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Spectrum Brands

267 hedge funds and large institutions have $3.25B invested in Spectrum Brands in 2023 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 92 increasing their positions, 81 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more funds holding in top 10

Funds holding in top 10: 1018 (+8)

69% more call options, than puts

Call options by funds: $618M | Put options by funds: $366M

23% more capital invested

Capital invested by funds: $2.65B → $3.25B (+$602M)

17% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 35

14% more repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 81

4.4% more ownership

Funds ownership: 97.15%101.56% (+4.4%)

2% more funds holding

Funds holding: 262267 (+5)

Holders
267
Holders Change
+5
Holders Change %
+1.91%
% of All Funds
4.19%
Holding in Top 10
18
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+80%
% of All Funds
0.28%
New
41
Increased
92
Reduced
81
Closed
35
Calls
$618M
Puts
$366M
Net Calls
+$252M
Net Calls Change
-$618K
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
26
Millennium Management
New York
$34.6M +$5.16M +72,339 +20%
CCPM
27
Cooper Creek Partners Management
New York
$33.1M +$30.2M +423,892 New
Bank of America
28
Bank of America
North Carolina
$30.9M +$5.89M +82,600 +26%
CC
29
Clearline Capital
New York
$29.9M +$18.7M +262,250 +217%
SFM
30
Systematic Financial Management
New Jersey
$29.2M -$656K -9,189 -2%
Fidelity International
31
Fidelity International
Bermuda
$28.3M +$18.4M +257,294 +245%
TAL
32
TIG Advisors LLC
New York
$27.1M +$21M +293,945 +553%
SEI Investments
33
SEI Investments
Pennsylvania
$26.9M -$2.43M -34,069 -9%
AllianceBernstein
34
AllianceBernstein
Tennessee
$25.6M +$15.5M +217,084 +196%
Norges Bank
35
Norges Bank
Norway
$25.2M -$1.66M -23,220 -7%
CCM
36
Callodine Capital Management
Massachusetts
$24.6M +$5.57M +78,018 +33%
William Blair Investment Management
37
William Blair Investment Management
Illinois
$23.3M +$406K +5,690 +2%
ER
38
EVR Research
Virginia
$23M +$9.63M +135,000 +84%
FTCM
39
Fir Tree Capital Management
New York
$21.5M -$714K -10,000 -4%
Jane Street
40
Jane Street
New York
$20.7M +$17.3M +241,744 +1,049%
New York State Common Retirement Fund
41
New York State Common Retirement Fund
New York
$20.3M -$73K -1,023 -0.4%
TSW
42
Thompson Siegel & Walmsley
Virginia
$19.6M -$3.31M -46,330 -16%
WMSA
43
Weiss Multi-Strategy Advisers
New York
$19.6M +$1.13M +15,893 +7%
UBS Group
44
UBS Group
Switzerland
$19.5M +$5.05M +70,820 +39%
JCI
45
Jet Capital Investors
New York
$19.5M +$1.43M +20,000 +9%
NM
46
Newtyn Management
New York
$19.5M
PSAMP
47
P. Schoenfeld Asset Management (PSAM)
New York
$17.8M -$19.8M -278,011 -55%
GLA
48
Great Lakes Advisors
Illinois
$17M +$2.47M +34,557 +19%
BGIM
49
Boussard & Gavaudan Investment Management
United Kingdom
$16.7M +$8.59M +120,355 +129%
Truist Financial
50
Truist Financial
North Carolina
$16.3M -$711K -9,964 -5%

SPB Hedge Fund Activity: Q2 2023 in Review

267 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q2 2023, worth a combined $3.25B — up 23% from $2.65B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new SPB positions and 35 closed out — a net gain of 6 holders — while 92 added to existing stakes and 81 trimmed.

The largest buyer was Eminence Capital, adding an estimated $59.5M. The largest seller was Pentwater Capital Management, cutting an estimated $83.6M.

  • 267 institutional investors held Spectrum Brands (SPB) as of Q2 2023, up from 262 in Q1 2023.
  • Funds reported $3.25B of Spectrum Brands stock for Q2 2023, up 23% quarter-over-quarter.
  • 41 funds opened new Spectrum Brands positions in Q2 2023 and 35 closed out, a net change of +6 holders.
  • The largest Spectrum Brands buyer in Q2 2023 was Eminence Capital, an estimated $59.5M added.
  • The largest Spectrum Brands seller in Q2 2023 was Pentwater Capital Management, an estimated $83.6M sold.

Based on aggregated 13F filings for Q2 2023.