Spire
201 hedge funds and large institutions have $1.8B invested in Spire in 2015 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 93 increasing their positions, 54 reducing their positions, and 14 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 54
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
4% more funds holding
Funds holding: 194 → 201 (+7)
2% less capital invested
Capital invested by funds: $1.84B → $1.8B (-$33.8M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$27.7M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$18.9M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$13M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$7.69M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$24.6M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$16.8M |
| 3 |
Renaissance Technologies
New York
|
-$11.2M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$10.2M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
-$9.86M |
SR Hedge Fund Activity: Q1 2015 in Review
201 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Spire (SR) for Q1 2015, worth a combined $1.8B — down 1.8% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SR positions and 14 closed out — a net gain of 8 holders — while 93 added to existing stakes and 54 trimmed.
The largest buyer was Denver Investment Advisors, opening a new position worth an estimated $27.7M. The largest seller was Millennium Management, cutting an estimated $24.6M.
- 201 institutional investors held Spire (SR) as of Q1 2015, up from 194 in Q4 2014.
- Funds reported $1.8B of Spire stock for Q1 2015, down 1.8% quarter-over-quarter.
- 22 funds opened new Spire positions in Q1 2015 and 14 closed out, a net change of +8 holders.
- The largest Spire buyer in Q1 2015 was Denver Investment Advisors, an estimated $27.7M added.
- The largest Spire seller in Q1 2015 was Millennium Management, an estimated $24.6M sold.
Based on aggregated 13F filings for Q1 2015.