Spectrum Brands
285 hedge funds and large institutions have $2.52B invested in Spectrum Brands in 2024 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 62 increasing their positions, 121 reducing their positions, and 45 closing their positions.
77% more call options, than puts
Call options by funds: $31.9M | Put options by funds: $18M
5.12% more ownership
Funds ownership: 88.7% → 93.82% (+5.1%)
7% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 45
1% more capital invested
Capital invested by funds: $2.5B → $2.52B (+$18.9M)
0% more funds holding
Funds holding: 284 → 285 (+1)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
49% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 121
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$46.5M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$24.8M |
| 3 |
Pzena Investment Management
New York
|
+$19.2M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$17.5M |
| 5 |
AC
Armistice Capital
New York
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$46M |
| 2 |
Morgan Stanley
New York
|
-$43.6M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$24.3M |
| 4 |
Barclays
London,
United Kingdom
|
-$21.8M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$19.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
M
326
MOTCO
San Antonio,
Texas
| – | -$239 | -3 | Closed |
|
327
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$160 | -2 | Closed |
|
|
AWM
328
Abound Wealth Management
Franklin,
Tennessee
| – | -$64 | -1 | Closed |
|
SPB Hedge Fund Activity: Q1 2024 in Review
285 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q1 2024, worth a combined $2.52B — up 0.76% from $2.5B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new SPB positions and 45 closed out — a net gain of 3 holders — while 62 added to existing stakes and 121 trimmed.
The largest buyer was Millennium Management, adding an estimated $46.5M. The largest seller was Vanguard Group, cutting an estimated $46M.
- 285 institutional investors held Spectrum Brands (SPB) as of Q1 2024, up from 284 in Q4 2023.
- Funds reported $2.52B of Spectrum Brands stock for Q1 2024, up 0.76% quarter-over-quarter.
- 48 funds opened new Spectrum Brands positions in Q1 2024 and 45 closed out, a net change of +3 holders.
- The largest Spectrum Brands buyer in Q1 2024 was Millennium Management, an estimated $46.5M added.
- The largest Spectrum Brands seller in Q1 2024 was Vanguard Group, an estimated $46M sold.
Based on aggregated 13F filings for Q1 2024.