Kate Spade & Company
KATE
KATE was delisted on the 11th of July, 2017.
211 hedge funds and large institutions have $2.12B invested in Kate Spade & Company in 2017 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 67 increasing their positions, 80 reducing their positions, and 114 closing their positions.
160% more funds holding in top 10
Funds holding in top 10: 5 → 13 (+8)
97% more call options, than puts
Call options by funds: $55.5M | Put options by funds: $28.2M
16% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 80
24% less funds holding
Funds holding: 279 → 211 (-68)
29% less capital invested
Capital invested by funds: $3B → $2.12B (-$877M)
60% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 114
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$147M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$117M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$112M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$84.3M |
| 5 |
WIC
Water Island Capital
New York
|
+$78.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
-$145M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$133M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$129M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$109M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$104M |
KATE Hedge Fund Activity: Q2 2017 in Review
211 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Kate Spade & Company (KATE) for Q2 2017, worth a combined $2.12B — down 29% from $3B a quarter earlier.
Sellers outnumbered buyers: 114 funds closed out of KATE and 46 opened new positions — a net loss of 68 holders — while 80 trimmed existing stakes and 67 added.
The largest buyer was Gardner Lewis Asset Management, opening a new position worth an estimated $147M. The largest seller was Sachem Head Capital Management, exiting entirely with an estimated $145M sold.
- 211 institutional investors held Kate Spade & Company (KATE) as of Q2 2017, down from 279 in Q1 2017.
- Funds reported $2.12B of Kate Spade & Company stock for Q2 2017, down 29% quarter-over-quarter.
- 46 funds opened new Kate Spade & Company positions in Q2 2017 and 114 closed out, a net change of -68 holders.
- The largest Kate Spade & Company buyer in Q2 2017 was Gardner Lewis Asset Management, an estimated $147M added.
- The largest Kate Spade & Company seller in Q2 2017 was Sachem Head Capital Management, an estimated $145M sold.
Based on aggregated 13F filings for Q2 2017.