Spectrum Brands
270 hedge funds and large institutions have $3.26B invested in Spectrum Brands in 2016 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 89 increasing their positions, 87 reducing their positions, and 46 closing their positions.
50% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 46
8% more funds holding
Funds holding: 251 → 270 (+19)
2% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 87
1.92% less ownership
Funds ownership: 46.55% → 44.64% (-1.9%)
14% less capital invested
Capital invested by funds: $3.8B → $3.26B (-$545M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
76% less call options, than puts
Call options by funds: $1.3M | Put options by funds: $5.53M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$86.9M |
| 2 |
RA
Rovida Advisors
Fort Lauderdale,
Florida
|
+$57.6M |
| 3 |
DIGDR
Dynamo Internacional Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$38.8M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$27.9M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$96M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$80M |
| 3 |
BC
Brahman Capital
New York
|
-$74.1M |
| 4 |
Morgan Stanley
New York
|
-$70.6M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$67.2M |
SPB Hedge Fund Activity: Q4 2016 in Review
270 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q4 2016, worth a combined $3.26B — down 14% from $3.8B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new SPB positions and 46 closed out — a net gain of 23 holders — while 89 added to existing stakes and 87 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $86.9M. The largest seller was Citadel Advisors, cutting an estimated $96M.
- 270 institutional investors held Spectrum Brands (SPB) as of Q4 2016, up from 251 in Q3 2016.
- Funds reported $3.26B of Spectrum Brands stock for Q4 2016, down 14% quarter-over-quarter.
- 69 funds opened new Spectrum Brands positions in Q4 2016 and 46 closed out, a net change of +23 holders.
- The largest Spectrum Brands buyer in Q4 2016 was OppenheimerFunds, an estimated $86.9M added.
- The largest Spectrum Brands seller in Q4 2016 was Citadel Advisors, an estimated $96M sold.
Based on aggregated 13F filings for Q4 2016.