SPX Corp
SPXC
183 hedge funds and large institutions have $792M invested in SPX Corp in 2016 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 58 increasing their positions, 64 reducing their positions, and 16 closing their positions.
31,049% more call options, than puts
Call options by funds: $24.6M | Put options by funds: $79K
75% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 16
18% more capital invested
Capital invested by funds: $669M → $792M (+$123M)
6% more funds holding
Funds holding: 173 → 183 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 64
1.68% less ownership
Funds ownership: 81.41% → 79.73% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$12.6M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$11.8M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$9.23M |
| 4 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$7.31M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$6.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AACR
ACR Alpine Capital Research
St. Louis,
Missouri
|
-$20.6M |
| 2 |
Credit Agricole
Montrouge Cedex,
France
|
-$11.7M |
| 3 |
TA
Teachers Advisors
New York
|
-$6.93M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$6.87M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$5.76M |
SPXC Hedge Fund Activity: Q4 2016 in Review
183 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in SPX Corp (SPXC) for Q4 2016, worth a combined $792M — up 18% from $669M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SPXC positions and 16 closed out — a net gain of 12 holders — while 58 added to existing stakes and 64 trimmed.
The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $12.6M. The largest seller was ACR Alpine Capital Research, cutting an estimated $20.6M.
- 183 institutional investors held SPX Corp (SPXC) as of Q4 2016, up from 173 in Q3 2016.
- Funds reported $792M of SPX Corp stock for Q4 2016, up 18% quarter-over-quarter.
- 28 funds opened new SPX Corp positions in Q4 2016 and 16 closed out, a net change of +12 holders.
- The largest SPX Corp buyer in Q4 2016 was Cramer Rosenthal McGlynn, an estimated $12.6M added.
- The largest SPX Corp seller in Q4 2016 was ACR Alpine Capital Research, an estimated $20.6M sold.
Based on aggregated 13F filings for Q4 2016.