Spectrum Brands
255 hedge funds and large institutions have $2.97B invested in Spectrum Brands in 2017 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 82 increasing their positions, 105 reducing their positions, and 53 closing their positions.
135% more call options, than puts
Call options by funds: $340M | Put options by funds: $145M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
1.47% more ownership
Funds ownership: 47% → 48.47% (+1.5%)
6% less funds holding
Funds holding: 272 → 255 (-17)
14% less capital invested
Capital invested by funds: $3.46B → $2.97B (-$483M)
22% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 105
28% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$68.1M |
| 2 |
Renaissance Technologies
New York
|
+$50.8M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$47.9M |
| 4 |
TCP
Tourbillon Capital Partners
New York
|
+$35.9M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$26.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$45.4M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$35.4M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$26.9M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$22M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$19.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIL
301
AGF Investments LLC
Toronto,
Ontario, Canada
| – | -$45K | -360 | Closed |
|
|
FMA
302
FNY Managed Accounts
New York
| – | -$42K | -337 | Closed |
|
|
PFO
303
Pathstone Family Office
Englewood,
New Jersey
| – | -$36K | -288 | Closed |
|
|
OSAM
304
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$25.2K | -224 | -99% |
|
|
FFC
305
First Financial Corp
Terre Haute,
Indiana
| – | -$16K | -130 | Closed |
|
306
Creative Planning
Overland Park,
Kansas
| – | -$8K | -62 | Closed |
|
|
CAM
307
ClariVest Asset Management
San Diego,
California
| – | -$1K | -7 | Closed |
|
|
LWCFA
308
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | +$562 | +5 | New |
|
SPB Hedge Fund Activity: Q3 2017 in Review
255 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q3 2017, worth a combined $2.97B — down 14% from $3.46B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of SPB and 38 opened new positions — a net loss of 15 holders — while 105 trimmed existing stakes and 82 added.
The largest buyer was Citadel Advisors, adding an estimated $68.1M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $45.4M.
- 255 institutional investors held Spectrum Brands (SPB) as of Q3 2017, down from 272 in Q2 2017.
- Funds reported $2.97B of Spectrum Brands stock for Q3 2017, down 14% quarter-over-quarter.
- 38 funds opened new Spectrum Brands positions in Q3 2017 and 53 closed out, a net change of -15 holders.
- The largest Spectrum Brands buyer in Q3 2017 was Citadel Advisors, an estimated $68.1M added.
- The largest Spectrum Brands seller in Q3 2017 was Manulife (Manufacturers Life Insurance), an estimated $45.4M sold.
Based on aggregated 13F filings for Q3 2017.