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Spectrum Brands

267 hedge funds and large institutions have $3.25B invested in Spectrum Brands in 2023 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 92 increasing their positions, 81 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more funds holding in top 10

Funds holding in top 10: 1018 (+8)

69% more call options, than puts

Call options by funds: $618M | Put options by funds: $366M

23% more capital invested

Capital invested by funds: $2.65B → $3.25B (+$602M)

17% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 35

14% more repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 81

4.4% more ownership

Funds ownership: 97.15%101.56% (+4.4%)

2% more funds holding

Funds holding: 262267 (+5)

Holders
267
Holders Change
+5
Holders Change %
+1.91%
% of All Funds
4.19%
Holding in Top 10
18
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+80%
% of All Funds
0.28%
New
41
Increased
92
Reduced
81
Closed
35
Calls
$618M
Puts
$366M
Net Calls
+$252M
Net Calls Change
-$618K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$335M -$4.59M -64,324 -1%
Allspring Global Investments
2
Allspring Global Investments
North Carolina
$169M +$18M +252,286 +13%
Invesco
3
Invesco
Georgia
$143M -$3M -42,032 -2%
BlackRock
4
BlackRock
New York
$137M -$3.56M -49,825 -3%
American Century Companies
5
American Century Companies
Missouri
$113M -$43.9M -615,275 -30%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$108M +$12.3M +172,355 +14%
CCMLC
7
Cardinal Capital Management LLC (Connecticut)
Connecticut
$102M +$3.41M +47,729 +4%
N
8
Nuveen
North Carolina
$98.7M -$1.09M -15,340 -1%
EC
9
Eminence Capital
New York
$94.4M +$59.5M +833,413 +222%
Pzena Investment Management
10
Pzena Investment Management
New York
$86.8M +$12.2M +170,639 +18%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$85.7M -$75.9M -1,064,052 -49%
CCM
12
Channing Capital Management
Illinois
$70.4M +$665K +9,320 +1%
SHCM
13
Sachem Head Capital Management
New York
$61.9M -$51.4M -720,200 -48%
MCM
14
Moerus Capital Management
New York
$51.4M -$5.39M -75,562 -10%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$51.1M -$661K -9,265 -1%
State Street
16
State Street
Massachusetts
$50M -$133K -1,869 -0.3%
AIMCA
17
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$47.5M +$43.4M +608,600 New
Wellington Management Group
18
Wellington Management Group
Massachusetts
$45.3M +$2.62M +36,759 +7%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$45.1M +$1.21M +17,015 +3%
Charles Schwab
20
Charles Schwab
California
$43.9M -$52.2K -731 -0.1%
Morgan Stanley
21
Morgan Stanley
New York
$40.9M +$7.63M +106,876 +26%
Lord, Abbett & Co
22
Lord, Abbett & Co
New Jersey
$39M -$4.05M -56,781 -10%
Point72 Asset Management
23
Point72 Asset Management
Connecticut
$37.3M +$22.3M +312,503 +188%
Balyasny Asset Management
24
Balyasny Asset Management
Illinois
$36.1M +$12.4M +174,224 +60%
OCAM
25
Owl Creek Asset Management
New York
$35.1M +$1.92M +26,844 +6%

SPB Hedge Fund Activity: Q2 2023 in Review

267 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q2 2023, worth a combined $3.25B — up 23% from $2.65B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new SPB positions and 35 closed out — a net gain of 6 holders — while 92 added to existing stakes and 81 trimmed.

The largest buyer was Eminence Capital, adding an estimated $59.5M. The largest seller was Pentwater Capital Management, cutting an estimated $83.6M.

  • 267 institutional investors held Spectrum Brands (SPB) as of Q2 2023, up from 262 in Q1 2023.
  • Funds reported $3.25B of Spectrum Brands stock for Q2 2023, up 23% quarter-over-quarter.
  • 41 funds opened new Spectrum Brands positions in Q2 2023 and 35 closed out, a net change of +6 holders.
  • The largest Spectrum Brands buyer in Q2 2023 was Eminence Capital, an estimated $59.5M added.
  • The largest Spectrum Brands seller in Q2 2023 was Pentwater Capital Management, an estimated $83.6M sold.

Based on aggregated 13F filings for Q2 2023.