SPX Corp
SPXC
294 hedge funds and large institutions have $3.46B invested in SPX Corp in 2014 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 91 increasing their positions, 114 reducing their positions, and 20 closing their positions.
85% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 20
80% more call options, than puts
Call options by funds: $2.3M | Put options by funds: $1.28M
6% more funds holding
Funds holding: 278 → 294 (+16)
17% less capital invested
Capital invested by funds: $4.15B → $3.46B (-$686M)
20% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 114
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$26.4M |
| 2 |
SC
Sasco Capital
Fairfield,
Connecticut
|
+$25.4M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$23.9M |
| 4 |
Bank of New York Mellon
New York
|
+$21.5M |
| 5 |
Goldman Sachs
New York
|
+$18.3M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ABC
301
Associated Banc-Corp
Green Bay,
Wisconsin
| – | -$573K | -21,046 | Closed |
|
|
TRCT
302
Tower Research Capital (TRC)
New York
| – | -$462K | -16,956 | Closed |
|
|
B
303
Baird
Milwaukee,
Wisconsin
| – | -$448K | -16,432 | Closed |
|
|
TH
304
Timber Hill
Greenwich,
Connecticut
| – | -$341K | -12,513 | Closed |
|
|
BF
305
BOK Financial
Tulsa,
Oklahoma
| – | -$283K | -10,404 | Closed |
|
|
NERM
306
New England Research & Management
Chicago,
Illinois
| – | -$281K | -10,325 | Closed |
|
|
TRIM
307
Thompson Rubinstein Investment Management
Portland,
Oregon
| – | -$229K | -8,415 | Closed |
|
|
TC
308
TradeLink Capital
Chicago,
Illinois
| – | -$209K | -7,692 | Closed |
|
309
Stifel Financial
St. Louis,
Missouri
| – | -$207K | -7,585 | Closed |
|
|
GA
310
Geneva Advisors
Chicago,
Illinois
| – | -$206K | -7,545 | Closed |
|
|
FCBT
311
First Citizens Bank & Trust
Raleigh,
North Carolina
| – | -$203K | -7,450 | Closed |
|
312
Parallax Volatility Advisers
San Francisco,
California
| – | -$95K | -3,498 | Closed |
|
SPXC Hedge Fund Activity: Q3 2014 in Review
294 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in SPX Corp (SPXC) for Q3 2014, worth a combined $3.46B — down 17% from $4.15B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new SPXC positions and 20 closed out — a net gain of 17 holders — while 91 added to existing stakes and 114 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $26.4M. The largest seller was Russell Frank Company, cutting an estimated $51.3M.
- 294 institutional investors held SPX Corp (SPXC) as of Q3 2014, up from 278 in Q2 2014.
- Funds reported $3.46B of SPX Corp stock for Q3 2014, down 17% quarter-over-quarter.
- 37 funds opened new SPX Corp positions in Q3 2014 and 20 closed out, a net change of +17 holders.
- The largest SPX Corp buyer in Q3 2014 was First Trust Advisors, an estimated $26.4M added.
- The largest SPX Corp seller in Q3 2014 was Russell Frank Company, an estimated $51.3M sold.
Based on aggregated 13F filings for Q3 2014.