Spectrum Brands
202 hedge funds and large institutions have $2.5B invested in Spectrum Brands in 2015 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 70 increasing their positions, 70 reducing their positions, and 29 closing their positions.
29% more call options, than puts
Call options by funds: $17.8M | Put options by funds: $13.8M
28% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 29
10% more capital invested
Capital invested by funds: $2.28B → $2.5B (+$218M)
4% more funds holding
Funds holding: 194 → 202 (+8)
0% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 70
0.54% less ownership
Funds ownership: 41.91% → 41.38% (-0.54%)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$45.3M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$37.1M |
| 3 |
TCP
Tourbillon Capital Partners
New York
|
+$30.7M |
| 4 |
CCM
Check Capital Management
Costa Mesa,
California
|
+$18.9M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brahman Capital
New York
|
-$60.5M |
| 2 |
CCP
Cyrus Capital Partners
New York
|
-$52.3M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$41.3M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$22.2M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$16.6M |
SPB Hedge Fund Activity: Q4 2015 in Review
202 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q4 2015, worth a combined $2.5B — up 9.5% from $2.28B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new SPB positions and 29 closed out — a net gain of 8 holders — while 70 added to existing stakes and 70 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $45.3M. The largest seller was Brahman Capital, cutting an estimated $60.5M.
- 202 institutional investors held Spectrum Brands (SPB) as of Q4 2015, up from 194 in Q3 2015.
- Funds reported $2.5B of Spectrum Brands stock for Q4 2015, up 9.5% quarter-over-quarter.
- 37 funds opened new Spectrum Brands positions in Q4 2015 and 29 closed out, a net change of +8 holders.
- The largest Spectrum Brands buyer in Q4 2015 was Fidelity Investments, an estimated $45.3M added.
- The largest Spectrum Brands seller in Q4 2015 was Brahman Capital, an estimated $60.5M sold.
Based on aggregated 13F filings for Q4 2015.