Spectrum Brands
194 hedge funds and large institutions have $2.28B invested in Spectrum Brands in 2015 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 69 increasing their positions, 67 reducing their positions, and 34 closing their positions.
75% more call options, than puts
Call options by funds: $19.2M | Put options by funds: $10.9M
71% more funds holding in top 10
Funds holding in top 10: 7 → 12 (+5)
2.75% more ownership
Funds ownership: 39.17% → 41.91% (+2.7%)
1% more funds holding
Funds holding: 192 → 194 (+2)
9% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 34
3% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 67
3% less capital invested
Capital invested by funds: $2.34B → $2.28B (-$59.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$101M |
| 2 |
Morgan Stanley
New York
|
+$73.5M |
| 3 |
TCP
Tourbillon Capital Partners
New York
|
+$44.4M |
| 4 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$42.1M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$26.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$49.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$31.5M |
| 3 |
TEC
Tiger Eye Capital
Nashville,
Tennessee
|
-$28.8M |
| 4 |
Two Sigma Investments
New York
|
-$28.1M |
| 5 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$27.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AGM
226
Alpine Global Management
New York
| – | -$31K | -301 | Closed |
|
227
Walleye Trading
New York
| – | -$31K | -300 | Closed |
|
|
TRCT
228
Tower Research Capital (TRC)
New York
| – | -$5K | -51 | Closed |
|
229
AssetMark Inc
Concord,
California
| – | +$199 | +2 | New |
|
SPB Hedge Fund Activity: Q3 2015 in Review
194 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q3 2015, worth a combined $2.28B — down 2.6% from $2.34B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new SPB positions and 34 closed out — a net gain of 3 holders — while 69 added to existing stakes and 67 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $101M. The largest seller was Luxor Capital Group, exiting entirely with an estimated $49.7M sold.
- 194 institutional investors held Spectrum Brands (SPB) as of Q3 2015, up from 192 in Q2 2015.
- Funds reported $2.28B of Spectrum Brands stock for Q3 2015, down 2.6% quarter-over-quarter.
- 37 funds opened new Spectrum Brands positions in Q3 2015 and 34 closed out, a net change of +3 holders.
- The largest Spectrum Brands buyer in Q3 2015 was First Trust Advisors, an estimated $101M added.
- The largest Spectrum Brands seller in Q3 2015 was Luxor Capital Group, an estimated $49.7M sold.
Based on aggregated 13F filings for Q3 2015.