SPX Corp
SPXC
201 hedge funds and large institutions have $1.28B invested in SPX Corp in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 65 increasing their positions, 74 reducing their positions, and 46 closing their positions.
0.31% less ownership
Funds ownership: 90.13% → 89.83% (-0.31%)
12% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 74
13% less funds holding
Funds holding: 230 → 201 (-29)
37% less capital invested
Capital invested by funds: $2.02B → $1.28B (-$746M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
52% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 46
78% less call options, than puts
Call options by funds: $3.85M | Put options by funds: $17.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$32.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$19.6M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$14.9M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$9.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$14.4M |
| 2 |
Goldman Sachs
New York
|
-$8.24M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$7.95M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$7.27M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$5.85M |
SPXC Hedge Fund Activity: Q1 2020 in Review
201 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in SPX Corp (SPXC) for Q1 2020, worth a combined $1.28B — down 37% from $2.02B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of SPXC and 22 opened new positions — a net loss of 24 holders — while 74 trimmed existing stakes and 65 added.
The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $32.3M. The largest seller was Victory Capital Management, cutting an estimated $14.4M.
- 201 institutional investors held SPX Corp (SPXC) as of Q1 2020, down from 230 in Q4 2019.
- Funds reported $1.28B of SPX Corp stock for Q1 2020, down 37% quarter-over-quarter.
- 22 funds opened new SPX Corp positions in Q1 2020 and 46 closed out, a net change of -24 holders.
- The largest SPX Corp buyer in Q1 2020 was Neuberger Berman Group, an estimated $32.3M added.
- The largest SPX Corp seller in Q1 2020 was Victory Capital Management, an estimated $14.4M sold.
Based on aggregated 13F filings for Q1 2020.