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Spectrum Brands

262 hedge funds and large institutions have $2.65B invested in Spectrum Brands in 2023 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 82 increasing their positions, 80 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

106% more call options, than puts

Call options by funds: $491M | Put options by funds: $239M

53% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 34

25% more funds holding in top 10

Funds holding in top 10: 810 (+2)

8% more capital invested

Capital invested by funds: $2.46B → $2.65B (+$191M)

7% more funds holding

Funds holding: 246262 (+16)

3% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 80

4.31% less ownership

Funds ownership: 101.46%97.15% (-4.3%)

Holders
262
Holders Change
+16
Holders Change %
+6.5%
% of All Funds
4.18%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.16%
New
52
Increased
82
Reduced
80
Closed
34
Calls
$491M
Puts
$239M
Net Calls
+$253M
Net Calls Change
+$77.6M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS AM
76
UBS AM
Illinois
$4.66M +$312K +4,947 +8%
Citadel Advisors
77
Citadel Advisors
Florida
$4.45M +$3.49M +55,193 +461%
GCIA
78
Gabelli & Co Investment Advisers
New York
$4.36M +$395K +6,250 +10%
California Public Employees Retirement System
79
California Public Employees Retirement System
California
$4.14M -$2.08M -33,000 -35%
Group One Trading
80
Group One Trading
Illinois
$3.98M +$2.54M +40,301 +204%
Capital Fund Management (CFM)
81
Capital Fund Management (CFM)
France
$3.89M +$3.71M +58,764 New
RA
82
Royce & Associates
New York
$3.85M +$1.05M +16,700 +40%
TAL
83
TIG Advisors LLC
New York
$3.52M +$3.36M +53,175 New
California State Teachers Retirement System (CalSTRS)
84
California State Teachers Retirement System (CalSTRS)
California
$3.36M -$78.2K -1,238 -2%
CM
85
Crestline Management
Texas
$3.31M -$4.42M -70,000 -58%
CS
86
Credit Suisse
Switzerland
$3.19M +$104K +1,639 +4%
JP Morgan Chase
87
JP Morgan Chase
New York
$3.15M -$1.68M -26,604 -36%
CM
88
Caption Management
Oklahoma
$3.11M +$1.71M +27,000 +135%
PI
89
PEAK6 Investments
Illinois
$3.05M -$4.77M -75,521 -62%
RhumbLine Advisers
90
RhumbLine Advisers
Massachusetts
$2.87M -$27K -428 -1%
State Board of Administration of Florida Retirement System
91
State Board of Administration of Florida Retirement System
Florida
$2.86M -$162K -2,560 -6%
CC
92
Centiva Capital
New York
$2.74M +$2.62M +41,450 New
MC
93
Maverick Capital
Texas
$2.65M +$2.52M +39,970 New
Nomura Holdings
94
Nomura Holdings
Japan
$2.64M +$2.51M +39,797 New
USPCM
95
Union Square Park Capital Management
New York
$2.63M
Marshall Wace
96
Marshall Wace
United Kingdom
$2.44M +$2.33M +36,903 New
Wolverine Trading
97
Wolverine Trading
Illinois
$2.42M +$1.59M +25,177 +200%
CL
98
CSS LLC
Illinois
$2.42M -$505K -8,000 -18%
State of New Jersey Common Pension Fund D
99
State of New Jersey Common Pension Fund D
New Jersey
$2.41M -$651K -10,301 -22%
Legal & General Group
100
Legal & General Group
United Kingdom
$2.4M +$90.9K +1,439 +4%

SPB Hedge Fund Activity: Q1 2023 in Review

262 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q1 2023, worth a combined $2.65B — up 7.8% from $2.46B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new SPB positions and 34 closed out — a net gain of 18 holders — while 82 added to existing stakes and 80 trimmed.

The largest buyer was Pentwater Capital Management, adding an estimated $41M. The largest seller was Fidelity Investments, cutting an estimated $157M.

  • 262 institutional investors held Spectrum Brands (SPB) as of Q1 2023, up from 246 in Q4 2022.
  • Funds reported $2.65B of Spectrum Brands stock for Q1 2023, up 7.8% quarter-over-quarter.
  • 52 funds opened new Spectrum Brands positions in Q1 2023 and 34 closed out, a net change of +18 holders.
  • The largest Spectrum Brands buyer in Q1 2023 was Pentwater Capital Management, an estimated $41M added.
  • The largest Spectrum Brands seller in Q1 2023 was Fidelity Investments, an estimated $157M sold.

Based on aggregated 13F filings for Q1 2023.