Spire
190 hedge funds and large institutions have $1.59B invested in Spire in 2014 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 91 increasing their positions, 37 reducing their positions, and 15 closing their positions.
775% more capital inflows, than outflows
Capital inflows: $592M | Capital outflows: $67.6M
147% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 15
146% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 37
13% more funds holding
Funds holding: 168 → 190 (+22)
10.22% more ownership
Funds ownership: 65.68% → 75.9% (+10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
+$51.7M |
| 2 |
Millennium Management
New York
|
+$50M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$47.7M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$44.8M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$43.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$15.2M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$12.1M |
| 3 |
SEI Trust Company
Oaks,
Pennsylvania
|
-$8.84M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$7.6M |
| 5 |
Guggenheim Capital
Chicago,
Illinois
|
-$5.05M |
SR Hedge Fund Activity: Q2 2014 in Review
190 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Spire (SR) for Q2 2014, worth a combined $1.59B — up 57% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new SR positions and 15 closed out — a net gain of 22 holders — while 91 added to existing stakes and 37 trimmed.
The largest buyer was Zimmer Partners, opening a new position worth an estimated $51.7M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $15.2M sold.
- 190 institutional investors held Spire (SR) as of Q2 2014, up from 168 in Q1 2014.
- Funds reported $1.59B of Spire stock for Q2 2014, up 57% quarter-over-quarter.
- 37 funds opened new Spire positions in Q2 2014 and 15 closed out, a net change of +22 holders.
- The largest Spire buyer in Q2 2014 was Zimmer Partners, an estimated $51.7M added.
- The largest Spire seller in Q2 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $15.2M sold.
Based on aggregated 13F filings for Q2 2014.