SPX Corp
SPXC
296 hedge funds and large institutions have $3.05B invested in SPX Corp in 2014 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 94 increasing their positions, 108 reducing their positions, and 37 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
14% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 37
0% more funds holding
Funds holding: 295 → 296 (+1)
12% less capital invested
Capital invested by funds: $3.47B → $3.05B (-$419M)
13% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 108
49% less call options, than puts
Call options by funds: $1.63M | Put options by funds: $3.22M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$57.7M |
| 2 |
JP Morgan Chase
New York
|
+$53.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$48.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$33.4M |
| 5 |
Jennison Associates
New York
|
+$32.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
Relational Investors
San Diego,
California
|
-$175M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$75.3M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$65.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$50.1M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$47.9M |
SPXC Hedge Fund Activity: Q4 2014 in Review
296 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in SPX Corp (SPXC) for Q4 2014, worth a combined $3.05B — down 12% from $3.47B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new SPXC positions and 37 closed out — a net gain of 5 holders — while 94 added to existing stakes and 108 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $57.7M. The largest seller was Relational Investors, cutting an estimated $175M.
- 296 institutional investors held SPX Corp (SPXC) as of Q4 2014, up from 295 in Q3 2014.
- Funds reported $3.05B of SPX Corp stock for Q4 2014, down 12% quarter-over-quarter.
- 42 funds opened new SPX Corp positions in Q4 2014 and 37 closed out, a net change of +5 holders.
- The largest SPX Corp buyer in Q4 2014 was Adage Capital Partners, an estimated $57.7M added.
- The largest SPX Corp seller in Q4 2014 was Relational Investors, an estimated $175M sold.
Based on aggregated 13F filings for Q4 2014.