Spectranetics Corp
SPNC
SPNC was delisted on the 9th of August, 2017.
170 hedge funds and large institutions have $1.57B invested in Spectranetics Corp in 2017 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 51 increasing their positions, 40 reducing their positions, and 31 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 3 → 9 (+6)
81% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 31
34% more capital invested
Capital invested by funds: $1.17B → $1.57B (+$402M)
28% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 40
26% more call options, than puts
Call options by funds: $32.3M | Put options by funds: $25.6M
16% more funds holding
Funds holding: 146 → 170 (+24)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$54.9M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$33.2M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$26.5M |
| 4 |
JP Morgan Chase
New York
|
+$24.9M |
| 5 |
TAL
TIG Advisors LLC
New York
|
+$24.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$164M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$36.4M |
| 3 |
PC
Polar Capital
London,
United Kingdom
|
-$32.3M |
| 4 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$22.4M |
| 5 |
WSC
Wellington Shields & Co
New York
|
-$16.1M |
SPNC Hedge Fund Activity: Q2 2017 in Review
170 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Spectranetics Corp (SPNC) for Q2 2017, worth a combined $1.57B — up 34% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new SPNC positions and 31 closed out — a net gain of 25 holders — while 51 added to existing stakes and 40 trimmed.
The largest buyer was Alpine Associates Management, opening a new position worth an estimated $54.9M. The largest seller was Fidelity Investments, exiting entirely with an estimated $164M sold.
- 170 institutional investors held Spectranetics Corp (SPNC) as of Q2 2017, up from 146 in Q1 2017.
- Funds reported $1.57B of Spectranetics Corp stock for Q2 2017, up 34% quarter-over-quarter.
- 56 funds opened new Spectranetics Corp positions in Q2 2017 and 31 closed out, a net change of +25 holders.
- The largest Spectranetics Corp buyer in Q2 2017 was Alpine Associates Management, an estimated $54.9M added.
- The largest Spectranetics Corp seller in Q2 2017 was Fidelity Investments, an estimated $164M sold.
Based on aggregated 13F filings for Q2 2017.