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Spectrum Brands

143 hedge funds and large institutions have $3.39B invested in Spectrum Brands in 2013 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 37 increasing their positions, 66 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

480% more call options, than puts

Call options by funds: $21M | Put options by funds: $3.62M

50% more funds holding in top 10

Funds holding in top 10: 69 (+3)

17% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 23

16% more capital invested

Capital invested by funds: $2.93B → $3.39B (+$466M)

1% more funds holding

Funds holding: 142143 (+1)

0.21% less ownership

Funds ownership: 98.72%98.51% (-0.21%)

44% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 66

Holders
143
Holders Change
+1
Holders Change %
+0.7%
% of All Funds
4.64%
Holding in Top 10
9
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+50%
% of All Funds
0.29%
New
27
Increased
37
Reduced
66
Closed
23
Calls
$21M
Puts
$3.62M
Net Calls
+$17.4M
Net Calls Change
+$17.6M
Name Holding Trade Value Shares
Change
Change in
Stake
HH
1
Harbinger Holdings
New York
$2.03B
LCG
2
Luxor Capital Group
New York
$151M -$353K -5,778 -0.3%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$105M -$467K -7,639 -0.5%
CCP
4
Cyrus Capital Partners
New York
$96M +$8.62M +141,073 +11%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$81.1M -$7.7M -126,048 -9%
Vanguard Group
6
Vanguard Group
Pennsylvania
$75.4M -$109K -1,781 -0.2%
Goldman Sachs
7
Goldman Sachs
New York
$70.4M +$9.28M +151,897 +17%
NCA
8
Newbrook Capital Advisors
New York
$44.4M +$41.2M +674,986 New
GCM
9
GoodHaven Capital Management
New Jersey
$43.7M -$2.27M -37,190 -5%
BIT
10
BlackRock Institutional Trust
California
$38.9M -$1.11M -18,182 -3%
Wells Fargo
11
Wells Fargo
California
$38M -$2.88M -47,197 -8%
BFA
12
BlackRock Fund Advisors
California
$37M +$4M +65,418 +13%
JP Morgan Chase
13
JP Morgan Chase
New York
$36.8M +$25.4M +416,463 +291%
KAM
14
Keeley Asset Management
Illinois
$33.1M -$733K -12,000 -2%
OC
15
Orange Capital
New York
$26.4M -$9.59M -156,898 -28%
Renaissance Technologies
16
Renaissance Technologies
New York
$26.3M +$6.57M +107,500 +37%
State Street
17
State Street
Massachusetts
$25.8M -$189K -3,088 -0.8%
BC
18
BHR Capital
New York
$23M +$21.4M +350,000 New
Northern Trust
19
Northern Trust
Illinois
$22M -$1.5M -24,574 -7%
SFM
20
Systematic Financial Management
New Jersey
$19.1M -$4.16M -68,114 -19%
BTP
21
Bloom Tree Partners
New York
$19.1M +$9.3M +152,240 +111%
Norges Bank
22
Norges Bank
Norway
$17.8M
KCM
23
Kennedy Capital Management
Missouri
$16.8M +$212K +3,467 +1%
CM
24
Castleark Management
Illinois
$13.5M +$9.13M +149,430 New
American Century Companies
25
American Century Companies
Missouri
$12.6M +$11.7M +191,102 New

SPB Hedge Fund Activity: Q3 2013 in Review

143 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q3 2013, worth a combined $3.39B — up 16% from $2.93B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new SPB positions and 23 closed out — a net gain of 4 holders — while 37 added to existing stakes and 66 trimmed.

The largest buyer was Newbrook Capital Advisors, opening a new position worth an estimated $41.2M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $72M sold.

  • 143 institutional investors held Spectrum Brands (SPB) as of Q3 2013, up from 142 in Q2 2013.
  • Funds reported $3.39B of Spectrum Brands stock for Q3 2013, up 16% quarter-over-quarter.
  • 27 funds opened new Spectrum Brands positions in Q3 2013 and 23 closed out, a net change of +4 holders.
  • The largest Spectrum Brands buyer in Q3 2013 was Newbrook Capital Advisors, an estimated $41.2M added.
  • The largest Spectrum Brands seller in Q3 2013 was Lord, Abbett & Co, an estimated $72M sold.

Based on aggregated 13F filings for Q3 2013.