Barclays PLC Reports 2.345M MSGE Shares; Sole Voting Power on 2.326M

Rhea-AI Filing Summary

Barclays PLC reports beneficial ownership of 2,345,293 shares of Madison Square Garden Entertainment common stock, representing 5.77% of the class. The filing shows Barclays has sole voting and sole dispositive power over 2,325,765 shares and shared voting and dispositive power over 19,528 shares. The statement includes a certification that the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

The reporting person is classified as HC and lists relevant subsidiaries as Barclays Bank PLC, Barclays Capital Inc and Barclays Capital Securities Ltd. Other items in the schedule, including ownership on behalf of another person, are marked Not Applicable.

Positive

• Beneficial ownership of 2,345,293 shares (5.77%) of MSGE disclosed
• Sole voting and dispositive power over 2,325,765 shares, with only 19,528 shares shared
• Filing includes certification that holdings are ordinary-course and not intended to change or influence control

Negative

• None.

Insights

Financial Analyst

TL;DR: Barclays holds a material 5.77% stake in MSGE, disclosed as ordinary-course holdings with no stated intent to change control.

The Schedule 13G discloses a significant institutional position of 2,345,293 shares, or 5.77% of Madison Square Garden Entertainment's common stock. Barclays reports sole voting and dispositive power over the bulk of the position (2,325,765 shares) with a small shared component (19,528). The filing includes an express certification that the stake is held in the ordinary course of business and not for the purpose of influencing control, which aligns with a passive institutional holding rather than an active activist intent. For investors, the entry of a major bank as a >5% holder is material disclosure but the filing contains no operating or financial detail that changes the company fundamentals.

Corporate Governance Expert

TL;DR: A non-control institutional stake of 5.77% is disclosed; governance impact appears limited given the ordinary-course certification.

The reporting shows Barclays PLC as a HC reporting person and identifies related entities that acquired the securities. The certification in Item 10 explicitly states the securities are not held to change or influence control, which is consistent with filing on Schedule 13G rather than Schedule 13D. While a >5% ownership is material and will be monitored by boards and governance teams, the filing contains no indication of intentions to seek board seats or push governance changes. The presence of sole voting power for most shares is a voting-power fact, but without a stated change-in-control purpose it signals disclosure rather than a governance campaign.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

MADISON SQUARE GARDEN ENTERT

(Name of Issuer)

COMMON-STOCK

(Title of Class of Securities)

558256103

(CUSIP Number)

06/30/2025

(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

Barclays PLC

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 KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,325,765.00
6	Shared Voting Power 19,528.00
7	Sole Dispositive Power 2,325,765.00
8	Shared Dispositive Power 19,528.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,345,293.00

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)

5.77 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MADISON SQUARE GARDEN ENTERT
(b)	Address of issuer's principal executive offices: Two Pennsylvania Plaza, NY, 10121
Item 2.
(a)	Name of person filing: Barclays PLC
(b)	Address or principal business office or, if none, residence: 1 Churchill Place, London - E14 5HP
(c)	Citizenship: X0
(d)	Title of class of securities: COMMON-STOCK
(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: 2345293
(b)	Percent of class: 5.77 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2325765
	(ii) Shared power to vote or to direct the vote: 19528
	(iii) Sole power to dispose or to direct the disposition of: 2325765
	(iv) Shared power to dispose or to direct the disposition of: 19528
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Barclays Bank PLC, Barclays Capital Inc, Barclays Capital Securities Ltd
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.

Barclays PLC

Signature:	Ramya Rao
Name/Title:	Director
Date:	08/12/2025

FAQ

How many MSGE shares does Barclays PLC report owning?

Barclays PLC reports beneficial ownership of 2,345,293 shares of Madison Square Garden Entertainment common stock.

What percentage of MSGE does Barclays' holding represent?

The reported stake represents 5.77% of the class of Madison Square Garden Entertainment common stock.

What voting and dispositive power does Barclays report for MSGE shares?

Barclays reports sole voting power and sole dispositive power over 2,325,765 shares, and shared voting and dispositive power over 19,528 shares.

Does the filing state Barclays intends to influence control of MSGE?

No. The filing includes a certification that the securities are held in the ordinary course of business and were not acquired or are not held to change or influence control.

Which Barclays subsidiaries are identified in the filing?

The filing identifies Barclays Bank PLC, Barclays Capital Inc and Barclays Capital Securities Ltd as relevant subsidiaries.