Spectrum Brands
251 hedge funds and large institutions have $3.8B invested in Spectrum Brands in 2016 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 89 increasing their positions, 88 reducing their positions, and 23 closing their positions.
433% more call options, than puts
Call options by funds: $29.4M | Put options by funds: $5.51M
96% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 23
17% more capital invested
Capital invested by funds: $3.25B → $3.8B (+$555M)
10% more funds holding
Funds holding: 229 → 251 (+22)
1% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 88
0.73% more ownership
Funds ownership: 45.82% → 46.55% (+0.73%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$46.8M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$35.2M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$34.8M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$23.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCA
Newbrook Capital Advisors
New York
|
-$63.6M |
| 2 |
TCP
Tourbillon Capital Partners
New York
|
-$51.4M |
| 3 |
Millennium Management
New York
|
-$30.9M |
| 4 |
Morgan Stanley
New York
|
-$22.4M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$21.7M |
SPB Hedge Fund Activity: Q3 2016 in Review
251 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q3 2016, worth a combined $3.8B — up 17% from $3.25B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new SPB positions and 23 closed out — a net gain of 22 holders — while 89 added to existing stakes and 88 trimmed.
The largest buyer was Columbia Wanger Asset Management, opening a new position worth an estimated $46.8M. The largest seller was Newbrook Capital Advisors, cutting an estimated $63.6M.
- 251 institutional investors held Spectrum Brands (SPB) as of Q3 2016, up from 229 in Q2 2016.
- Funds reported $3.8B of Spectrum Brands stock for Q3 2016, up 17% quarter-over-quarter.
- 45 funds opened new Spectrum Brands positions in Q3 2016 and 23 closed out, a net change of +22 holders.
- The largest Spectrum Brands buyer in Q3 2016 was Columbia Wanger Asset Management, an estimated $46.8M added.
- The largest Spectrum Brands seller in Q3 2016 was Newbrook Capital Advisors, an estimated $63.6M sold.
Based on aggregated 13F filings for Q3 2016.