Standard Motor Products
SMP
133 hedge funds and large institutions have $865M invested in Standard Motor Products in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 55 increasing their positions, 43 reducing their positions, and 16 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 43
14% more capital invested
Capital invested by funds: $756M → $865M (+$109M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.44% less ownership
Funds ownership: 83.7% → 80.26% (-3.4%)
5% less funds holding
Funds holding: 140 → 133 (-7)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
Top Buyers
Top Sellers
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$45.4M |
| 2 |
RA
Royce & Associates
New York
|
-$21.9M |
| 3 |
JP Morgan Chase
New York
|
-$11.1M |
| 4 |
D.E. Shaw & Co
New York
|
-$1.52M |
| 5 |
DM
Delphi Management
Brookline,
Massachusetts
|
-$1.15M |
SMP Hedge Fund Activity: Q3 2016 in Review
133 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q3 2016, worth a combined $865M — up 14% from $756M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SMP and 9 opened new positions — a net loss of 7 holders — while 43 trimmed existing stakes and 55 added.
The largest buyer was Neumeier Poma Investment Counsel, adding an estimated $15.4M. The largest seller was Macquarie Group, cutting an estimated $45.4M.
- 133 institutional investors held Standard Motor Products (SMP) as of Q3 2016, down from 140 in Q2 2016.
- Funds reported $865M of Standard Motor Products stock for Q3 2016, up 14% quarter-over-quarter.
- 9 funds opened new Standard Motor Products positions in Q3 2016 and 16 closed out, a net change of -7 holders.
- The largest Standard Motor Products buyer in Q3 2016 was Neumeier Poma Investment Counsel, an estimated $15.4M added.
- The largest Standard Motor Products seller in Q3 2016 was Macquarie Group, an estimated $45.4M sold.
Based on aggregated 13F filings for Q3 2016.