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Spectrum Brands

285 hedge funds and large institutions have $2.28B invested in Spectrum Brands in 2024 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 86 increasing their positions, 101 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

103% more call options, than puts

Call options by funds: $77.5M | Put options by funds: $38.2M

13% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 38

0% more funds holding

Funds holding: 285285 (0)

2.53% less ownership

Funds ownership: 93.82%91.29% (-2.5%)

9% less capital invested

Capital invested by funds: $2.52B → $2.28B (-$239M)

15% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 101

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
285
Holders Change
Holders Change %
0%
% of All Funds
4.12%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
43
Increased
86
Reduced
101
Closed
38
Calls
$77.5M
Puts
$38.2M
Net Calls
+$39.4M
Net Calls Change
+$25.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$258M -$9.96M -114,697 -4%
Allspring Global Investments
2
Allspring Global Investments
North Carolina
$173M +$6.89M +79,322 +4%
Invesco
3
Invesco
Georgia
$150M -$384K -4,415 -0.3%
BlackRock
4
BlackRock
New York
$115M -$9M -103,564 -7%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$109M -$3.32M -38,181 -3%
American Century Companies
6
American Century Companies
Missouri
$105M -$11.6M -133,720 -10%
Pzena Investment Management
7
Pzena Investment Management
New York
$102M -$11.2M -128,355 -10%
LSV Asset Management
8
LSV Asset Management
Illinois
$63.6M -$449K -5,170 -0.7%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$57.6M -$13.3M -152,944 -19%
State Street
10
State Street
Massachusetts
$50M -$2.42M -27,832 -5%
Millennium Management
11
Millennium Management
New York
$47.5M -$14.1M -162,363 -23%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$41M -$4.92M -56,646 -11%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$39.8M -$1.15M -13,185 -3%
AIMCA
14
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$39.8M -$16.8M -192,900 -29%
Charles Schwab
15
Charles Schwab
California
$38.6M -$607K -6,986 -2%
AC
16
Armistice Capital
New York
$37.8M +$21.5M +247,809 +129%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$33.6M -$434K -4,992 -1%
Fidelity International
18
Fidelity International
Bermuda
$31.8M -$644K -7,418 -2%
SFM
19
Systematic Financial Management
New Jersey
$27.7M -$1.34M -15,437 -5%
CCM
20
Callodine Capital Management
Massachusetts
$25.9M +$5.78M +66,500 +28%
GLA
21
Great Lakes Advisors
Illinois
$25.6M -$1.45M -16,658 -5%
William Blair Investment Management
22
William Blair Investment Management
Illinois
$23.9M -$10.2M -117,045 -30%
Morgan Stanley
23
Morgan Stanley
New York
$23.6M -$9M -103,617 -27%
Bank of America
24
Bank of America
North Carolina
$21.8M -$25.8K -297 -0.1%
AllianceBernstein
25
AllianceBernstein
Tennessee
$21.5M +$2.29M +26,356 +12%

SPB Hedge Fund Activity: Q2 2024 in Review

285 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Spectrum Brands (SPB) for Q2 2024, worth a combined $2.28B — down 9.5% from $2.52B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new SPB positions and 38 closed out — a net gain of 5 holders — while 86 added to existing stakes and 101 trimmed.

The largest buyer was Armistice Capital, adding an estimated $21.5M. The largest seller was Cardinal Capital Management LLC (Connecticut), cutting an estimated $57.7M.

  • 285 institutional investors held Spectrum Brands (SPB) as of Q2 2024, unchanged from Q1 2024.
  • Funds reported $2.28B of Spectrum Brands stock for Q2 2024, down 9.5% quarter-over-quarter.
  • 43 funds opened new Spectrum Brands positions in Q2 2024 and 38 closed out, a net change of +5 holders.
  • The largest Spectrum Brands buyer in Q2 2024 was Armistice Capital, an estimated $21.5M added.
  • The largest Spectrum Brands seller in Q2 2024 was Cardinal Capital Management LLC (Connecticut), an estimated $57.7M sold.

Based on aggregated 13F filings for Q2 2024.