Spectrum Brands
159 hedge funds and large institutions have $4.39B invested in Spectrum Brands in 2014 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 57 reducing their positions, and 20 closing their positions.
35% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 20
8% more capital invested
Capital invested by funds: $4.07B → $4.39B (+$320M)
5% more funds holding
Funds holding: 152 → 159 (+7)
2% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 57
0.14% less ownership
Funds ownership: 96.68% → 96.54% (-0.14%)
10% less call options, than puts
Call options by funds: $2.52M | Put options by funds: $2.81M
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$32M |
| 2 |
TCP
Tourbillon Capital Partners
New York
|
+$23.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$21.1M |
| 4 |
Goldman Sachs
New York
|
+$20.5M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cyrus Capital Partners
New York
|
-$33.3M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$31.8M |
| 3 |
State Street
Boston,
Massachusetts
|
-$28.7M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$19.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.3M |
SPB Hedge Fund Activity: Q2 2014 in Review
159 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q2 2014, worth a combined $4.39B — up 7.9% from $4.07B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SPB positions and 20 closed out — a net gain of 7 holders — while 58 added to existing stakes and 57 trimmed.
The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $32M. The largest seller was Cyrus Capital Partners, cutting an estimated $33.3M.
- 159 institutional investors held Spectrum Brands (SPB) as of Q2 2014, up from 152 in Q1 2014.
- Funds reported $4.39B of Spectrum Brands stock for Q2 2014, up 7.9% quarter-over-quarter.
- 27 funds opened new Spectrum Brands positions in Q2 2014 and 20 closed out, a net change of +7 holders.
- The largest Spectrum Brands buyer in Q2 2014 was Loomis, Sayles & Company, an estimated $32M added.
- The largest Spectrum Brands seller in Q2 2014 was Cyrus Capital Partners, an estimated $33.3M sold.
Based on aggregated 13F filings for Q2 2014.