Newell Brands
485 hedge funds and large institutions have $3.38B invested in Newell Brands in 2023 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 163 increasing their positions, 175 reducing their positions, and 102 closing their positions.
65% more call options, than puts
Call options by funds: $52.7M | Put options by funds: $31.9M
7% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 175
2.71% less ownership
Funds ownership: 96.2% → 93.49% (-2.7%)
6% less funds holding
Funds holding: 518 → 485 (-33)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
30% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 102
32% less capital invested
Capital invested by funds: $4.94B → $3.38B (-$1.57B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$37.7M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$33.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$33M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$31.5M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
+$28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$146M |
| 2 |
BlackRock
New York
|
-$55.4M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$38.7M |
| 4 |
JP Morgan Chase
New York
|
-$28M |
| 5 |
Millennium Management
New York
|
-$19.4M |
NWL Hedge Fund Activity: Q2 2023 in Review
485 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Newell Brands (NWL) for Q2 2023, worth a combined $3.38B — down 32% from $4.94B a quarter earlier.
Sellers outnumbered buyers: 102 funds closed out of NWL and 71 opened new positions — a net loss of 31 holders — while 175 trimmed existing stakes and 163 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $37.7M. The largest seller was Victory Capital Management, cutting an estimated $146M.
- 485 institutional investors held Newell Brands (NWL) as of Q2 2023, down from 518 in Q1 2023.
- Funds reported $3.38B of Newell Brands stock for Q2 2023, down 32% quarter-over-quarter.
- 71 funds opened new Newell Brands positions in Q2 2023 and 102 closed out, a net change of -31 holders.
- The largest Newell Brands buyer in Q2 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $37.7M added.
- The largest Newell Brands seller in Q2 2023 was Victory Capital Management, an estimated $146M sold.
Based on aggregated 13F filings for Q2 2023.