SPX Corp
SPXC
268 hedge funds and large institutions have $3.46B invested in SPX Corp in 2013 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 76 increasing their positions, 98 reducing their positions, and 34 closing their positions.
24% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 34
21% more capital invested
Capital invested by funds: $2.86B → $3.46B (+$595M)
2% more funds holding
Funds holding: 262 → 268 (+6)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
22% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 98
71% less call options, than puts
Call options by funds: $10.7M | Put options by funds: $37.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sasco Capital
Fairfield,
Connecticut
|
+$83.2M |
| 2 |
RI
Relational Investors
San Diego,
California
|
+$30.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$21.2M |
| 4 |
Aristotle Capital Management
Los Angeles,
California
|
+$21M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$73.6M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$39.6M |
| 3 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$33.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$24M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$15.3M |
SPXC Hedge Fund Activity: Q3 2013 in Review
268 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in SPX Corp (SPXC) for Q3 2013, worth a combined $3.46B — up 21% from $2.86B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new SPXC positions and 34 closed out — a net gain of 8 holders — while 76 added to existing stakes and 98 trimmed.
The largest buyer was Sasco Capital, opening a new position worth an estimated $83.2M. The largest seller was Wells Fargo, cutting an estimated $73.6M.
- 268 institutional investors held SPX Corp (SPXC) as of Q3 2013, up from 262 in Q2 2013.
- Funds reported $3.46B of SPX Corp stock for Q3 2013, up 21% quarter-over-quarter.
- 42 funds opened new SPX Corp positions in Q3 2013 and 34 closed out, a net change of +8 holders.
- The largest SPX Corp buyer in Q3 2013 was Sasco Capital, an estimated $83.2M added.
- The largest SPX Corp seller in Q3 2013 was Wells Fargo, an estimated $73.6M sold.
Based on aggregated 13F filings for Q3 2013.