SPX Corp
SPXC
188 hedge funds and large institutions have $342M invested in SPX Corp in 2015 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 64 increasing their positions, 58 reducing their positions, and 51 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 58
0% more call options, than puts
Call options by funds: $1.16M | Put options by funds: $1.16M
0.87% less ownership
Funds ownership: 90.73% → 89.85% (-0.87%)
5% less funds holding
Funds holding: 198 → 188 (-10)
18% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 51
23% less capital invested
Capital invested by funds: $446M → $342M (-$104M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$18.8M |
| 2 |
BKBG
BHF Kleinwort Benson Group
Brussels,
Belgium
|
+$15.9M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$10.5M |
| 4 |
Goldman Sachs
New York
|
+$8.2M |
| 5 |
Millennium Management
New York
|
+$5.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$26.3M |
| 2 |
SC
Sasco Capital
Fairfield,
Connecticut
|
-$23.3M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$20.9M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$11.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.75M |
SPXC Hedge Fund Activity: Q4 2015 in Review
188 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in SPX Corp (SPXC) for Q4 2015, worth a combined $342M — down 23% from $446M a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of SPXC and 42 opened new positions — a net loss of 9 holders — while 58 trimmed existing stakes and 64 added.
The largest buyer was BlackRock Institutional Trust, adding an estimated $18.8M. The largest seller was JP Morgan Chase, cutting an estimated $26.3M.
- 188 institutional investors held SPX Corp (SPXC) as of Q4 2015, down from 198 in Q3 2015.
- Funds reported $342M of SPX Corp stock for Q4 2015, down 23% quarter-over-quarter.
- 42 funds opened new SPX Corp positions in Q4 2015 and 51 closed out, a net change of -9 holders.
- The largest SPX Corp buyer in Q4 2015 was BlackRock Institutional Trust, an estimated $18.8M added.
- The largest SPX Corp seller in Q4 2015 was JP Morgan Chase, an estimated $26.3M sold.
Based on aggregated 13F filings for Q4 2015.