SPX Corp
SPXC
278 hedge funds and large institutions have $4.15B invested in SPX Corp in 2014 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 77 increasing their positions, 130 reducing their positions, and 32 closing their positions.
177% more call options, than puts
Call options by funds: $12.5M | Put options by funds: $4.53M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% more capital invested
Capital invested by funds: $3.85B → $4.15B (+$300M)
4% less funds holding
Funds holding: 291 → 278 (-13)
34% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 32
41% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 130
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$44.7M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$41M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$23.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$22.3M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$53.4M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$34.6M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$30.8M |
| 4 |
Millennium Management
New York
|
-$20.1M |
| 5 |
Aristotle Capital Management
Los Angeles,
California
|
-$18.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AW
301
Alpha Windward
Westwood,
Massachusetts
| – | -$444K | -17,949 | Closed |
|
|
QT
302
Quantbot Technologies
New York
| – | -$362K | -14,633 | Closed |
|
|
T
303
TradeWorx
Red Bank,
New Jersey
| – | -$347K | -14,014 | Closed |
|
304
Jane Street
New York
| – | -$327K | -13,212 | Closed |
|
|
TC
305
TFS Capital
West Chester,
Pennsylvania
| – | -$311K | -12,572 | Closed |
|
306
Verition Fund Management
Greenwich,
Connecticut
| – | -$293K | -11,830 | Closed |
|
|
HCM
307
Highbridge Capital Management
New York
| – | -$206K | -8,315 | Closed |
|
|
TFMS
308
Trust & Fiduciary Management Services
Boston,
Massachusetts
| – | -$55K | -2,220 | Closed |
|
|
AUB
309
Atlantic Union Bankshares
Glen Allen,
Virginia
| – | -$26K | -1,199 | Closed |
|
|
IC
310
IKOS CIF
Limassol,
Cyprus
| – | -$19K | -754 | Closed |
|
SPXC Hedge Fund Activity: Q2 2014 in Review
278 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in SPX Corp (SPXC) for Q2 2014, worth a combined $4.15B — up 7.8% from $3.85B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of SPXC and 21 opened new positions — a net loss of 11 holders — while 130 trimmed existing stakes and 77 added.
The largest buyer was Bank of New York Mellon, adding an estimated $44.7M. The largest seller was JP Morgan Chase, cutting an estimated $53.4M.
- 278 institutional investors held SPX Corp (SPXC) as of Q2 2014, down from 291 in Q1 2014.
- Funds reported $4.15B of SPX Corp stock for Q2 2014, up 7.8% quarter-over-quarter.
- 21 funds opened new SPX Corp positions in Q2 2014 and 32 closed out, a net change of -11 holders.
- The largest SPX Corp buyer in Q2 2014 was Bank of New York Mellon, an estimated $44.7M added.
- The largest SPX Corp seller in Q2 2014 was JP Morgan Chase, an estimated $53.4M sold.
Based on aggregated 13F filings for Q2 2014.