Spok Holdings
SPOK
107 hedge funds and large institutions have $159M invested in Spok Holdings in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 40 reducing their positions, and 22 closing their positions.
1.49% less ownership
Funds ownership: 80.18% → 78.69% (-1.5%)
4% less funds holding
Funds holding: 111 → 107 (-4)
14% less capital invested
Capital invested by funds: $185M → $159M (-$25.4M)
18% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 40
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
54% less call options, than puts
Call options by funds: $44K | Put options by funds: $96K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$5.23M |
| 2 |
JP Morgan Chase
New York
|
+$2.12M |
| 3 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
+$1.07M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$579K |
| 5 |
State Street
Boston,
Massachusetts
|
+$327K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.72M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$1.05M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$959K |
| 4 |
6M
6 Meridian
Wichita,
Kansas
|
-$860K |
| 5 |
BlackRock
New York
|
-$720K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
126
Advisory Services Network
Atlanta,
Georgia
| – | -$1K | -57 | Closed |
|
127
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$75 | +7 | New |
|
|
PFBT
128
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | +$387 | +36 | New |
|
SPOK Hedge Fund Activity: Q1 2020 in Review
107 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Spok Holdings (SPOK) for Q1 2020, worth a combined $159M — down 14% from $185M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of SPOK and 18 opened new positions — a net loss of 4 holders — while 40 trimmed existing stakes and 33 added.
The largest buyer was B. Riley Financial, opening a new position worth an estimated $5.23M. The largest seller was Punch & Associates Investment Management, cutting an estimated $1.72M.
- 107 institutional investors held Spok Holdings (SPOK) as of Q1 2020, down from 111 in Q4 2019.
- Funds reported $159M of Spok Holdings stock for Q1 2020, down 14% quarter-over-quarter.
- 18 funds opened new Spok Holdings positions in Q1 2020 and 22 closed out, a net change of -4 holders.
- The largest Spok Holdings buyer in Q1 2020 was B. Riley Financial, an estimated $5.23M added.
- The largest Spok Holdings seller in Q1 2020 was Punch & Associates Investment Management, an estimated $1.72M sold.
Based on aggregated 13F filings for Q1 2020.