Standard Motor Products
SMP
165 hedge funds and large institutions have $610M invested in Standard Motor Products in 2023 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 58 increasing their positions, 56 reducing their positions, and 19 closing their positions.
2,177% more call options, than puts
Call options by funds: $501K | Put options by funds: $22K
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
18% more capital invested
Capital invested by funds: $518M → $610M (+$92.4M)
2% more funds holding
Funds holding: 161 → 165 (+4)
1.37% more ownership
Funds ownership: 75.26% → 76.63% (+1.4%)
4% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 56
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
+$10.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$6.39M |
| 3 |
Millennium Management
New York
|
+$5.51M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.01M |
| 5 |
Two Sigma Advisers
New York
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$9.7M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$9.49M |
| 3 |
RA
Royce & Associates
New York
|
-$8.68M |
| 4 |
BlackRock
New York
|
-$3.51M |
| 5 |
Renaissance Technologies
New York
|
-$1.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Balyasny Asset Management
Chicago,
Illinois
| – | -$222K | -6,369 | Closed |
|
177
Allspring Global Investments
Charlotte,
North Carolina
| – | -$190K | -5,472 | Closed |
|
178
Lazard Asset Management
New York
| – | -$140K | -4,047 | Closed |
|
|
PI
179
PEAK6 Investments
Chicago,
Illinois
| – | -$90K | -2,585 | Closed |
|
|
CAS
180
Coppell Advisory Solutions
Coppell,
Texas
| – | -$3.48K | -100 | Closed |
|
|
CASC
181
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$3.48K | -100 | Closed |
|
|
EWA
182
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$2.26K | -65 | Closed |
|
183
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1.67K | -48 | Closed |
|
|
SWM
184
Spire Wealth Management
Mclean,
Virginia
| – | -$1K | -42 | Closed |
|
SMP Hedge Fund Activity: Q1 2023 in Review
165 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q1 2023, worth a combined $610M — up 18% from $518M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SMP positions and 19 closed out — a net gain of 5 holders — while 58 added to existing stakes and 56 trimmed.
The largest buyer was Rockefeller Capital Management, adding an estimated $10.3M. The largest seller was First Trust Advisors, exiting entirely with an estimated $9.7M sold.
- 165 institutional investors held Standard Motor Products (SMP) as of Q1 2023, up from 161 in Q4 2022.
- Funds reported $610M of Standard Motor Products stock for Q1 2023, up 18% quarter-over-quarter.
- 24 funds opened new Standard Motor Products positions in Q1 2023 and 19 closed out, a net change of +5 holders.
- The largest Standard Motor Products buyer in Q1 2023 was Rockefeller Capital Management, an estimated $10.3M added.
- The largest Standard Motor Products seller in Q1 2023 was First Trust Advisors, an estimated $9.7M sold.
Based on aggregated 13F filings for Q1 2023.