Standard Motor Products
SMP
126 hedge funds and large institutions have $665M invested in Standard Motor Products in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 36 increasing their positions, 54 reducing their positions, and 12 closing their positions.
12% more capital invested
Capital invested by funds: $591M → $665M (+$73.7M)
1.17% more ownership
Funds ownership: 75.05% → 76.22% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 131 → 126 (-5)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
33% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.3M |
| 2 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$6.05M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.68M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$3.57M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
-$16.4M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$2.8M |
| 3 |
SAM
Shell Asset Management
The Hague,
Netherlands
|
-$2.59M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.36M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$1.3M |
SMP Hedge Fund Activity: Q4 2014 in Review
126 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q4 2014, worth a combined $665M — up 12% from $591M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SMP and 8 opened new positions — a net loss of 4 holders — while 54 trimmed existing stakes and 36 added.
The largest buyer was Fidelity Investments, adding an estimated $19.3M. The largest seller was Third Avenue Management, cutting an estimated $16.4M.
- 126 institutional investors held Standard Motor Products (SMP) as of Q4 2014, down from 131 in Q3 2014.
- Funds reported $665M of Standard Motor Products stock for Q4 2014, up 12% quarter-over-quarter.
- 8 funds opened new Standard Motor Products positions in Q4 2014 and 12 closed out, a net change of -4 holders.
- The largest Standard Motor Products buyer in Q4 2014 was Fidelity Investments, an estimated $19.3M added.
- The largest Standard Motor Products seller in Q4 2014 was Third Avenue Management, an estimated $16.4M sold.
Based on aggregated 13F filings for Q4 2014.