Spectrum Brands
192 hedge funds and large institutions have $2.34B invested in Spectrum Brands in 2015 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 82 increasing their positions, 57 reducing their positions, and 39 closing their positions.
328% more call options, than puts
Call options by funds: $6.85M | Put options by funds: $1.6M
44% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 57
31% more capital invested
Capital invested by funds: $1.79B → $2.34B (+$548M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
1.75% more ownership
Funds ownership: 37.42% → 39.17% (+1.7%)
3% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 39
1% more funds holding
Funds holding: 191 → 192 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$75.9M |
| 2 |
BC
Brahman Capital
New York
|
+$61.1M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$59.8M |
| 4 |
LCG
Luxor Capital Group
New York
|
+$45.8M |
| 5 |
TEC
Tiger Eye Capital
Nashville,
Tennessee
|
+$44.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$81.6M |
| 2 |
GAM
Gotham Asset Management
New York
|
-$46.2M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$38.8M |
| 4 |
NCA
Newbrook Capital Advisors
New York
|
-$28.8M |
| 5 |
Millennium Management
New York
|
-$22.9M |
SPB Hedge Fund Activity: Q2 2015 in Review
192 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q2 2015, worth a combined $2.34B — up 31% from $1.79B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new SPB positions and 39 closed out — a net gain of 1 holder — while 82 added to existing stakes and 57 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $75.9M. The largest seller was First Trust Advisors, exiting entirely with an estimated $81.6M sold.
- 192 institutional investors held Spectrum Brands (SPB) as of Q2 2015, up from 191 in Q1 2015.
- Funds reported $2.34B of Spectrum Brands stock for Q2 2015, up 31% quarter-over-quarter.
- 40 funds opened new Spectrum Brands positions in Q2 2015 and 39 closed out, a net change of +1 holder.
- The largest Spectrum Brands buyer in Q2 2015 was Morgan Stanley, an estimated $75.9M added.
- The largest Spectrum Brands seller in Q2 2015 was First Trust Advisors, an estimated $81.6M sold.
Based on aggregated 13F filings for Q2 2015.