q2 2025 | 223 | 36M | 99.5% | 43 / 78 | 53 / 31 | 4M | 4M |
| Q1 2025 | 212 | 36M | 100.0% | 25 / 66 | 66 / 34 | 5M | 3M |
| Q4 2024 | 225 | 34M | 94.6% | 41 / 76 | 66 / 27 | 5M | 4M |
| Q3 2024 | 214 | 32M | 90.1% | 46 / 59 | 65 / 38 | 5M | 4M |
| Q2 2024 | 210 | 33M | 91.3% | 41 / 72 | 53 / 39 | 5M | 5M |
| Q1 2024 | 209 | 32M | 89.9% | 43 / 63 | 59 / 35 | 4M | 4M |
| Q4 2023 | 201 | 33M | 91.5% | 40 / 71 | 55 / 31 | 9M | 4M |
| Q3 2023 | 195 | 28M | 78.3% | 43 / 53 | 62 / 25 | 5M | 5M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of SPHR | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 1,620,657 | 4.51% | $280.42M | 0.25% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 826,594 | 2.30% | $143.03M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 711,867 | 1.98% | $123.17M | 0.15% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 597,260 | 1.66% | $103.34M | 0.05% | Jun 30, 2026 |
| Ariel Fund | 471,750 | 1.31% | $81.63M | 2.82% | Jun 30, 2026 |
| Columbia Small Cap Growth Fund | 434,096 | 1.21% | $60.11M | 1.64% | May 31, 2026 |
| Vanguard Small-Cap Growth Index Fund | 343,843 | 0.96% | $59.50M | 0.13% | Jun 30, 2026 |
| 1290 VT GAMCO Small Company Value Portfolio | 331,000 | 0.92% | $57.27M | 1.28% | Jun 30, 2026 |
| Neuberger Long Short Fund | 319,819 | 0.89% | $45.81M | 0.62% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 308,305 | 0.86% | $53.35M | 0.05% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 303,244 | 0.84% | $43.44M | 0.13% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 260,014 | 0.72% | $44.99M | 0.31% | Jun 30, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 247,796 | 0.69% | $42.88M | 0.41% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 246,130 | 0.69% | $42.59M | 0.25% | Jun 30, 2026 |
| iShares S&P Small-Cap 600 Growth ETF | 241,734 | 0.67% | $41.83M | 0.51% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| James Lawrence Dolan | Executive Chairman and CEO, Director, 10% owner | 1,302,813 | 3.63% | Sep 17, 2026 |
| David Granville-Smith | Executive Vice President | 115,385 | 0.32% | Sep 17, 2026 |
| Jennifer Koester | President & COO, Sphere | 54,207 | 0.15% | Sep 17, 2026 |
| Allen M. Lo | EVP & Chief Legal Officer | 0 | – | Apr 1, 2026 |
| Robert H. Langer | EVP, CFO & Treasurer | 10,648 | 0.03% | Mar 17, 2026 |
| Christopher J. Winters | SVP, Controller & PAO | 3,160 | 0.01% | Mar 13, 2026 |
| Laura Franco | EVP & General Counsel | 15,335 | 0.04% | Sep 17, 2025 |
| Gregory Brunner | SVP, Controller & PAO | 2,425 | 0.01% | Sep 17, 2025 |
| Andrea Greenberg | President/CEO-MSG Networks | 98,995 | 0.28% | Mar 14, 2025 |
| Kristin A. Dolan | Director, 10% owner | 1,171,350 | 3.26% | Sep 17, 2026 |
| Ryan Thomas Dolan | Director | 5,422 | 0.02% | Sep 17, 2026 |
| Debra Golding Perelman | Director | 0 | – | Jun 12, 2026 |
| Brian Sweeney | Director | 37,260 | 0.10% | Jun 12, 2026 |
| Marianne Dolan Weber | Director | 11,922 | 0.03% | Jun 12, 2026 |
| Thomas Charles Dolan | Director | 29,355 | 0.08% | Jun 12, 2026 |
| Joel M. Litvin | Director | 0 | – | Jun 12, 2026 |
| Isiah Thomas III | Director | 200 | 0.00% | Jun 12, 2026 |
| John L. Sykes | Director | 0 | – | Jun 12, 2026 |
| Joseph Lhota | Director | 1,327 | 0.00% | Jun 12, 2026 |
| Paul Joseph Dolan | Director | 398 | 0.00% | Jun 12, 2026 |
| Charles P. Dolan | Director | 11,830 | 0.03% | Jun 12, 2026 |
| Vincent Tese | Director | 6,335 | 0.02% | Jun 12, 2026 |
| Quentin F. Dolan | Director | 5,405 | 0.02% | Jun 6, 2025 |
| Charles F. Dolan | Director, 10% owner | 398,070 | 1.11% | Dec 11, 2024 |
| Carl E. Vogel | Director | 0 | – | Dec 11, 2024 |
| Deborah A. Dolan-Sweeney | – | 4,838 | 0.01% | Jun 12, 2026 |
| F. Dolan 2009 Family Trust Fbo Thomas C. Dolan Charles | – | 709,438 | 1.98% | Sep 10, 2025 |
| F. Dolan 2009 Family Trust Fbo Patrick F. Dolan Charles | – | 56,947 | 0.16% | Sep 10, 2025 |
| F. Dolan 2009 Family Trust Fbo Deborah A. Dolan-Sweeney Charles | – | 576,211 | 1.60% | Sep 10, 2025 |
| M. Dolan 2012 Descendants Trust Kathleen | – | 56,947 | 0.16% | Sep 10, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Ryan Thomas Dolan Director | Sep 15, 2026 | Option exercise | +807 | – | – | 5,422 |
| Ryan Thomas Dolan Director | Sep 15, 2026 | Option exercise | +269 | – | – | 4,328 |
| Ryan Thomas Dolan Director | Sep 15, 2026 | Option exercise | +275 | – | – | 4,603 |
| Ryan Thomas Dolan Director | Sep 15, 2026 | Option exercise | +321 | – | – | 4,924 |
| Ryan Thomas Dolan Director | Sep 15, 2026 | Tax withholding | −309 | $144.12 | $44.53K | 4,615 |
| Ryan Thomas Dolan Director | Sep 15, 2026 | Option exercise | +825 | – | – | 6,247 |
| Ryan Thomas Dolan Director | Sep 15, 2026 | Tax withholding | −585 | $144.12 | $84.31K | 5,662 |
| David Granville-Smith Executive Vice President | Sep 15, 2026 | Option exercise | +3,213 | – | – | 115,385 |
| David Granville-Smith Executive Vice President | Sep 15, 2026 | Option exercise | +46,742 | – | – | 103,206 |
| David Granville-Smith Executive Vice President | Sep 15, 2026 | Tax withholding | −14,874 | $144.12 | $2.14M | 94,826 |
| David Granville-Smith Executive Vice President | Sep 15, 2026 | Option exercise | +26,897 | – | – | 109,700 |
| David Granville-Smith Executive Vice President | Sep 15, 2026 | Tax withholding | −32,582 | $144.12 | $4.70M | 82,803 |
| David Granville-Smith Executive Vice President | Sep 15, 2026 | Option exercise | +8,966 | – | – | 112,172 |
| James Lawrence Dolan Executive Chairman and CEO, Director, 10% owner | Sep 15, 2026 | Option exercise | +26,897 | – | – | 1,005,365 |
| James Lawrence Dolan Executive Chairman and CEO, Director, 10% owner | Sep 15, 2026 | Tax withholding | −13,730 | $144.12 | $1.98M | 991,635 |
| James Lawrence Dolan Executive Chairman and CEO, Director, 10% owner | Sep 15, 2026 | Tax withholding | −41,191 | $144.12 | $5.94M | 1,031,133 |
| James Lawrence Dolan Executive Chairman and CEO, Director, 10% owner | Sep 15, 2026 | Option exercise | +80,689 | – | – | 1,072,324 |
| Jennifer Koester President & COO, Sphere | Sep 15, 2026 | Tax withholding | −10,458 | $144.12 | $1.51M | 54,207 |
| Jennifer Koester President & COO, Sphere | Sep 15, 2026 | Option exercise | +11,988 | – | – | 42,906 |
| Jennifer Koester President & COO, Sphere | Sep 15, 2026 | Option exercise | +20,487 | – | – | 64,665 |
| Jennifer Koester President & COO, Sphere | Sep 15, 2026 | Tax withholding | −13,826 | $144.12 | $1.99M | 44,178 |
| Jennifer Koester President & COO, Sphere | Sep 15, 2026 | Option exercise | +8,269 | – | – | 58,004 |
| Jennifer Koester President & COO, Sphere | Sep 15, 2026 | Option exercise | +6,829 | – | – | 49,735 |
| Ryan Thomas Dolan Director | Mar 13, 2026 | Option exercise | +238 | – | – | 4,384 |
| Ryan Thomas Dolan Director | Mar 13, 2026 | Tax withholding | −325 | $105.70 | $34.35K | 4,059 |
| Ryan Thomas Dolan Director | Mar 13, 2026 | Option exercise | +670 | – | – | 4,146 |
| David Granville-Smith Executive Vice President | Mar 13, 2026 | Tax withholding | −3,688 | $105.70 | $389.82K | 56,464 |
| David Granville-Smith Executive Vice President | Mar 13, 2026 | Option exercise | +6,704 | – | – | 60,152 |
| Jennifer Koester President & COO, Sphere | Mar 13, 2026 | Tax withholding | −8,808 | $105.70 | $931.01K | 30,918 |
| Jennifer Koester President & COO, Sphere | Mar 13, 2026 | Option exercise | +17,254 | – | – | 39,726 |
| Robert H. Langer EVP, CFO & Treasurer | Mar 13, 2026 | Option exercise | +10,648 | – | – | 10,648 |
| Robert H. Langer EVP, CFO & Treasurer | Mar 13, 2026 | Tax withholding | −5,416 | $105.70 | $572.47K | 5,232 |
| James Lawrence Dolan Executive Chairman and CEO, Director, 10% owner | Feb 17, 2026 | Tax withholding | −21,670 | $114.71 | $2.49M | 978,468 |
| James Lawrence Dolan Executive Chairman and CEO, Director, 10% owner | Feb 17, 2026 | Option exercise | +54,315 | $67.33 | $3.66M | 1,032,783 |
| James Lawrence Dolan Executive Chairman and CEO, Director, 10% owner | Feb 17, 2026 | Option exercise | +54,315 | $67.33 | $3.66M | 1,087,098 |
| James Lawrence Dolan Executive Chairman and CEO, Director, 10% owner | Feb 17, 2026 | Returned to company | −11,599.5 | $114.71 | $1.33M | 1,075,499 |
| James Lawrence Dolan Executive Chairman and CEO, Director, 10% owner | Feb 17, 2026 | Returned to company | −11,599.5 | $114.71 | $1.33M | 1,063,899 |
| James Lawrence Dolan Executive Chairman and CEO, Director, 10% owner | Feb 17, 2026 | Tax withholding | −63,761 | $114.71 | $7.31M | 1,000,138 |
| David Granville-Smith Executive Vice President | Sep 15, 2025 | Tax withholding | −31,085 | $60.29 | $1.87M | 53,448 |
| David Granville-Smith Executive Vice President | Sep 15, 2025 | Option exercise | +3,213 | – | – | 84,533 |
| David Granville-Smith Executive Vice President | Sep 15, 2025 | Option exercise | +46,742 | – | – | 72,354 |
| David Granville-Smith Executive Vice President | Sep 15, 2025 | Option exercise | +8,966 | – | – | 81,320 |
| Ryan Thomas Dolan Director | Sep 15, 2025 | Option exercise | +494 | – | – | 3,652 |
| Ryan Thomas Dolan Director | Sep 15, 2025 | Tax withholding | −367 | $60.29 | $22.13K | 3,158 |
| Ryan Thomas Dolan Director | Sep 15, 2025 | Option exercise | +321 | – | – | 3,525 |
| Ryan Thomas Dolan Director | Sep 15, 2025 | Option exercise | +275 | – | – | 3,204 |
| Ryan Thomas Dolan Director | Sep 15, 2025 | Option exercise | +269 | – | – | 2,929 |
| Ryan Thomas Dolan Director | Sep 15, 2025 | Option exercise | +165 | – | – | 2,660 |
| Ryan Thomas Dolan Director | Sep 15, 2025 | Tax withholding | −176 | $60.29 | $10.61K | 3,476 |
| Gregory Brunner SVP, Controller & PAO | Sep 15, 2025 | Option exercise | +1,479 | – | – | 2,425 |
| Gregory Brunner SVP, Controller & PAO | Sep 15, 2025 | Tax withholding | −757 | $60.29 | $45.64K | 2,292 |
| Gregory Brunner SVP, Controller & PAO | Sep 15, 2025 | Option exercise | +624 | – | – | 3,049 |
| Laura Franco EVP & General Counsel | Sep 15, 2025 | Option exercise | +1,323 | – | – | 15,335 |
| Laura Franco EVP & General Counsel | Sep 15, 2025 | Tax withholding | −4,318 | $60.29 | $260.33K | 11,017 |
| Laura Franco EVP & General Counsel | Sep 15, 2025 | Option exercise | +8,302 | – | – | 12,919 |
| Laura Franco EVP & General Counsel | Sep 15, 2025 | Option exercise | +1,093 | – | – | 14,012 |
| Jennifer Koester President & COO, Sphere | Sep 15, 2025 | Option exercise | +6,829 | – | – | 28,029 |
| Jennifer Koester President & COO, Sphere | Sep 15, 2025 | Option exercise | +8,269 | – | – | 36,298 |
| Jennifer Koester President & COO, Sphere | Sep 15, 2025 | Tax withholding | −13,826 | $60.29 | $833.57K | 22,472 |
| Jennifer Koester President & COO, Sphere | Sep 15, 2025 | Option exercise | +11,988 | – | – | 21,200 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| F. Dolan 2009 Revocable Trust Charles Director, Affiliate | Mar 26, 2026 | 24,389 | $2.82M | Mar 26, 2026 | Conversion of RSU |
| Andrea Greenberg Former Officer | Nov 25, 2025 | 10,000 | $805.05K | Nov 25, 2025 | Restricted Stock Vesting |
| Laura Franco Former Officer | Nov 12, 2025 | 4,617 | $370.88K | Nov 12, 2025 | Restricted Stock Vesting |
| Andrea Greenberg Former Officer | Nov 7, 2025 | 8,500 | $638.45K | Nov 7, 2025 | Restricted Stock Vesting |
| Andrea Greenberg Former Officer | Nov 4, 2025 | 20,000 | $1.42M | Nov 4, 2025 | Restricted Stock Vesting |
| Andrea Greenberg Former Officer | Sep 18, 2025 | 8,500 | $531.25K | Sep 18, 2025 | Restricted Stock Vesting |
| Andrea Greenberg Former Officer | Sep 11, 2025 | 17,620 | $1.02M | Sep 11, 2025 | Restricted Stock Vesting |
| Charles F. Dolan 2009 Revocable Trust The Other | Mar 10, 2025 | 55,385 | $1.93M | Mar 10, 2025 | See Remarks (1) |
| Andrea Greenberg Officer | Mar 8, 2024 | 12,132 | $618.69K | Mar 8, 2024 | Restricted Stock Vesting |
| James Lawrence Dolan Officer | Feb 27, 2024 | 0 | $0 | Feb 27, 2014 | N/A |
| L. Dolan James Officer | Feb 26, 2024 | 24,284 | $905.06K | Feb 26, 2024 | Compensation -- Restricted Stock Units |
| David F. Byrnes Officer | Feb 13, 2024 | 4,704 | $196.82K | Feb 13, 2024 | Restricted Stock Vesting |