Spectrum Brands
330 hedge funds and large institutions have $2.97B invested in Spectrum Brands in 2019 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 95 increasing their positions, 107 reducing their positions, and 73 closing their positions.
52% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 73
32% more call options, than puts
Call options by funds: $10.6M | Put options by funds: $8.01M
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
11% more funds holding
Funds holding: 298 → 330 (+32)
11% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 107
16.52% less ownership
Funds ownership: 111.27% → 94.75% (-17%)
45% less capital inflows, than outflows
Capital inflows: $429M | Capital outflows: $780M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$51.2M |
| 2 |
Millennium Management
New York
|
+$31.6M |
| 3 |
Pzena Investment Management
New York
|
+$20.2M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$16.3M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jefferies Financial Group
New York
|
-$396M |
| 2 |
FIG
Fortress Investment Group
New York
|
-$57.1M |
| 3 |
Check Capital Management
Costa Mesa,
California
|
-$29.8M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$28.6M |
| 5 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
-$22.6M |
SPB Hedge Fund Activity: Q4 2019 in Review
330 of the 5,094 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q4 2019, worth a combined $2.97B — up 3.7% from $2.86B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new SPB positions and 73 closed out — a net gain of 38 holders — while 95 added to existing stakes and 107 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $51.2M. The largest seller was Jefferies Financial Group, exiting entirely with an estimated $396M sold.
- 330 institutional investors held Spectrum Brands (SPB) as of Q4 2019, up from 298 in Q3 2019.
- Funds reported $2.97B of Spectrum Brands stock for Q4 2019, up 3.7% quarter-over-quarter.
- 111 funds opened new Spectrum Brands positions in Q4 2019 and 73 closed out, a net change of +38 holders.
- The largest Spectrum Brands buyer in Q4 2019 was Truist Financial, an estimated $51.2M added.
- The largest Spectrum Brands seller in Q4 2019 was Jefferies Financial Group, an estimated $396M sold.
Based on aggregated 13F filings for Q4 2019.