Superior Energy Services, Inc.
SPN
SPN was delisted on the 17th of September, 2020.
277 hedge funds and large institutions have $2.38B invested in Superior Energy Services, Inc. in 2017 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 119 increasing their positions, 81 reducing their positions, and 49 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 81
8% less call options, than puts
Call options by funds: $16.8M | Put options by funds: $18.3M
8% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 49
4% less funds holding
Funds holding: 289 → 277 (-12)
15% less capital invested
Capital invested by funds: $2.79B → $2.38B (-$410M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$382M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$21.9M |
| 3 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
+$18.9M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
+$18.3M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$15.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$46M |
| 2 |
Renaissance Technologies
New York
|
-$40.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$38M |
| 4 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$37.3M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$34.9M |
SPN Hedge Fund Activity: Q1 2017 in Review
277 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Superior Energy Services, Inc. (SPN) for Q1 2017, worth a combined $2.38B — down 15% from $2.79B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of SPN and 45 opened new positions — a net loss of 4 holders — while 81 trimmed existing stakes and 119 added.
The largest buyer was BlackRock, adding an estimated $382M. The largest seller was Millennium Management, cutting an estimated $46M.
- 277 institutional investors held Superior Energy Services, Inc. (SPN) as of Q1 2017, down from 289 in Q4 2016.
- Funds reported $2.38B of Superior Energy Services, Inc. stock for Q1 2017, down 15% quarter-over-quarter.
- 45 funds opened new Superior Energy Services, Inc. positions in Q1 2017 and 49 closed out, a net change of -4 holders.
- The largest Superior Energy Services, Inc. buyer in Q1 2017 was BlackRock, an estimated $382M added.
- The largest Superior Energy Services, Inc. seller in Q1 2017 was Millennium Management, an estimated $46M sold.
Based on aggregated 13F filings for Q1 2017.