Standard Motor Products
SMP
159 hedge funds and large institutions have $933M invested in Standard Motor Products in 2016 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 51 increasing their positions, 49 reducing their positions, and 6 closing their positions.
450% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 6
119% more call options, than puts
Call options by funds: $1M | Put options by funds: $458K
20% more funds holding
Funds holding: 133 → 159 (+26)
8% more capital invested
Capital invested by funds: $865M → $933M (+$68.2M)
4% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 49
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.45% less ownership
Funds ownership: 80.26% → 76.81% (-3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$10.1M |
| 2 |
RFS
Rockefeller Financial Services
New York
|
+$6.41M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.53M |
| 4 |
Morgan Stanley
New York
|
+$4.33M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$41.7M |
| 2 |
RA
Royce & Associates
New York
|
-$18.7M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$9.66M |
| 4 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$8.13M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$4.75M |
SMP Hedge Fund Activity: Q4 2016 in Review
159 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q4 2016, worth a combined $933M — up 7.9% from $865M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SMP positions and 6 closed out — a net gain of 27 holders — while 51 added to existing stakes and 49 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $10.1M. The largest seller was Perkins Investment Management, cutting an estimated $41.7M.
- 159 institutional investors held Standard Motor Products (SMP) as of Q4 2016, up from 133 in Q3 2016.
- Funds reported $933M of Standard Motor Products stock for Q4 2016, up 7.9% quarter-over-quarter.
- 33 funds opened new Standard Motor Products positions in Q4 2016 and 6 closed out, a net change of +27 holders.
- The largest Standard Motor Products buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $10.1M added.
- The largest Standard Motor Products seller in Q4 2016 was Perkins Investment Management, an estimated $41.7M sold.
Based on aggregated 13F filings for Q4 2016.