Jericho Capital discloses 9.1% Madison Square Garden Entertainment (MSGE) stake

Rhea-AI Filing Summary

Jericho Capital Asset Management L.P. filed Amendment No. 2 to a Schedule 13G reporting a passive ownership stake in Madison Square Garden Entertainment Corp. Class A common stock. Jericho and Josh Resnick each report beneficial ownership of 3,662,724 shares, representing 9.1% of the class as of the reporting date.

They report shared voting and dispositive power over all 3,662,724 shares and no sole power. Jericho is the investment adviser to certain funds and accounts that are entitled to dividends and sale proceeds. The filers certify the position is held in the ordinary course of business and not for the purpose of changing or influencing control, consistent with a passive 13G filing.

Insights

Equity ownership and governance analyst

Large passive holder discloses 9.1% stake in MSGE.

Jericho Capital Asset Management L.P. and Josh Resnick report beneficial ownership of 3,662,724 Madison Square Garden Entertainment Class A shares, equal to 9.1% of the class. All voting and dispositive authority is reported as shared, with no sole control over the position.

The shares are held for certain funds and accounts advised by Jericho, which receive dividends and sale proceeds. The filers certify the stake is held in the ordinary course and not to change or influence control, signaling a passive institutional position rather than an activist campaign based on this disclosure alone.

Future ownership reports or any change from a passive 13G to an activist-style 13D would be notable, but this amendment itself mainly updates the size and structure of an existing significant stake as of 12/31/2025.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Madison Square Garden Entertainment Corp.

(Name of Issuer)

Class A Common Stock, par value $0.01 per share

(Title of Class of Securities)

558256103

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 558256103

1

Names of Reporting Persons

Jericho Capital Asset Management L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,662,724.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,662,724.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,662,724.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.1 %

12

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

CUSIP No. 558256103

1

Names of Reporting Persons

Josh Resnick

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,662,724.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,662,724.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,662,724.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.1 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Madison Square Garden Entertainment Corp.
(b)	Address of issuer's principal executive offices: Two Penn Plaza, New York, New York 10121
Item 2.
(a)	Name of person filing: Jericho Capital Asset Management L.P. Josh Resnick
(b)	Address or principal business office or, if none, residence: Jericho Capital Asset Management L.P. - 510 Madison Avenue, 27th Floor New York, NY 10022 Josh Resnick - c/o Jericho Capital Asset Management, L.P. 510 Madison Avenue, 27th Floor New York, NY 10022
(c)	Citizenship: Please refer to Item 4 on each cover sheet for each reporting person.
(d)	Title of class of securities: Class A Common Stock, par value $0.01 per share
(e)	CUSIP No.: 558256103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Jericho Capital Asset Management LP: 3,662,724 Josh Resnick: 3,662,724
(b)	Percent of class: Jericho Capital Asset Management LP: 9.1% Josh Resnick: 9.1%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Jericho Capital Asset Management LP: 0 Josh Resnick: 0
	(ii) Shared power to vote or to direct the vote: Jericho Capital Asset Management LP: 3,662,724 Josh Resnick: 3,662,724
	(iii) Sole power to dispose or to direct the disposition of: Jericho Capital Asset Management LP: 0 Josh Resnick: 0
	(iv) Shared power to dispose or to direct the disposition of: Jericho Capital Asset Management LP: 3,662,724 Josh Resnick: 3,662,724
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Jericho Capital Asset Management LP is the investment adviser to certain investment funds and accounts which have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Class A Common Stock, reported herein.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Jericho Capital Asset Management L.P.

Signature:	Josh Resnick
Name/Title:	Josh Resnick - Managing Member
Date:	02/17/2026

Josh Resnick

Signature:	Josh Resnick
Name/Title:	Josh Resnick - Individually
Date:	02/17/2026

FAQ

What stake does Jericho Capital report in MSGE Class A shares?

Jericho Capital reports beneficial ownership of 3,662,724 Madison Square Garden Entertainment Corp. Class A shares, equal to 9.1% of the outstanding Class A common stock. This makes Jericho a significant institutional shareholder based on the Schedule 13G/A disclosure.

Who are the reporting persons in this MSGE Schedule 13G/A?

The reporting persons are Jericho Capital Asset Management L.P. and Josh Resnick. Jericho acts as investment adviser to certain funds and accounts holding MSGE shares, and Resnick is identified individually, each reporting the same 3,662,724-share, 9.1% beneficial ownership position.

Is Jericho Capital’s MSGE stake reported as passive or activist?

The stake is reported as passive. The filers certify the MSGE securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control, consistent with the requirements for using Schedule 13G instead of Schedule 13D.

How is voting and dispositive power over MSGE shares allocated?

Both Jericho Capital and Josh Resnick report 0 shares with sole voting or dispositive power and 3,662,724 shares with shared voting and shared dispositive power. This means decisions over these MSGE shares are made jointly rather than by either reporting person alone.

Who ultimately benefits from Jericho Capital’s MSGE holdings?

Jericho Capital acts as investment adviser to certain funds and accounts that hold the MSGE Class A shares. Those investment funds and accounts have the right to receive dividends and proceeds from any sale of the 3,662,724 reported shares, rather than Jericho holding them directly for itself.

What is the relevant date for Jericho Capital’s MSGE ownership in this filing?

The Schedule 13G/A lists 12/31/2025 as the date of the event requiring the filing. This means the reported 3,662,724-share, 9.1% beneficial ownership position in MSGE Class A common stock is measured as of that date for regulatory reporting purposes.