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Spectrum Brands

262 hedge funds and large institutions have $2.65B invested in Spectrum Brands in 2023 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 82 increasing their positions, 80 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

106% more call options, than puts

Call options by funds: $491M | Put options by funds: $239M

53% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 34

25% more funds holding in top 10

Funds holding in top 10: 810 (+2)

8% more capital invested

Capital invested by funds: $2.46B → $2.65B (+$191M)

7% more funds holding

Funds holding: 246262 (+16)

3% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 80

4.31% less ownership

Funds ownership: 101.46%97.15% (-4.3%)

Holders
262
Holders Change
+16
Holders Change %
+6.5%
% of All Funds
4.18%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.16%
New
52
Increased
82
Reduced
80
Closed
34
Calls
$491M
Puts
$239M
Net Calls
+$253M
Net Calls Change
+$77.6M
Name Holding Trade Value Shares
Change
Change in
Stake
EC
26
Eminence Capital
New York
$24.9M -$39.2M -621,134 -62%
Millennium Management
27
Millennium Management
New York
$24.5M +$8.26M +130,772 +55%
AC
28
Armistice Capital
New York
$23.5M +$2.21M +35,000 +11%
Norges Bank
29
Norges Bank
Norway
$22.9M -$1.99M -31,460 -8%
Bank of America
30
Bank of America
North Carolina
$20.8M +$5.16M +81,634 +35%
TSW
31
Thompson Siegel & Walmsley
Virginia
$19.7M -$4.46M -70,655 -19%
William Blair Investment Management
32
William Blair Investment Management
Illinois
$19.4M +$108K +1,716 +0.6%
Balyasny Asset Management
33
Balyasny Asset Management
Illinois
$19.1M +$18.2M +287,648 +44,735%
FTCM
34
Fir Tree Capital Management
New York
$18.9M +$2.21M +35,000 +14%
New York State Common Retirement Fund
35
New York State Common Retirement Fund
New York
$17.3M +$900K +14,252 +6%
NM
36
Newtyn Management
New York
$16.6M
CCM
37
Callodine Capital Management
Massachusetts
$15.7M +$5.54M +87,708 +58%
WMSA
38
Weiss Multi-Strategy Advisers
New York
$15.6M +$6.37M +100,827 +75%
JCI
39
Jet Capital Investors
New York
$15.2M +$14.5M +230,000 New
Allianz Asset Management
40
Allianz Asset Management
Germany
$14.7M
Truist Financial
41
Truist Financial
North Carolina
$14.5M -$121K -1,921 -0.9%
CIM
42
Confluence Investment Management
Missouri
$13.9M +$1.06M +16,850 +9%
Northern Trust
43
Northern Trust
Illinois
$12.6M +$589K +9,331 +5%
Ameriprise
44
Ameriprise
Minnesota
$12.2M -$247K -3,915 -2%
GLA
45
Great Lakes Advisors
Illinois
$12.2M +$11.6M +183,881 New
UBS Group
46
UBS Group
Switzerland
$11.9M +$3.53M +55,834 +45%
Point72 Asset Management
47
Point72 Asset Management
Connecticut
$11M +$10.5M +166,000 New
ER
48
EVR Research
Virginia
$10.6M -$7.26M -115,000 -42%
Man Group
49
Man Group
United Kingdom
$10.1M -$10.6M -168,540 Closed
ACM
50
AREX Capital Management
New York
$9.27M -$158K -2,500 -2%

SPB Hedge Fund Activity: Q1 2023 in Review

262 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q1 2023, worth a combined $2.65B — up 7.8% from $2.46B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new SPB positions and 34 closed out — a net gain of 18 holders — while 82 added to existing stakes and 80 trimmed.

The largest buyer was Pentwater Capital Management, adding an estimated $41M. The largest seller was Fidelity Investments, cutting an estimated $157M.

  • 262 institutional investors held Spectrum Brands (SPB) as of Q1 2023, up from 246 in Q4 2022.
  • Funds reported $2.65B of Spectrum Brands stock for Q1 2023, up 7.8% quarter-over-quarter.
  • 52 funds opened new Spectrum Brands positions in Q1 2023 and 34 closed out, a net change of +18 holders.
  • The largest Spectrum Brands buyer in Q1 2023 was Pentwater Capital Management, an estimated $41M added.
  • The largest Spectrum Brands seller in Q1 2023 was Fidelity Investments, an estimated $157M sold.

Based on aggregated 13F filings for Q1 2023.