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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
Lazard Asset Management
151
Lazard Asset Management
New York
$442K +$418K +5,554 New
Manulife (Manufacturers Life Insurance)
152
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$440K +$11.9K +158 +3%
PNC Financial Services Group
153
PNC Financial Services Group
Pennsylvania
$433K -$11.5K -153 -3%
SACTSONJ
154
Supplemental Annuity Collective Trust (SACT) of New Jersey
New Jersey
$423K
CM
155
Capula Management
Cayman Islands
$415K +$392K +5,202 New
VA
156
Vident Advisory
Georgia
$401K +$379K +5,031 New
GC
157
Guggenheim Capital
Illinois
$399K +$377K +5,002 New
Public Employees Retirement Association of Colorado
158
Public Employees Retirement Association of Colorado
Colorado
$390K -$25.4K -337 -6%
AI
159
AdvisorShares Investments
Maryland
$390K -$4.29K -57 -1%
JFG
160
Jefferies Financial Group
New York
$384K +$362K +4,808 New
Marshall Wace
161
Marshall Wace
United Kingdom
$367K +$347K +4,600 New
Teacher Retirement System of Texas
162
Teacher Retirement System of Texas
Texas
$365K +$105K +1,400 +44%
IIM
163
INTECH Investment Management
Florida
$351K +$331K +4,394 New
VOYA Investment Management
164
VOYA Investment Management
Georgia
$349K -$53.7K -713 -14%
Pictet Asset Management
165
Pictet Asset Management
Switzerland
$340K -$34.7K -460 -10%
CB
166
Commerce Bank
Missouri
$335K
MF
167
Magnetar Financial
Illinois
$333K +$314K +4,169 New
Walleye Trading
168
Walleye Trading
New York
$330K +$312K +4,142 New
BFM
169
Boothbay Fund Management
New York
$327K +$309K +4,099 New
GS
170
GTS Securities
New York
$316K -$312K -4,146 -51%
QCM
171
Quantinno Capital Management
New York
$281K +$265K +3,516 New
VCA
172
Verdence Capital Advisors
Maryland
$276K +$39.9K +530 +18%
ONB
173
Old National Bancorp
Indiana
$276K -$498K -6,604 -66%
MSRPS
174
Maryland State Retirement & Pension System
Maryland
$262K
BNP Paribas Financial Markets
175
BNP Paribas Financial Markets
France
$260K +$163K +2,161 +198%

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.