Stone Bridge Investments Sells Four Horses at Keeneland

September 26, 2023

Stone Bridge Investments sold four yearling offerings at the Keeneland September 2023 Yearling Sale. Our Blake’s Magic 22 colt (Maximum Security) brought the best return, with a sale price of $50,000 vs. a stud fee of $19,080. This 101% gross annualized return ranks as the 8th best in the history of the syndicate. The record for the syndicate remains the sale of his half-sister Blake’s Magic 21 (now named Mitole Magic) at 363%. Judging from these results, Blake’s Magic has become a very valuable asset to Stone Bridge Investments. We continue to hold Blake’s Magic and we own her 2023 colt (Blake’s Magic 23 – Tiz the Law) which, according to Mike Heitzmann is “the best looking one she’s thrown yet.”

Our auction results are as follows:

  • Horse
  • Blake’s Magic 22
  • Duff One 22
  • Kiss is a Kiss
  • Little Hidden Gem 23
  • HIP #
  • 1613
  • 1683
  • 1758
  • 1336
  • Date
  • 9/17/23
  • 9/17/23
  • 9/18/23
  • 9/16/23
  • Purchase Px $
  • 19,080
  • 47,000
  • 65,000
  • 125,000
  • Sale Px $
  • 50,000
  • 40,000
  • 100,000
  • 140,000

SBI had anticipated selling five horses at auction. However, the overall demand at this auction was noticeably weak, and we decided to enter our final horse (Flatter Me Owen 22 – Vekoma) in the upcoming Fasig-Tipton Fall Yearling Sale in Maryland where she is HIP # 405.