Should Investors Buy Spectrum Brands as Callodine Capital Keeps Adding to its Largest Position?

Callodine Capital continued to add to its Spectrum Brands position in the last quarter, despite the stock being its largest holding at nearly 8% of the firm's portfolio.On Nov. 13, 2025, Callodine Capital Management, LP disclosed a buy of 360,898 shares in Spectrum Brands (SPB 1.19%), increasing its stake by an estimated $18.32 million.What happenedAccording to a filing with the U.S. Securities and Exchange Commission, for the period ended Sept. 30, 2025, Callodine Capital increased its investment in Spectr ...