SPX Corp
SPXC
198 hedge funds and large institutions have $446M invested in SPX Corp in 2015 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 18 increasing their positions, 144 reducing their positions, and 99 closing their positions.
90.73% more ownership
Funds ownership: 0% → 90.73% (+91%)
11% more call options, than puts
Call options by funds: $13.2M | Put options by funds: $11.9M
24% less funds holding
Funds holding: 262 → 198 (-64)
64% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 99
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
83% less capital invested
Capital invested by funds: $2.61B → $446M (-$2.16B)
88% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 144
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AACR
ACR Alpine Capital Research
St. Louis,
Missouri
|
+$19.5M |
| 2 |
Renaissance Technologies
New York
|
+$8.57M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$7.28M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
+$6.38M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$131M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$119M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$113M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$108M |
| 5 |
SC
Sasco Capital
Fairfield,
Connecticut
|
-$104M |
SPXC Hedge Fund Activity: Q3 2015 in Review
198 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in SPX Corp (SPXC) for Q3 2015, worth a combined $446M — down 83% from $2.61B a quarter earlier.
Sellers outnumbered buyers: 99 funds closed out of SPXC and 36 opened new positions — a net loss of 63 holders — while 144 trimmed existing stakes and 18 added.
The largest buyer was ACR Alpine Capital Research, opening a new position worth an estimated $19.5M. The largest seller was Jennison Associates, exiting entirely with an estimated $131M sold.
- 198 institutional investors held SPX Corp (SPXC) as of Q3 2015, down from 262 in Q2 2015.
- Funds reported $446M of SPX Corp stock for Q3 2015, down 83% quarter-over-quarter.
- 36 funds opened new SPX Corp positions in Q3 2015 and 99 closed out, a net change of -63 holders.
- The largest SPX Corp buyer in Q3 2015 was ACR Alpine Capital Research, an estimated $19.5M added.
- The largest SPX Corp seller in Q3 2015 was Jennison Associates, an estimated $131M sold.
Based on aggregated 13F filings for Q3 2015.