Spectrum Brands
218 hedge funds and large institutions have $2.78B invested in Spectrum Brands in 2019 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 39 increasing their positions, 94 reducing their positions, and 30 closing their positions.
87% more call options, than puts
Call options by funds: $9.09M | Put options by funds: $4.86M
53% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 30
6% more funds holding
Funds holding: 205 → 218 (+13)
4.82% less ownership
Funds ownership: 110.84% → 106.02% (-4.8%)
7% less capital invested
Capital invested by funds: $2.99B → $2.78B (-$208M)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
59% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$26.1M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$22.2M |
| 3 |
Pzena Investment Management
New York
|
+$21.5M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$13.4M |
| 5 |
Goldman Sachs
New York
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$38.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$36.4M |
| 3 |
Bank of New York Mellon
New York
|
-$29.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$22.5M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$20.2M |
SPB Hedge Fund Activity: Q2 2019 in Review
218 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q2 2019, worth a combined $2.78B — down 7% from $2.99B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new SPB positions and 30 closed out — a net gain of 16 holders — while 39 added to existing stakes and 94 trimmed.
The largest buyer was State of New Jersey Common Pension Fund D, opening a new position worth an estimated $26.1M. The largest seller was Wedge Capital Management, exiting entirely with an estimated $38.6M sold.
- 218 institutional investors held Spectrum Brands (SPB) as of Q2 2019, up from 205 in Q1 2019.
- Funds reported $2.78B of Spectrum Brands stock for Q2 2019, down 7% quarter-over-quarter.
- 46 funds opened new Spectrum Brands positions in Q2 2019 and 30 closed out, a net change of +16 holders.
- The largest Spectrum Brands buyer in Q2 2019 was State of New Jersey Common Pension Fund D, an estimated $26.1M added.
- The largest Spectrum Brands seller in Q2 2019 was Wedge Capital Management, an estimated $38.6M sold.
Based on aggregated 13F filings for Q2 2019.