Standard Motor Products
SMP
150 hedge funds and large institutions have $871M invested in Standard Motor Products in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 54 increasing their positions, 41 reducing their positions, and 13 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 41
7% more capital invested
Capital invested by funds: $818M → $871M (+$53.3M)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
0.46% more ownership
Funds ownership: 80.5% → 80.96% (+0.46%)
1% less funds holding
Funds holding: 151 → 150 (-1)
54% less call options, than puts
Call options by funds: $338K | Put options by funds: $738K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$7.22M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$4.99M |
| 3 |
JP Morgan Chase
New York
|
+$2.94M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$2.14M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.59M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$3.76M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.51M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.88M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
151
Assenagon Asset Management
Senningerberg,
Luxembourg
| – | -$1.75M | -38,978 | Closed |
|
|
SAM
152
Silvercrest Asset Management
New York
| – | -$1.15M | -25,517 | Closed |
|
153
Renaissance Technologies
New York
| – | -$885K | -19,700 | Closed |
|
|
RJA
154
Raymond James & Associates
St Petersburg,
Florida
| – | -$725K | -16,150 | Closed |
|
155
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
| – | -$458K | -10,200 | Closed |
|
156
Allianz Asset Management
Munich,
Germany
| – | -$424K | -9,431 | Closed |
|
|
MC
157
Menta Capital
San Francisco,
California
| – | -$282K | -6,281 | Closed |
|
158
Victory Capital Management
San Antonio,
Texas
| – | -$259K | -5,757 | Closed |
|
159
Millennium Management
New York
| – | -$210K | -4,674 | Closed |
|
|
DCM
160
Delpha Capital Management
New York
| – | -$41K | -917 | Closed |
|
|
PWM
161
Paulson Wealth Management
Wheaton,
Illinois
| – | -$40K | -896 | Closed |
|
|
TRCT
162
Tower Research Capital (TRC)
New York
| – | -$20K | -444 | Closed |
|
SMP Hedge Fund Activity: Q1 2018 in Review
150 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q1 2018, worth a combined $871M — up 6.5% from $818M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SMP positions and 13 closed out — a net gain of 1 holder — while 54 added to existing stakes and 41 trimmed.
The largest buyer was Royce & Associates, adding an estimated $7.22M. The largest seller was Deutsche Bank, cutting an estimated $6.59M.
- 150 institutional investors held Standard Motor Products (SMP) as of Q1 2018, down from 151 in Q4 2017.
- Funds reported $871M of Standard Motor Products stock for Q1 2018, up 6.5% quarter-over-quarter.
- 14 funds opened new Standard Motor Products positions in Q1 2018 and 13 closed out, a net change of +1 holder.
- The largest Standard Motor Products buyer in Q1 2018 was Royce & Associates, an estimated $7.22M added.
- The largest Standard Motor Products seller in Q1 2018 was Deutsche Bank, an estimated $6.59M sold.
Based on aggregated 13F filings for Q1 2018.