Spectrum Brands
229 hedge funds and large institutions have $3.25B invested in Spectrum Brands in 2016 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 93 increasing their positions, 76 reducing their positions, and 23 closing their positions.
264% more call options, than puts
Call options by funds: $13.2M | Put options by funds: $3.63M
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
22% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 76
13% more capital invested
Capital invested by funds: $2.87B → $3.25B (+$378M)
3% more funds holding
Funds holding: 222 → 229 (+7)
1.29% more ownership
Funds ownership: 44.54% → 45.82% (+1.3%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$92.7M |
| 2 |
NCA
Newbrook Capital Advisors
New York
|
+$56.4M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$45.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$34.3M |
| 5 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
+$26.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Rovida Advisors
Fort Lauderdale,
Florida
|
-$128M |
| 2 |
BC
Brahman Capital
New York
|
-$43.5M |
| 3 |
Morgan Stanley
New York
|
-$39.1M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$19.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$19.2M |
SPB Hedge Fund Activity: Q2 2016 in Review
229 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q2 2016, worth a combined $3.25B — up 13% from $2.87B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SPB positions and 23 closed out — a net gain of 8 holders — while 93 added to existing stakes and 76 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $92.7M. The largest seller was Rovida Advisors, exiting entirely with an estimated $128M sold.
- 229 institutional investors held Spectrum Brands (SPB) as of Q2 2016, up from 222 in Q1 2016.
- Funds reported $3.25B of Spectrum Brands stock for Q2 2016, up 13% quarter-over-quarter.
- 31 funds opened new Spectrum Brands positions in Q2 2016 and 23 closed out, a net change of +8 holders.
- The largest Spectrum Brands buyer in Q2 2016 was Fidelity Investments, an estimated $92.7M added.
- The largest Spectrum Brands seller in Q2 2016 was Rovida Advisors, an estimated $128M sold.
Based on aggregated 13F filings for Q2 2016.