SPX Corp
SPXC
173 hedge funds and large institutions have $669M invested in SPX Corp in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 54 increasing their positions, 60 reducing their positions, and 31 closing their positions.
360% more call options, than puts
Call options by funds: $20.8M | Put options by funds: $4.52M
28% more capital invested
Capital invested by funds: $524M → $669M (+$145M)
3.34% less ownership
Funds ownership: 84.74% → 81.41% (-3.3%)
8% less funds holding
Funds holding: 189 → 173 (-16)
10% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 60
48% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 31
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$22.2M |
| 2 |
Credit Agricole
Montrouge Cedex,
France
|
+$16.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.04M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.92M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.98M |
Top Sellers
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$13.6M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$5.74M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.72M |
| 4 |
Morgan Stanley
New York
|
-$4.27M |
| 5 |
BPIM
Brant Point Investment Management
New York
|
-$3.48M |
SPXC Hedge Fund Activity: Q3 2016 in Review
173 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in SPX Corp (SPXC) for Q3 2016, worth a combined $669M — up 28% from $524M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of SPXC and 16 opened new positions — a net loss of 15 holders — while 60 trimmed existing stakes and 54 added.
The largest buyer was Invesco, adding an estimated $22.2M. The largest seller was Envestnet Asset Management, cutting an estimated $13.6M.
- 173 institutional investors held SPX Corp (SPXC) as of Q3 2016, down from 189 in Q2 2016.
- Funds reported $669M of SPX Corp stock for Q3 2016, up 28% quarter-over-quarter.
- 16 funds opened new SPX Corp positions in Q3 2016 and 31 closed out, a net change of -15 holders.
- The largest SPX Corp buyer in Q3 2016 was Invesco, an estimated $22.2M added.
- The largest SPX Corp seller in Q3 2016 was Envestnet Asset Management, an estimated $13.6M sold.
Based on aggregated 13F filings for Q3 2016.