Spectrum Brands
165 hedge funds and large institutions have $4.56B invested in Spectrum Brands in 2014 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 57 increasing their positions, 62 reducing their positions, and 20 closing their positions.
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
4% more funds holding
Funds holding: 159 → 165 (+6)
4% more capital invested
Capital invested by funds: $4.39B → $4.56B (+$172M)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
2% less call options, than puts
Call options by funds: $15.3M | Put options by funds: $15.6M
8% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 62
1.11% less ownership
Funds ownership: 96.54% → 95.43% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$72.8M |
| 2 |
LCG
Luxor Capital Group
New York
|
+$54.9M |
| 3 |
TCP
Tourbillon Capital Partners
New York
|
+$24.3M |
| 4 |
DIGDR
Dynamo Internacional Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$8.43M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$7.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTP
Bloom Tree Partners
New York
|
-$30.8M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$28.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$28.7M |
| 4 |
GCM
GoodHaven Capital Management
Millburn,
New Jersey
|
-$15.8M |
| 5 |
EBSAM
Eubel Brady & Suttman Asset Management
Miamisburg,
Ohio
|
-$12.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Axa
Paris,
France
| – | -$2.8M | -32,500 | Closed |
|
|
HPA
177
Hilltop Park Associates
New York
| – | -$1.72M | -20,000 | Closed |
|
|
MF
178
Magnetar Financial
Evanston,
Illinois
| – | -$1.29M | -15,000 | Closed |
|
|
IMS
179
Index Management Solutions
Philadelphia,
Pennsylvania
| – | -$980K | -11,394 | Closed |
|
180
Two Sigma Advisers
New York
| – | -$398K | -4,630 | Closed |
|
181
Marshall Wace
London,
United Kingdom
| – | -$361K | -4,200 | Closed |
|
|
VKH
182
Virtu KCG Holdings
New York
| – | -$309K | -3,592 | Closed |
|
183
D.E. Shaw & Co
New York
| – | -$277K | -3,225 | Closed |
|
|
TAM
184
Tocqueville Asset Management
New York
| – | -$1K | -17 | Closed |
|
SPB Hedge Fund Activity: Q3 2014 in Review
165 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q3 2014, worth a combined $4.56B — up 3.9% from $4.39B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SPB positions and 20 closed out — a net gain of 6 holders — while 57 added to existing stakes and 62 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $72.8M. The largest seller was Bloom Tree Partners, cutting an estimated $30.8M.
- 165 institutional investors held Spectrum Brands (SPB) as of Q3 2014, up from 159 in Q2 2014.
- Funds reported $4.56B of Spectrum Brands stock for Q3 2014, up 3.9% quarter-over-quarter.
- 26 funds opened new Spectrum Brands positions in Q3 2014 and 20 closed out, a net change of +6 holders.
- The largest Spectrum Brands buyer in Q3 2014 was First Trust Advisors, an estimated $72.8M added.
- The largest Spectrum Brands seller in Q3 2014 was Bloom Tree Partners, an estimated $30.8M sold.
Based on aggregated 13F filings for Q3 2014.