Spectrum Brands
250 hedge funds and large institutions have $3.99B invested in Spectrum Brands in 2018 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 94 increasing their positions, 57 reducing their positions, and 34 closing their positions.
392% more call options, than puts
Call options by funds: $57.7M | Put options by funds: $11.7M
124% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 34
100% more funds holding in top 10
Funds holding in top 10: 7 → 14 (+7)
72% more capital invested
Capital invested by funds: $2.32B → $3.99B (+$1.68B)
65% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 57
45.76% more ownership
Funds ownership: 54.38% → 100.15% (+46%)
20% more funds holding
Funds holding: 208 → 250 (+42)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFG
Jefferies Financial Group
New York
|
+$637M |
| 2 |
FIG
Fortress Investment Group
New York
|
+$451M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$171M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$142M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$83.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
-$98.3M |
| 2 |
JP Morgan Chase
New York
|
-$47.2M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$43.5M |
| 4 |
TCP
Tourbillon Capital Partners
New York
|
-$28.4M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$25.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
276
Virtu Financial
New York
| – | -$239K | -2,931 | Closed |
|
277
Envestnet Asset Management
Chicago,
Illinois
| – | -$148K | -1,808 | Closed |
|
278
Russell Investments Group
London,
United Kingdom
| – | -$124K | -1,521 | Closed |
|
|
CFN
279
Cordasco Financial Network
Naples,
Florida
| – | -$36K | -440 | Closed |
|
|
GFP
280
Gryphon Financial Partners
Columbus,
Ohio
| – | -$8K | -101 | Closed |
|
|
GCL
281
Glazer Capital LLC
New York
| – | -$8K | -100 | Closed |
|
|
TFS
282
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$3K | -38 | Closed |
|
|
RFC
283
Regions Financial Corp
Birmingham,
Alabama
| – | -$2K | -20 | Closed |
|
|
PIA
284
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$1K | -9 | Closed |
|
SPB Hedge Fund Activity: Q3 2018 in Review
250 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q3 2018, worth a combined $3.99B — up 72% from $2.32B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new SPB positions and 34 closed out — a net gain of 42 holders — while 94 added to existing stakes and 57 trimmed.
The largest buyer was Jefferies Financial Group, opening a new position worth an estimated $637M. The largest seller was Geode Capital Management, cutting an estimated $98.3M.
- 250 institutional investors held Spectrum Brands (SPB) as of Q3 2018, up from 208 in Q2 2018.
- Funds reported $3.99B of Spectrum Brands stock for Q3 2018, up 72% quarter-over-quarter.
- 76 funds opened new Spectrum Brands positions in Q3 2018 and 34 closed out, a net change of +42 holders.
- The largest Spectrum Brands buyer in Q3 2018 was Jefferies Financial Group, an estimated $637M added.
- The largest Spectrum Brands seller in Q3 2018 was Geode Capital Management, an estimated $98.3M sold.
Based on aggregated 13F filings for Q3 2018.