Spectrum Brands
195 hedge funds and large institutions have $1.9B invested in Spectrum Brands in 2014 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 76 increasing their positions, 53 reducing their positions, and 21 closing their positions.
598% more call options, than puts
Call options by funds: $15.9M | Put options by funds: $2.28M
152% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 21
43% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 53
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
18% more funds holding
Funds holding: 165 → 195 (+30)
58.17% less ownership
Funds ownership: 95.43% → 37.26% (-58%)
58% less capital invested
Capital invested by funds: $4.56B → $1.9B (-$2.66B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$53.6M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$43.8M |
| 3 |
Millennium Management
New York
|
+$42.8M |
| 4 |
Two Sigma Investments
New York
|
+$28.1M |
| 5 |
HCM
Highbridge Capital Management
New York
|
+$24.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
Harbinger Holdings
New York
|
-$2.8B |
| 2 |
LCG
Luxor Capital Group
New York
|
-$147M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$57.8M |
| 4 |
CCP
Cyrus Capital Partners
New York
|
-$54.9M |
| 5 |
NCA
Newbrook Capital Advisors
New York
|
-$22M |
SPB Hedge Fund Activity: Q4 2014 in Review
195 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q4 2014, worth a combined $1.9B — down 58% from $4.56B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new SPB positions and 21 closed out — a net gain of 32 holders — while 76 added to existing stakes and 53 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $53.6M. The largest seller was Harbinger Holdings, exiting entirely with an estimated $2.8B sold.
- 195 institutional investors held Spectrum Brands (SPB) as of Q4 2014, up from 165 in Q3 2014.
- Funds reported $1.9B of Spectrum Brands stock for Q4 2014, down 58% quarter-over-quarter.
- 53 funds opened new Spectrum Brands positions in Q4 2014 and 21 closed out, a net change of +32 holders.
- The largest Spectrum Brands buyer in Q4 2014 was Acadian Asset Management, an estimated $53.6M added.
- The largest Spectrum Brands seller in Q4 2014 was Harbinger Holdings, an estimated $2.8B sold.
Based on aggregated 13F filings for Q4 2014.