Spectrum Brands
272 hedge funds and large institutions have $3.46B invested in Spectrum Brands in 2017 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 110 increasing their positions, 103 reducing their positions, and 48 closing their positions.
57% more call options, than puts
Call options by funds: $56.5M | Put options by funds: $35.9M
7% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 103
0.34% more ownership
Funds ownership: 46.66% → 47% (+0.34%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less funds holding
Funds holding: 292 → 272 (-20)
9% less capital invested
Capital invested by funds: $3.81B → $3.46B (-$355M)
40% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCP
Tourbillon Capital Partners
New York
|
+$287M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$25M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$21.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$19M |
| 5 |
Morgan Stanley
New York
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$57.4M |
| 2 |
BC
Brahman Capital
New York
|
-$34.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$33.4M |
| 4 |
O
OppenheimerFunds
New York
|
-$32.8M |
| 5 |
Goldman Sachs
New York
|
-$26.7M |
SPB Hedge Fund Activity: Q2 2017 in Review
272 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q2 2017, worth a combined $3.46B — down 9.3% from $3.81B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of SPB and 29 opened new positions — a net loss of 19 holders — while 103 trimmed existing stakes and 110 added.
The largest buyer was Tourbillon Capital Partners, opening a new position worth an estimated $287M. The largest seller was Fidelity Investments, cutting an estimated $57.4M.
- 272 institutional investors held Spectrum Brands (SPB) as of Q2 2017, down from 292 in Q1 2017.
- Funds reported $3.46B of Spectrum Brands stock for Q2 2017, down 9.3% quarter-over-quarter.
- 29 funds opened new Spectrum Brands positions in Q2 2017 and 48 closed out, a net change of -19 holders.
- The largest Spectrum Brands buyer in Q2 2017 was Tourbillon Capital Partners, an estimated $287M added.
- The largest Spectrum Brands seller in Q2 2017 was Fidelity Investments, an estimated $57.4M sold.
Based on aggregated 13F filings for Q2 2017.