Spectrum Brands
SPB
256 hedge funds and large institutions have $1.89B invested in Spectrum Brands in 2020 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 74 increasing their positions, 94 reducing their positions, and 40 closing their positions.
77% more call options, than puts
Call options by funds: $5.25M | Put options by funds: $2.97M
21% more capital invested
Capital invested by funds: $1.57B → $1.89B (+$325M)
1.91% more ownership
Funds ownership: 93.86% → 95.77% (+1.9%)
8% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 40
0% more funds holding
Funds holding: 256 → 256 (0)
21% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 94
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$20.5M |
| 2 |
Millennium Management
New York
|
+$15.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.83M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$8.48M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$8.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$25.5M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$20M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.1M |
| 4 |
FIG
Fortress Investment Group
New York
|
-$17.3M |
| 5 |
RA
Rovida Advisors
Fort Lauderdale,
Florida
|
-$17M |
SPB Hedge Fund Activity: Q2 2020 in Review
256 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q2 2020, worth a combined $1.89B — up 21% from $1.57B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new SPB positions and 40 closed out — a net gain of 3 holders — while 74 added to existing stakes and 94 trimmed.
The largest buyer was Select Equity Group, opening a new position worth an estimated $20.5M. The largest seller was Vanguard Group, cutting an estimated $25.5M.
- 256 institutional investors held Spectrum Brands (SPB) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $1.89B of Spectrum Brands stock for Q2 2020, up 21% quarter-over-quarter.
- 43 funds opened new Spectrum Brands positions in Q2 2020 and 40 closed out, a net change of +3 holders.
- The largest Spectrum Brands buyer in Q2 2020 was Select Equity Group, an estimated $20.5M added.
- The largest Spectrum Brands seller in Q2 2020 was Vanguard Group, an estimated $25.5M sold.
Based on aggregated 13F filings for Q2 2020.