Spectrum Brands
222 hedge funds and large institutions have $2.87B invested in Spectrum Brands in 2016 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 73 increasing their positions, 76 reducing their positions, and 19 closing their positions.
105% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 19
85% more call options, than puts
Call options by funds: $10.2M | Put options by funds: $5.54M
15% more capital invested
Capital invested by funds: $2.5B → $2.87B (+$371M)
10% more funds holding
Funds holding: 202 → 222 (+20)
3.16% more ownership
Funds ownership: 41.38% → 44.54% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
4% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 76
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$135M |
| 2 |
NCA
Newbrook Capital Advisors
New York
|
+$33.5M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
+$32.8M |
| 4 |
O
OppenheimerFunds
New York
|
+$29.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$25.4M |
Top Sellers
| 1 |
TCP
Tourbillon Capital Partners
New York
|
-$93.3M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$38.3M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$11.1M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$10.8M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$10.4M |
SPB Hedge Fund Activity: Q1 2016 in Review
222 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q1 2016, worth a combined $2.87B — up 15% from $2.5B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new SPB positions and 19 closed out — a net gain of 20 holders — while 73 added to existing stakes and 76 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $135M. The largest seller was Tourbillon Capital Partners, cutting an estimated $93.3M.
- 222 institutional investors held Spectrum Brands (SPB) as of Q1 2016, up from 202 in Q4 2015.
- Funds reported $2.87B of Spectrum Brands stock for Q1 2016, up 15% quarter-over-quarter.
- 39 funds opened new Spectrum Brands positions in Q1 2016 and 19 closed out, a net change of +20 holders.
- The largest Spectrum Brands buyer in Q1 2016 was Fidelity Investments, an estimated $135M added.
- The largest Spectrum Brands seller in Q1 2016 was Tourbillon Capital Partners, an estimated $93.3M sold.
Based on aggregated 13F filings for Q1 2016.