Spectrum Brands
143 hedge funds and large institutions have $3.39B invested in Spectrum Brands in 2013 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 37 increasing their positions, 66 reducing their positions, and 23 closing their positions.
480% more call options, than puts
Call options by funds: $21M | Put options by funds: $3.62M
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
17% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 23
16% more capital invested
Capital invested by funds: $2.93B → $3.39B (+$466M)
1% more funds holding
Funds holding: 142 → 143 (+1)
0.21% less ownership
Funds ownership: 98.72% → 98.51% (-0.21%)
44% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCA
Newbrook Capital Advisors
New York
|
+$41.2M |
| 2 |
JP Morgan Chase
New York
|
+$25.4M |
| 3 |
BC
BHR Capital
New York
|
+$21.4M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$11.7M |
| 5 |
BTP
Bloom Tree Partners
New York
|
+$9.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$72M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.5M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$18.2M |
| 4 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$16.1M |
| 5 |
OC
Orange Capital
Manhasset,
New York
|
-$9.59M |
SPB Hedge Fund Activity: Q3 2013 in Review
143 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q3 2013, worth a combined $3.39B — up 16% from $2.93B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SPB positions and 23 closed out — a net gain of 4 holders — while 37 added to existing stakes and 66 trimmed.
The largest buyer was Newbrook Capital Advisors, opening a new position worth an estimated $41.2M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $72M sold.
- 143 institutional investors held Spectrum Brands (SPB) as of Q3 2013, up from 142 in Q2 2013.
- Funds reported $3.39B of Spectrum Brands stock for Q3 2013, up 16% quarter-over-quarter.
- 27 funds opened new Spectrum Brands positions in Q3 2013 and 23 closed out, a net change of +4 holders.
- The largest Spectrum Brands buyer in Q3 2013 was Newbrook Capital Advisors, an estimated $41.2M added.
- The largest Spectrum Brands seller in Q3 2013 was Lord, Abbett & Co, an estimated $72M sold.
Based on aggregated 13F filings for Q3 2013.