Spectrum Brands
240 hedge funds and large institutions have $1.54B invested in Spectrum Brands in 2022 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 81 increasing their positions, 71 reducing their positions, and 51 closing their positions.
444% more call options, than puts
Call options by funds: $27M | Put options by funds: $4.96M
14% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 71
8% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 51
2% less funds holding
Funds holding: 246 → 240 (-6)
4.83% less ownership
Funds ownership: 101.1% → 96.27% (-4.8%)
55% less capital invested
Capital invested by funds: $3.38B → $1.54B (-$1.84B)
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$62.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$34.5M |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$32M |
| 4 |
Millennium Management
New York
|
+$24.9M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$21.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$70.2M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$63.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$61.2M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$49.2M |
| 5 |
BGC
Blue Grotto Capital
Atlanta,
Georgia
|
-$32.9M |
SPB Hedge Fund Activity: Q3 2022 in Review
240 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q3 2022, worth a combined $1.54B — down 55% from $3.38B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of SPB and 47 opened new positions — a net loss of 4 holders — while 71 trimmed existing stakes and 81 added.
The largest buyer was Eminence Capital, adding an estimated $62.5M. The largest seller was Fidelity Investments, cutting an estimated $70.2M.
- 240 institutional investors held Spectrum Brands (SPB) as of Q3 2022, down from 246 in Q2 2022.
- Funds reported $1.54B of Spectrum Brands stock for Q3 2022, down 55% quarter-over-quarter.
- 47 funds opened new Spectrum Brands positions in Q3 2022 and 51 closed out, a net change of -4 holders.
- The largest Spectrum Brands buyer in Q3 2022 was Eminence Capital, an estimated $62.5M added.
- The largest Spectrum Brands seller in Q3 2022 was Fidelity Investments, an estimated $70.2M sold.
Based on aggregated 13F filings for Q3 2022.