Spectrum Brands
256 hedge funds and large institutions have $1.57B invested in Spectrum Brands in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 85 increasing their positions, 90 reducing their positions, and 92 closing their positions.
0.89% less ownership
Funds ownership: 94.75% → 93.86% (-0.89%)
1% less call options, than puts
Call options by funds: $2.07M | Put options by funds: $2.09M
6% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 90
22% less funds holding
Funds holding: 330 → 256 (-74)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
47% less capital invested
Capital invested by funds: $2.97B → $1.57B (-$1.4B)
75% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$28.6M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$22.8M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$12.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$10.3M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
-$52.4M |
| 2 |
Millennium Management
New York
|
-$35.6M |
| 3 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$33.1M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$24.2M |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$19.8M |
SPB Hedge Fund Activity: Q1 2020 in Review
256 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q1 2020, worth a combined $1.57B — down 47% from $2.97B a quarter earlier.
Sellers outnumbered buyers: 92 funds closed out of SPB and 23 opened new positions — a net loss of 69 holders — while 90 trimmed existing stakes and 85 added.
The largest buyer was American Century Companies, adding an estimated $28.6M. The largest seller was Arlington Value Capital, cutting an estimated $52.4M.
- 256 institutional investors held Spectrum Brands (SPB) as of Q1 2020, down from 330 in Q4 2019.
- Funds reported $1.57B of Spectrum Brands stock for Q1 2020, down 47% quarter-over-quarter.
- 23 funds opened new Spectrum Brands positions in Q1 2020 and 92 closed out, a net change of -69 holders.
- The largest Spectrum Brands buyer in Q1 2020 was American Century Companies, an estimated $28.6M added.
- The largest Spectrum Brands seller in Q1 2020 was Arlington Value Capital, an estimated $52.4M sold.
Based on aggregated 13F filings for Q1 2020.