Spectrum Brands
234 hedge funds and large institutions have $2.31B invested in Spectrum Brands in 2018 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 79 increasing their positions, 82 reducing their positions, and 69 closing their positions.
41% more call options, than puts
Call options by funds: $7.75M | Put options by funds: $5.48M
1.95% more ownership
Funds ownership: 100.15% → 102.1% (+2%)
4% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 82
6% less funds holding
Funds holding: 250 → 234 (-16)
23% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 69
42% less capital invested
Capital invested by funds: $3.99B → $2.31B (-$1.69B)
50% less funds holding in top 10
Funds holding in top 10: 14 → 7 (-7)
Top Buyers
| 1 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
+$176M |
| 2 |
AFG
American Financial Group
Cincinnati,
Ohio
|
+$28.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$20.8M |
| 4 |
Goldman Sachs
New York
|
+$20.3M |
| 5 |
Bank of New York Mellon
New York
|
+$18.5M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$63.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$58.2M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$34.2M |
| 4 |
JP Morgan Chase
New York
|
-$29.3M |
| 5 |
TCP
Tourbillon Capital Partners
New York
|
-$23.6M |
SPB Hedge Fund Activity: Q4 2018 in Review
234 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q4 2018, worth a combined $2.31B — down 42% from $3.99B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of SPB and 53 opened new positions — a net loss of 16 holders — while 82 trimmed existing stakes and 79 added.
The largest buyer was Arlington Value Capital, opening a new position worth an estimated $176M. The largest seller was Fidelity Investments, cutting an estimated $63.7M.
- 234 institutional investors held Spectrum Brands (SPB) as of Q4 2018, down from 250 in Q3 2018.
- Funds reported $2.31B of Spectrum Brands stock for Q4 2018, down 42% quarter-over-quarter.
- 53 funds opened new Spectrum Brands positions in Q4 2018 and 69 closed out, a net change of -16 holders.
- The largest Spectrum Brands buyer in Q4 2018 was Arlington Value Capital, an estimated $176M added.
- The largest Spectrum Brands seller in Q4 2018 was Fidelity Investments, an estimated $63.7M sold.
Based on aggregated 13F filings for Q4 2018.