Spectrum Brands
191 hedge funds and large institutions have $1.79B invested in Spectrum Brands in 2015 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 76 increasing their positions, 68 reducing their positions, and 35 closing their positions.
235% more call options, than puts
Call options by funds: $13.2M | Put options by funds: $3.95M
12% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 68
0.15% more ownership
Funds ownership: 37.26% → 37.42% (+0.15%)
2% less funds holding
Funds holding: 195 → 191 (-4)
6% less capital invested
Capital invested by funds: $1.9B → $1.79B (-$112M)
11% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 35
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brahman Capital
New York
|
+$184M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$20.4M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$14.3M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$13.8M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$33.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$31.6M |
| 3 |
Millennium Management
New York
|
-$27.4M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$25.9M |
| 5 |
Goldman Sachs
New York
|
-$24.5M |
SPB Hedge Fund Activity: Q1 2015 in Review
191 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q1 2015, worth a combined $1.79B — down 5.9% from $1.9B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of SPB and 31 opened new positions — a net loss of 4 holders — while 68 trimmed existing stakes and 76 added.
The largest buyer was Brahman Capital, opening a new position worth an estimated $184M. The largest seller was Wellington Management Group, exiting entirely with an estimated $33.3M sold.
- 191 institutional investors held Spectrum Brands (SPB) as of Q1 2015, down from 195 in Q4 2014.
- Funds reported $1.79B of Spectrum Brands stock for Q1 2015, down 5.9% quarter-over-quarter.
- 31 funds opened new Spectrum Brands positions in Q1 2015 and 35 closed out, a net change of -4 holders.
- The largest Spectrum Brands buyer in Q1 2015 was Brahman Capital, an estimated $184M added.
- The largest Spectrum Brands seller in Q1 2015 was Wellington Management Group, an estimated $33.3M sold.
Based on aggregated 13F filings for Q1 2015.