Spectrum Brands
284 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, 100 reducing their positions, and 38 closing their positions.
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: 284 → 284 (0)
2.53% less ownership
Funds ownership: 93.51% → 90.98% (-2.5%)
9% less capital invested
Capital invested by funds: $2.52B → $2.28B (-$239M)
14% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 100
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
+$21.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$13.4M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12.6M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.4M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$57.7M |
| 2 |
MCM
Moerus Capital Management
New York
|
-$29.9M |
| 3 |
OCAM
Owl Creek Asset Management
New York
|
-$18.9M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$16.8M |
| 5 |
Millennium Management
New York
|
-$14.1M |
SPB Hedge Fund Activity: Q2 2024 in Review
284 of the 6,935 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 100 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.
- 284 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.