SPX Corp
SPXC
197 hedge funds and large institutions have $1.1B invested in SPX Corp in 2018 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 59 increasing their positions, 56 reducing their positions, and 36 closing their positions.
1.77% more ownership
Funds ownership: 88.37% → 90.14% (+1.8%)
5% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 56
3% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 36
1% more funds holding
Funds holding: 196 → 197 (+1)
13% less capital invested
Capital invested by funds: $1.27B → $1.1B (-$168M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
85% less call options, than puts
Call options by funds: $145K | Put options by funds: $961K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$21.2M |
| 2 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$12.6M |
| 3 |
AACR
ACR Alpine Capital Research
St. Louis,
Missouri
|
+$8.32M |
| 4 |
OAM
Oppenheimer Asset Management
New York
|
+$6.57M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
-$5.24M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$5.15M |
| 3 |
TA
Teachers Advisors
New York
|
-$4.71M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$4.58M |
| 5 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
-$3.52M |
SPXC Hedge Fund Activity: Q4 2018 in Review
197 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in SPX Corp (SPXC) for Q4 2018, worth a combined $1.1B — down 13% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new SPXC positions and 36 closed out — a net gain of 1 holder — while 59 added to existing stakes and 56 trimmed.
The largest buyer was Channing Capital Management, opening a new position worth an estimated $21.2M. The largest seller was Corsair Capital Management, cutting an estimated $5.24M.
- 197 institutional investors held SPX Corp (SPXC) as of Q4 2018, up from 196 in Q3 2018.
- Funds reported $1.1B of SPX Corp stock for Q4 2018, down 13% quarter-over-quarter.
- 37 funds opened new SPX Corp positions in Q4 2018 and 36 closed out, a net change of +1 holder.
- The largest SPX Corp buyer in Q4 2018 was Channing Capital Management, an estimated $21.2M added.
- The largest SPX Corp seller in Q4 2018 was Corsair Capital Management, an estimated $5.24M sold.
Based on aggregated 13F filings for Q4 2018.