Superior Energy Services, Inc.
SPN
SPN was delisted on the 17th of September, 2020.
48 hedge funds and large institutions have $4.13M invested in Superior Energy Services, Inc. in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 15 closing their positions.
6% more call options, than puts
Call options by funds: $18K | Put options by funds: $17K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 54 → 48 (-6)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
49% less capital invested
Capital invested by funds: $8.03M → $4.13M (-$3.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$369K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$296K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$237K |
| 4 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$160K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAC
Monarch Alternative Capital
New York
|
-$1.64M |
| 2 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$1.14M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$724K |
| 4 |
Franklin Resources
San Mateo,
California
|
-$204K |
| 5 |
CP
Covalent Partners
Concord,
Massachusetts
|
-$156K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Legal & General Group
London,
United Kingdom
| – | -$2K | -993 | Closed |
|
|
PAM
52
Panagora Asset Management
Boston,
Massachusetts
| – | -$26 | -19 | -83% |
|
|
CFD
53
Creative Financial Designs
Kokomo,
Indiana
| – | +$8 | +6 | New |
|
SPN Hedge Fund Activity: Q2 2020 in Review
48 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Superior Energy Services, Inc. (SPN) for Q2 2020, worth a combined $4.13M — down 49% from $8.03M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SPN and 9 opened new positions — a net loss of 6 holders — while 13 trimmed existing stakes and 8 added.
The largest buyer was Renaissance Technologies, adding an estimated $369K. The largest seller was Monarch Alternative Capital, exiting entirely with an estimated $1.64M sold.
- 48 institutional investors held Superior Energy Services, Inc. (SPN) as of Q2 2020, down from 54 in Q1 2020.
- Funds reported $4.13M of Superior Energy Services, Inc. stock for Q2 2020, down 49% quarter-over-quarter.
- 9 funds opened new Superior Energy Services, Inc. positions in Q2 2020 and 15 closed out, a net change of -6 holders.
- The largest Superior Energy Services, Inc. buyer in Q2 2020 was Renaissance Technologies, an estimated $369K added.
- The largest Superior Energy Services, Inc. seller in Q2 2020 was Monarch Alternative Capital, an estimated $1.64M sold.
Based on aggregated 13F filings for Q2 2020.