Standard Motor Products
SMP
134 hedge funds and large institutions have $748M invested in Standard Motor Products in 2015 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 52 increasing their positions, 37 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
41% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 37
13% more capital invested
Capital invested by funds: $665M → $748M (+$83.5M)
6% more funds holding
Funds holding: 126 → 134 (+8)
1.19% more ownership
Funds ownership: 76.22% → 77.41% (+1.2%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$16M |
| 2 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$2.96M |
| 3 |
RA
Royce & Associates
New York
|
+$2.7M |
| 4 |
JP Morgan Chase
New York
|
+$2.65M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.5M |
| 2 |
PCM
Piermont Capital Management
St. Louis,
Missouri
|
-$4.03M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.96M |
| 4 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
-$1.81M |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$1.58M |
SMP Hedge Fund Activity: Q1 2015 in Review
134 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q1 2015, worth a combined $748M — up 13% from $665M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SMP positions and 7 closed out — a net gain of 9 holders — while 52 added to existing stakes and 37 trimmed.
The largest buyer was Perkins Investment Management, opening a new position worth an estimated $16M. The largest seller was Fidelity Investments, cutting an estimated $10.5M.
- 134 institutional investors held Standard Motor Products (SMP) as of Q1 2015, up from 126 in Q4 2014.
- Funds reported $748M of Standard Motor Products stock for Q1 2015, up 13% quarter-over-quarter.
- 16 funds opened new Standard Motor Products positions in Q1 2015 and 7 closed out, a net change of +9 holders.
- The largest Standard Motor Products buyer in Q1 2015 was Perkins Investment Management, an estimated $16M added.
- The largest Standard Motor Products seller in Q1 2015 was Fidelity Investments, an estimated $10.5M sold.
Based on aggregated 13F filings for Q1 2015.