Superior Energy Services, Inc.
SPN
SPN was delisted on the 17th of September, 2020.
25 hedge funds and large institutions have $1.78M invested in Superior Energy Services, Inc. in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 154 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
86% less funds holding
Funds holding: 178 → 25 (-153)
98% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 154
99% less capital invested
Capital invested by funds: $190M → $1.78M (-$189M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
+$995K |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$512K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$496K |
| 4 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$159K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$158K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$37.2M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$16.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$16.3M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$9.6M |
| 5 |
D.E. Shaw & Co
New York
|
-$7.28M |
SPN Hedge Fund Activity: Q3 2019 in Review
25 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Superior Energy Services, Inc. (SPN) for Q3 2019, worth a combined $1.78M — down 99% from $190M a quarter earlier.
Sellers outnumbered buyers: 154 funds closed out of SPN and 3 opened new positions — a net loss of 151 holders — while 6 trimmed existing stakes and 10 added.
The largest buyer was Huber Capital Management, adding an estimated $995K. The largest seller was BlackRock, exiting entirely with an estimated $37.2M sold.
- 25 institutional investors held Superior Energy Services, Inc. (SPN) as of Q3 2019, down from 178 in Q2 2019.
- Funds reported $1.78M of Superior Energy Services, Inc. stock for Q3 2019, down 99% quarter-over-quarter.
- 3 funds opened new Superior Energy Services, Inc. positions in Q3 2019 and 154 closed out, a net change of -151 holders.
- The largest Superior Energy Services, Inc. buyer in Q3 2019 was Huber Capital Management, an estimated $995K added.
- The largest Superior Energy Services, Inc. seller in Q3 2019 was BlackRock, an estimated $37.2M sold.
Based on aggregated 13F filings for Q3 2019.