Spire
168 hedge funds and large institutions have $970M invested in Spire in 2013 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 59 reducing their positions, and 12 closing their positions.
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
15% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 59
2% more funds holding
Funds holding: 164 → 168 (+4)
2% more capital invested
Capital invested by funds: $951M → $970M (+$18.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$9.3M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
+$6.07M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.02M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$3.15M |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$3.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$12M |
| 2 |
SC
Sculptor Capital
New York
|
-$5.12M |
| 3 |
Millennium Management
New York
|
-$3.92M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
-$3.74M |
| 5 |
GACM
Green Arrow Capital Management
New York
|
-$3.65M |
SR Hedge Fund Activity: Q4 2013 in Review
168 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Spire (SR) for Q4 2013, worth a combined $970M — up 2% from $951M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SR positions and 12 closed out — a net gain of 4 holders — while 68 added to existing stakes and 59 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $9.3M. The largest seller was First Trust Advisors, cutting an estimated $12M.
- 168 institutional investors held Spire (SR) as of Q4 2013, up from 164 in Q3 2013.
- Funds reported $970M of Spire stock for Q4 2013, up 2% quarter-over-quarter.
- 16 funds opened new Spire positions in Q4 2013 and 12 closed out, a net change of +4 holders.
- The largest Spire buyer in Q4 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $9.3M added.
- The largest Spire seller in Q4 2013 was First Trust Advisors, an estimated $12M sold.
Based on aggregated 13F filings for Q4 2013.