Spectrum Brands
152 hedge funds and large institutions have $4.07B invested in Spectrum Brands in 2014 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 52 increasing their positions, 50 reducing their positions, and 22 closing their positions.
41% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 22
12% more capital invested
Capital invested by funds: $3.64B → $4.07B (+$427M)
6% more funds holding
Funds holding: 144 → 152 (+8)
4% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 50
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
10% less call options, than puts
Call options by funds: $1.57M | Put options by funds: $1.74M
1.1% less ownership
Funds ownership: 97.78% → 96.68% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cyrus Capital Partners
New York
|
+$21.3M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$18.9M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$18.2M |
| 4 |
State Street
Boston,
Massachusetts
|
+$16.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$72M |
| 2 |
OC
Orange Capital
Manhasset,
New York
|
-$28.3M |
| 3 |
BC
BHR Capital
New York
|
-$25.1M |
| 4 |
TCP
Tourbillon Capital Partners
New York
|
-$17.3M |
| 5 |
GCM
GoodHaven Capital Management
Millburn,
New Jersey
|
-$15.9M |
SPB Hedge Fund Activity: Q1 2014 in Review
152 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q1 2014, worth a combined $4.07B — up 12% from $3.64B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SPB positions and 22 closed out — a net gain of 9 holders — while 52 added to existing stakes and 50 trimmed.
The largest buyer was Cyrus Capital Partners, adding an estimated $21.3M. The largest seller was Luxor Capital Group, cutting an estimated $72M.
- 152 institutional investors held Spectrum Brands (SPB) as of Q1 2014, up from 144 in Q4 2013.
- Funds reported $4.07B of Spectrum Brands stock for Q1 2014, up 12% quarter-over-quarter.
- 31 funds opened new Spectrum Brands positions in Q1 2014 and 22 closed out, a net change of +9 holders.
- The largest Spectrum Brands buyer in Q1 2014 was Cyrus Capital Partners, an estimated $21.3M added.
- The largest Spectrum Brands seller in Q1 2014 was Luxor Capital Group, an estimated $72M sold.
Based on aggregated 13F filings for Q1 2014.