Spectrum Brands
252 hedge funds and large institutions have $2.71B invested in Spectrum Brands in 2018 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 79 increasing their positions, 88 reducing their positions, and 68 closing their positions.
359% more call options, than puts
Call options by funds: $108M | Put options by funds: $23.5M
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
3.41% less ownership
Funds ownership: 48.54% → 45.14% (-3.4%)
7% less funds holding
Funds holding: 271 → 252 (-19)
10% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 88
14% less capital invested
Capital invested by funds: $3.14B → $2.71B (-$431M)
24% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$170M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$61.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$58.9M |
| 4 |
ECAU
Everett Capital Advisors (UK)
London,
United Kingdom
|
+$43.8M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$31.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCP
Tourbillon Capital Partners
New York
|
-$136M |
| 2 |
NCA
Newbrook Capital Advisors
New York
|
-$53.8M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$49.5M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$48.8M |
| 5 |
Renaissance Technologies
New York
|
-$46M |
SPB Hedge Fund Activity: Q1 2018 in Review
252 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q1 2018, worth a combined $2.71B — down 14% from $3.14B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of SPB and 52 opened new positions — a net loss of 16 holders — while 88 trimmed existing stakes and 79 added.
The largest buyer was Wells Fargo, adding an estimated $170M. The largest seller was Tourbillon Capital Partners, cutting an estimated $136M.
- 252 institutional investors held Spectrum Brands (SPB) as of Q1 2018, down from 271 in Q4 2017.
- Funds reported $2.71B of Spectrum Brands stock for Q1 2018, down 14% quarter-over-quarter.
- 52 funds opened new Spectrum Brands positions in Q1 2018 and 68 closed out, a net change of -16 holders.
- The largest Spectrum Brands buyer in Q1 2018 was Wells Fargo, an estimated $170M added.
- The largest Spectrum Brands seller in Q1 2018 was Tourbillon Capital Partners, an estimated $136M sold.
Based on aggregated 13F filings for Q1 2018.