SPX Corp
SPXC
272 hedge funds and large institutions have $2.99B invested in SPX Corp in 2015 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 92 increasing their positions, 112 reducing their positions, and 45 closing their positions.
4% less call options, than puts
Call options by funds: $3.11M | Put options by funds: $3.22M
8% less funds holding
Funds holding: 295 → 272 (-23)
18% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 112
31% less capital invested
Capital invested by funds: $4.31B → $2.99B (-$1.32B)
42% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 45
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$117M |
| 2 |
SC
Sasco Capital
Fairfield,
Connecticut
|
+$52M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$41.4M |
| 4 |
Jennison Associates
New York
|
+$37M |
| 5 |
TA
Teachers Advisors
New York
|
+$34.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Americafirst Capital Management
Roseville,
California
|
-$1.27B |
| 2 |
RI
Relational Investors
San Diego,
California
|
-$149M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$55.9M |
| 4 |
JP Morgan Chase
New York
|
-$38.8M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$32.3M |
SPXC Hedge Fund Activity: Q1 2015 in Review
272 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in SPX Corp (SPXC) for Q1 2015, worth a combined $2.99B — down 31% from $4.31B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of SPXC and 26 opened new positions — a net loss of 19 holders — while 112 trimmed existing stakes and 92 added.
The largest buyer was Glenview Capital Management, opening a new position worth an estimated $117M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $1.27B sold.
- 272 institutional investors held SPX Corp (SPXC) as of Q1 2015, down from 295 in Q4 2014.
- Funds reported $2.99B of SPX Corp stock for Q1 2015, down 31% quarter-over-quarter.
- 26 funds opened new SPX Corp positions in Q1 2015 and 45 closed out, a net change of -19 holders.
- The largest SPX Corp buyer in Q1 2015 was Glenview Capital Management, an estimated $117M added.
- The largest SPX Corp seller in Q1 2015 was Americafirst Capital Management, an estimated $1.27B sold.
Based on aggregated 13F filings for Q1 2015.