Spectrum Brands
267 hedge funds and large institutions have $2.75B invested in Spectrum Brands in 2023 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 65 increasing their positions, 104 reducing their positions, and 42 closing their positions.
71% more call options, than puts
Call options by funds: $102M | Put options by funds: $59.6M
2% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 42
0% more funds holding
Funds holding: 267 → 267 (0)
3.87% less ownership
Funds ownership: 101.56% → 97.68% (-3.9%)
15% less capital invested
Capital invested by funds: $3.25B → $2.75B (-$497M)
38% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 104
44% less funds holding in top 10
Funds holding in top 10: 18 → 10 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$23.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$21.3M |
| 3 |
Goldman Sachs
New York
|
+$17.6M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$13.2M |
| 5 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$8.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$74.8M |
| 2 |
SHCM
Sachem Head Capital Management
New York
|
-$61.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$44.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$37.2M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
-$33.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFM
301
Boothbay Fund Management
New York
| – | -$217K | -2,774 | Closed |
|
|
CCM
302
CAAS Capital Management
New York
| – | -$133K | -1,700 | Closed |
|
|
QT
303
Quantbot Technologies
New York
| – | -$123K | -1,574 | Closed |
|
|
SC
304
Shay Capital
New York
| – | -$78K | -1,000 | Closed |
|
305
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$68.7K | -878 | Closed |
|
|
RI
306
Ridgewood Investments
Springfield,
New Jersey
| – | -$6.63K | -85 | Closed |
|
|
CFO
307
CVA Family Office
Denver,
Colorado
| – | -$1.56K | -20 | Closed |
|
|
DI
308
Disciplined Investments
Tulsa,
Oklahoma
| – | -$546 | -7 | Closed |
|
|
AW
309
Avion Wealth
The Woodlands,
Texas
| – | +$473 | +6 | New |
|
SPB Hedge Fund Activity: Q3 2023 in Review
267 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q3 2023, worth a combined $2.75B — down 15% from $3.25B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new SPB positions and 42 closed out — a net gain of 1 holder — while 65 added to existing stakes and 104 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $23.5M. The largest seller was Eminence Capital, cutting an estimated $74.8M.
- 267 institutional investors held Spectrum Brands (SPB) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $2.75B of Spectrum Brands stock for Q3 2023, down 15% quarter-over-quarter.
- 43 funds opened new Spectrum Brands positions in Q3 2023 and 42 closed out, a net change of +1 holder.
- The largest Spectrum Brands buyer in Q3 2023 was AQR Capital Management, an estimated $23.5M added.
- The largest Spectrum Brands seller in Q3 2023 was Eminence Capital, an estimated $74.8M sold.
Based on aggregated 13F filings for Q3 2023.