SPX Corp
SPXC
292 hedge funds and large institutions have $3.86B invested in SPX Corp in 2014 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 71 increasing their positions, 118 reducing their positions, and 18 closing their positions.
161% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 18
159% more call options, than puts
Call options by funds: $23.2M | Put options by funds: $8.98M
9% more funds holding
Funds holding: 268 → 292 (+24)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $3.99B → $3.86B (-$133M)
40% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
+$30.5M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$25.2M |
| 3 |
Morgan Stanley
New York
|
+$23.7M |
| 4 |
Two Sigma Investments
New York
|
+$19.5M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
-$122M |
| 2 |
RI
Relational Investors
San Diego,
California
|
-$78.3M |
| 3 |
JP Morgan Chase
New York
|
-$38.2M |
| 4 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
-$23.4M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$19.2M |
SPXC Hedge Fund Activity: Q1 2014 in Review
292 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in SPX Corp (SPXC) for Q1 2014, worth a combined $3.86B — down 3.3% from $3.99B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new SPXC positions and 18 closed out — a net gain of 29 holders — while 71 added to existing stakes and 118 trimmed.
The largest buyer was Gotham Asset Management, adding an estimated $30.5M. The largest seller was Aristotle Capital Management, cutting an estimated $122M.
- 292 institutional investors held SPX Corp (SPXC) as of Q1 2014, up from 268 in Q4 2013.
- Funds reported $3.86B of SPX Corp stock for Q1 2014, down 3.3% quarter-over-quarter.
- 47 funds opened new SPX Corp positions in Q1 2014 and 18 closed out, a net change of +29 holders.
- The largest SPX Corp buyer in Q1 2014 was Gotham Asset Management, an estimated $30.5M added.
- The largest SPX Corp seller in Q1 2014 was Aristotle Capital Management, an estimated $122M sold.
Based on aggregated 13F filings for Q1 2014.