Motorcar Parts of America
MPAA
52 hedge funds and large institutions have $102M invested in Motorcar Parts of America in 2013 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
75% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 12
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
32% more capital invested
Capital invested by funds: $77.6M → $102M (+$24.8M)
18% more funds holding
Funds holding: 44 → 52 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.64M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$1.57M |
| 3 |
ACM
Archer Capital Management
New York
|
+$1.44M |
| 4 |
TCM
Tygh Capital Management
Portland,
Oregon
|
+$1.34M |
| 5 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$12.5M |
| 2 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$3.16M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$2.36M |
| 4 |
TCM
Tanaka Capital Management
New York
|
-$633K |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$482K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
AllianceBernstein
Nashville,
Tennessee
| $1K | +$1.08K | +112 | New |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $9 | – | – | – |
|
|
RCM
53
Raging Capital Management
Rocky Hill,
New Jersey
| – | -$12.5M | -1,358,149 | Closed |
|
|
TCM
54
Tanaka Capital Management
New York
| – | -$633K | -68,975 | Closed |
|
|
RA
55
Royce & Associates
New York
| – | -$147K | -16,000 | Closed |
|
|
TC
56
TFS Capital
West Chester,
Pennsylvania
| – | -$139K | -15,171 | Closed |
|
MPAA Hedge Fund Activity: Q3 2013 in Review
52 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Motorcar Parts of America (MPAA) for Q3 2013, worth a combined $102M — up 32% from $77.6M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MPAA positions and 5 closed out — a net gain of 8 holders — while 21 added to existing stakes and 12 trimmed.
The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $2.64M. The largest seller was Raging Capital Management, exiting entirely with an estimated $12.5M sold.
- 52 institutional investors held Motorcar Parts of America (MPAA) as of Q3 2013, up from 44 in Q2 2013.
- Funds reported $102M of Motorcar Parts of America stock for Q3 2013, up 32% quarter-over-quarter.
- 13 funds opened new Motorcar Parts of America positions in Q3 2013 and 5 closed out, a net change of +8 holders.
- The largest Motorcar Parts of America buyer in Q3 2013 was Polar Asset Management Partners, an estimated $2.64M added.
- The largest Motorcar Parts of America seller in Q3 2013 was Raging Capital Management, an estimated $12.5M sold.
Based on aggregated 13F filings for Q3 2013.