What to Know About This Fund's $85 Million Lionsgate Buy During a Breakout Quarter
Key takeaways
- According to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Shapiro Capital Management initiated a new position in Lionsgate Studios (NYSE:LION) by acquiring 9,309,570 shares.
- This was a new position; the post-trade stake represents 5.58% of the fund’s 13F reportable assets under management
- As of Friday, shares of Lionsgate Studios were priced at $14.95, up a staggering 123% over the past year and well outperforming the S&P 500, which is instead up about 28%.
CALY TENB FDS ELAN On May 15, 2026, Shapiro Capital Management disclosed a new position in Lionsgate Studios (NYSE:LION), acquiring 9,309,570 shares in an estimated $85.91 million trade based on quarterly average pricing.
According to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Shapiro Capital Management initiated a new position in Lionsgate Studios (NYSE:LION) by acquiring 9,309,570 shares. The estimated transaction value is $85.91 million, based on the average closing price for the first quarter of 2026. The quarter-end value of the position stood at $89.28 million, which reflects both the purchase and price changes during the period.
This was a new position; the post-trade stake represents 5.58% of the fund’s 13F reportable assets under management