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Spectrum Brands

284 hedge funds and large institutions have $2.5B invested in Spectrum Brands in 2023 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 58 increasing their positions, 118 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 47

46% more call options, than puts

Call options by funds: $76.3M | Put options by funds: $52.1M

6% more funds holding

Funds holding: 267284 (+17)

8.98% less ownership

Funds ownership: 97.68%88.7% (-9%)

9% less capital invested

Capital invested by funds: $2.75B → $2.5B (-$253M)

30% less funds holding in top 10

Funds holding in top 10: 107 (-3)

51% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 118

Holders
284
Holders Change
+17
Holders Change %
+6.37%
% of All Funds
4.14%
Holding in Top 10
7
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-30%
% of All Funds
0.1%
New
69
Increased
58
Reduced
118
Closed
47
Calls
$76.3M
Puts
$52.1M
Net Calls
+$24.1M
Net Calls Change
-$18.5M
Name Holding Trade Value Shares
Change
Change in
Stake
N
51
Nuveen
North Carolina
$8.97M -$83.3M -1,105,362 -91%
USPCM
52
Union Square Park Capital Management
New York
$8.38M -$377K -5,000 -5%
State of Wisconsin Investment Board
53
State of Wisconsin Investment Board
Wisconsin
$8.19M -$3.61M -47,848 -32%
PFC
54
Phocas Financial Corp
California
$7.72M -$2.09M -27,712 -22%
JP Morgan Chase
55
JP Morgan Chase
New York
$7.69M +$813K +10,785 +13%
Assenagon Asset Management
56
Assenagon Asset Management
Luxembourg
$7.61M +$2.27M +30,171 +46%
KTA
57
Keeley-Teton Advisors
Illinois
$7.57M -$476K -6,316 -6%
Squarepoint
58
Squarepoint
New York
$7.5M +$7.09M +94,075 New
Jane Street
59
Jane Street
New York
$7.34M +$2.04M +27,067 +42%
Royal Bank of Canada
60
Royal Bank of Canada
Ontario, Canada
$6.84M -$485K -6,441 -7%
ACM
61
AREX Capital Management
New York
$6.38M -$1.13M -15,000 -16%
RIM
62
Redwood Investment Management
Arizona
$6.07M +$4.2M +55,727 +274%
DZ Bank
63
DZ Bank
Germany
$5.91M +$2.21M +29,357 +66%
Natixis Advisors
64
Natixis Advisors
Massachusetts
$5.84M -$144K -1,917 -3%
California Public Employees Retirement System
65
California Public Employees Retirement System
California
$5.76M -$6.63K -88 -0.1%
UBS AM
66
UBS AM
Illinois
$5.74M -$153K -2,030 -3%
Swiss National Bank
67
Swiss National Bank
Switzerland
$5.61M -$1.5M -19,900 -22%
Connor, Clark & Lunn Investment Management (CC&L)
68
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$5.28M -$2.41M -31,990 -33%
WMSA
69
Weiss Multi-Strategy Advisers
New York
$5.02M -$3.34M -44,338 -41%
GF
70
Gabelli Funds
New York
$4.16M -$2.3M -30,578 -37%
D.E. Shaw & Co
71
D.E. Shaw & Co
New York
$4.15M -$48.7K -647 -1%
SSA
72
Schonfeld Strategic Advisors
New York
$4.1M -$2.27M -30,110 -37%
GCIA
73
Gabelli & Co Investment Advisers
New York
$4.1M -$2.13M -28,270 -35%
Russell Investments Group
74
Russell Investments Group
United Kingdom
$4.09M -$1.22M -16,147 -24%
First Eagle Investment Management
75
First Eagle Investment Management
New York
$3.95M +$3.73M +49,500 New

SPB Hedge Fund Activity: Q4 2023 in Review

284 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q4 2023, worth a combined $2.5B — down 9.2% from $2.75B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new SPB positions and 47 closed out — a net gain of 22 holders — while 58 added to existing stakes and 118 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $42.8M. The largest seller was Nuveen, cutting an estimated $83.3M.

  • 284 institutional investors held Spectrum Brands (SPB) as of Q4 2023, up from 267 in Q3 2023.
  • Funds reported $2.5B of Spectrum Brands stock for Q4 2023, down 9.2% quarter-over-quarter.
  • 69 funds opened new Spectrum Brands positions in Q4 2023 and 47 closed out, a net change of +22 holders.
  • The largest Spectrum Brands buyer in Q4 2023 was Morgan Stanley, an estimated $42.8M added.
  • The largest Spectrum Brands seller in Q4 2023 was Nuveen, an estimated $83.3M sold.

Based on aggregated 13F filings for Q4 2023.