SPX Corp
SPXC
273 hedge funds and large institutions have $3.03B invested in SPX Corp in 2015 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 92 increasing their positions, 112 reducing their positions, and 45 closing their positions.
1% less capital invested
Capital invested by funds: $3.05B → $3.03B (-$19.3M)
4% less call options, than puts
Call options by funds: $3.11M | Put options by funds: $3.22M
8% less funds holding
Funds holding: 296 → 273 (-23)
18% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 112
42% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 45
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$117M |
| 2 |
SC
Sasco Capital
Fairfield,
Connecticut
|
+$52M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$41.4M |
| 4 |
Jennison Associates
New York
|
+$37M |
| 5 |
TA
Teachers Advisors
New York
|
+$34.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
Relational Investors
San Diego,
California
|
-$149M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$55.9M |
| 3 |
JP Morgan Chase
New York
|
-$38.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$32.3M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$22.7M |
SPXC Hedge Fund Activity: Q1 2015 in Review
273 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in SPX Corp (SPXC) for Q1 2015, worth a combined $3.03B — down 0.63% from $3.05B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of SPXC and 26 opened new positions — a net loss of 19 holders — while 112 trimmed existing stakes and 92 added.
The largest buyer was Glenview Capital Management, opening a new position worth an estimated $117M. The largest seller was Relational Investors, cutting an estimated $149M.
- 273 institutional investors held SPX Corp (SPXC) as of Q1 2015, down from 296 in Q4 2014.
- Funds reported $3.03B of SPX Corp stock for Q1 2015, down 0.63% quarter-over-quarter.
- 26 funds opened new SPX Corp positions in Q1 2015 and 45 closed out, a net change of -19 holders.
- The largest SPX Corp buyer in Q1 2015 was Glenview Capital Management, an estimated $117M added.
- The largest SPX Corp seller in Q1 2015 was Relational Investors, an estimated $149M sold.
Based on aggregated 13F filings for Q1 2015.