Standard Motor Products
SMP
154 hedge funds and large institutions have $933M invested in Standard Motor Products in 2017 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 59 increasing their positions, 43 reducing their positions, and 19 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 43
7% more capital invested
Capital invested by funds: $870M → $933M (+$62.7M)
0.75% more ownership
Funds ownership: 77.52% → 78.27% (+0.75%)
3% less funds holding
Funds holding: 159 → 154 (-5)
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $774K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$7.17M |
| 3 |
RA
Royce & Associates
New York
|
+$3.62M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$2.76M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.38M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.83M |
| 3 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$2.97M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$2.96M |
| 5 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$2.71M |
SMP Hedge Fund Activity: Q2 2017 in Review
154 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q2 2017, worth a combined $933M — up 7.2% from $870M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SMP and 16 opened new positions — a net loss of 3 holders — while 43 trimmed existing stakes and 59 added.
The largest buyer was Fidelity Investments, adding an estimated $11.5M. The largest seller was Millennium Management, exiting entirely with an estimated $6.38M sold.
- 154 institutional investors held Standard Motor Products (SMP) as of Q2 2017, down from 159 in Q1 2017.
- Funds reported $933M of Standard Motor Products stock for Q2 2017, up 7.2% quarter-over-quarter.
- 16 funds opened new Standard Motor Products positions in Q2 2017 and 19 closed out, a net change of -3 holders.
- The largest Standard Motor Products buyer in Q2 2017 was Fidelity Investments, an estimated $11.5M added.
- The largest Standard Motor Products seller in Q2 2017 was Millennium Management, an estimated $6.38M sold.
Based on aggregated 13F filings for Q2 2017.