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Spectrum Brands

246 hedge funds and large institutions have $2.46B invested in Spectrum Brands in 2022 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 82 increasing their positions, 76 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

363% more call options, than puts

Call options by funds: $223M | Put options by funds: $48.3M

167% more funds holding in top 10

Funds holding in top 10: 38 (+5)

61% more capital invested

Capital invested by funds: $1.53B → $2.46B (+$928M)

21% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 43

5.17% more ownership

Funds ownership: 96.29%101.46% (+5.2%)

2% more funds holding

Funds holding: 241246 (+5)

8% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 76

Holders
246
Holders Change
+5
Holders Change %
+2.07%
% of All Funds
3.95%
Holding in Top 10
8
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+166.67%
% of All Funds
0.13%
New
52
Increased
82
Reduced
76
Closed
43
Calls
$223M
Puts
$48.3M
Net Calls
+$175M
Net Calls Change
+$153M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$283M +$3.84M +76,205 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$262M +$9.54M +189,232 +5%
American Century Companies
3
American Century Companies
Missouri
$150M +$3.16M +62,618 +3%
Allspring Global Investments
4
Allspring Global Investments
North Carolina
$124M -$12.1M -239,908 -11%
Invesco
5
Invesco
Georgia
$120M +$38.1M +756,215 +63%
BlackRock
6
BlackRock
New York
$107M +$3.97M +78,788 +5%
CCMLC
7
Cardinal Capital Management LLC (Connecticut)
Connecticut
$78.8M -$3M -59,582 -4%
SHCM
8
Sachem Head Capital Management
New York
$64M +$53M +1,051,000 New
EC
9
Eminence Capital
New York
$60.8M -$45.6M -903,782 -48%
N
10
Nuveen
North Carolina
$60.6M +$46M +912,719 +1,110%
Pzena Investment Management
11
Pzena Investment Management
New York
$60.1M -$3.71M -73,521 -7%
CCM
12
Channing Capital Management
Illinois
$51.9M +$10.3M +204,000 +32%
MCM
13
Moerus Capital Management
New York
$46.5M +$11.2M +221,877 +41%
State Street
14
State Street
Massachusetts
$38.4M +$26.2K +519 +0.1%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$38.1M +$1.66M +32,990 +6%
Wellington Management Group
16
Wellington Management Group
Massachusetts
$36.7M -$1.37M -27,250 -4%
PCM
17
Pentwater Capital Management
Florida
$34.8M +$3.56M +70,634 +14%
Lord, Abbett & Co
18
Lord, Abbett & Co
New Jersey
$34.6M +$3.99M +79,118 +16%
Morgan Stanley
19
Morgan Stanley
New York
$33.3M +$5.6M +111,157 +26%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$33.2M +$1.37M +27,203 +5%
Goldman Sachs
21
Goldman Sachs
New York
$32.6M +$19.1M +379,710 +245%
OCAM
22
Owl Creek Asset Management
New York
$31.7M +$20M +395,759 +318%
SEI Investments
23
SEI Investments
Pennsylvania
$25.3M -$1.09M -21,719 -5%
Norges Bank
24
Norges Bank
Norway
$23M
TSW
25
Thompson Siegel & Walmsley
Virginia
$22.5M -$1.38M -27,468 -7%

SPB Hedge Fund Activity: Q4 2022 in Review

246 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q4 2022, worth a combined $2.46B — up 61% from $1.53B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new SPB positions and 43 closed out — a net gain of 9 holders — while 82 added to existing stakes and 76 trimmed.

The largest buyer was Sachem Head Capital Management, opening a new position worth an estimated $53M. The largest seller was Eminence Capital, cutting an estimated $45.6M.

  • 246 institutional investors held Spectrum Brands (SPB) as of Q4 2022, up from 241 in Q3 2022.
  • Funds reported $2.46B of Spectrum Brands stock for Q4 2022, up 61% quarter-over-quarter.
  • 52 funds opened new Spectrum Brands positions in Q4 2022 and 43 closed out, a net change of +9 holders.
  • The largest Spectrum Brands buyer in Q4 2022 was Sachem Head Capital Management, an estimated $53M added.
  • The largest Spectrum Brands seller in Q4 2022 was Eminence Capital, an estimated $45.6M sold.

Based on aggregated 13F filings for Q4 2022.