Spire
237 hedge funds and large institutions have $2.3B invested in Spire in 2016 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 97 increasing their positions, 75 reducing their positions, and 21 closing their positions.
42% more call options, than puts
Call options by funds: $797K | Put options by funds: $561K
29% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 75
24% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 21
2% more funds holding
Funds holding: 232 → 237 (+5)
1.07% less ownership
Funds ownership: 80.81% → 79.75% (-1.1%)
13% less capital invested
Capital invested by funds: $2.64B → $2.3B (-$340M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| 1 |
Wells Fargo
San Francisco,
California
|
+$39.9M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$25.1M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$25M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.3M |
| 5 |
Morgan Stanley
New York
|
+$7.66M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJFSA
251
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$231K | -3,264 | Closed |
|
|
NFA
252
Nuveen Fund Advisors
Chicago,
Illinois
| – | -$204K | -2,878 | Closed |
|
|
TRCT
253
Tower Research Capital (TRC)
New York
| – | -$193K | -2,729 | Closed |
|
|
CG
254
Cutler Group
San Francisco,
California
| – | -$24.3K | -363 | Closed |
|
|
FHA
255
First Horizon Advisors
Memphis,
Tennessee
| – | -$15K | -217 | Closed |
|
256
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$14K | -195 | Closed |
|
257
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$267 | -4 | -67% |
|
SR Hedge Fund Activity: Q3 2016 in Review
237 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Spire (SR) for Q3 2016, worth a combined $2.3B — down 13% from $2.64B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SR positions and 21 closed out — a net gain of 5 holders — while 97 added to existing stakes and 75 trimmed.
The largest buyer was Wells Fargo, adding an estimated $39.9M. The largest seller was NWQ Investment Management Company, exiting entirely with an estimated $66.5M sold.
- 237 institutional investors held Spire (SR) as of Q3 2016, up from 232 in Q2 2016.
- Funds reported $2.3B of Spire stock for Q3 2016, down 13% quarter-over-quarter.
- 26 funds opened new Spire positions in Q3 2016 and 21 closed out, a net change of +5 holders.
- The largest Spire buyer in Q3 2016 was Wells Fargo, an estimated $39.9M added.
- The largest Spire seller in Q3 2016 was NWQ Investment Management Company, an estimated $66.5M sold.
Based on aggregated 13F filings for Q3 2016.