Spectrum Brands
SPB
278 hedge funds and large institutions have $2.28B invested in Spectrum Brands in 2020 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 68 increasing their positions, 108 reducing their positions, and 27 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
89% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 27
57% more call options, than puts
Call options by funds: $9.25M | Put options by funds: $5.9M
21% more capital invested
Capital invested by funds: $1.89B → $2.28B (+$390M)
9% more funds holding
Funds holding: 256 → 278 (+22)
1.55% less ownership
Funds ownership: 95.77% → 94.22% (-1.5%)
37% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 108
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
+$39.8M |
| 2 |
SI
Standard Investments
New York
|
+$23.2M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$14.1M |
| 4 |
BGC
Blue Grotto Capital
Atlanta,
Georgia
|
+$13.6M |
| 5 |
Man Group
London,
United Kingdom
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
-$79.8M |
| 2 |
Pzena Investment Management
New York
|
-$26.8M |
| 3 |
Select Equity Group
New York
|
-$22.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$21M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$14.2M |
SPB Hedge Fund Activity: Q3 2020 in Review
278 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q3 2020, worth a combined $2.28B — up 21% from $1.89B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new SPB positions and 27 closed out — a net gain of 24 holders — while 68 added to existing stakes and 108 trimmed.
The largest buyer was Scopus Asset Management, opening a new position worth an estimated $39.8M. The largest seller was Fortress Investment Group, cutting an estimated $79.8M.
- 278 institutional investors held Spectrum Brands (SPB) as of Q3 2020, up from 256 in Q2 2020.
- Funds reported $2.28B of Spectrum Brands stock for Q3 2020, up 21% quarter-over-quarter.
- 51 funds opened new Spectrum Brands positions in Q3 2020 and 27 closed out, a net change of +24 holders.
- The largest Spectrum Brands buyer in Q3 2020 was Scopus Asset Management, an estimated $39.8M added.
- The largest Spectrum Brands seller in Q3 2020 was Fortress Investment Group, an estimated $79.8M sold.
Based on aggregated 13F filings for Q3 2020.