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
| Rank | Fund | Capital Flow |
|---|---|---|
| 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
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$66.5M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$18.2M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$11.4M |
| 4 |
AP
AHL Partners
London,
United Kingdom
|
-$8.26M |
| 5 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$7.74M |
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.