Standard Motor Products
SMP
169 hedge funds and large institutions have $618M invested in Standard Motor Products in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 66 increasing their positions, 51 reducing their positions, and 15 closing their positions.
682% more call options, than puts
Call options by funds: $172K | Put options by funds: $22K
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
29% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 51
2% more funds holding
Funds holding: 165 → 169 (+4)
1% more capital invested
Capital invested by funds: $610M → $618M (+$8.17M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.59% less ownership
Funds ownership: 76.63% → 76.04% (-0.59%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.67M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$2.98M |
| 3 |
PA
Pinnacle Associates
New York
|
+$2.51M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.5M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$7.57M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.09M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$2.6M |
| 4 |
State Street
Boston,
Massachusetts
|
-$2.57M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$1.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Victory Capital Management
San Antonio,
Texas
| – | -$292K | -7,923 | Closed |
|
177
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
| – | -$227K | -6,153 | Closed |
|
|
ASN
178
Advisory Services Network
Atlanta,
Georgia
| – | -$173K | -4,700 | Closed |
|
|
IAIM
179
International Assets Investment Management
Orlando,
Florida
| – | -$4.23K | -115 | Closed |
|
|
BAM
180
Belpointe Asset Management
Reno,
Nevada
| – | -$3.69K | -100 | Closed |
|
|
MPWT
181
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$2.66K | -72 | Closed |
|
182
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$1.55K | -42 | Closed |
|
|
C
183
Covestor
London,
United Kingdom
| – | -$1.42K | -39 | -95% |
|
|
TWA
184
TCI Wealth Advisors
Tucson,
Arizona
| – | -$776 | -21 | Closed |
|
SMP Hedge Fund Activity: Q2 2023 in Review
169 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q2 2023, worth a combined $618M — up 1.3% from $610M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SMP positions and 15 closed out — a net gain of 5 holders — while 66 added to existing stakes and 51 trimmed.
The largest buyer was Millennium Management, adding an estimated $3.67M. The largest seller was Royce & Associates, cutting an estimated $7.57M.
- 169 institutional investors held Standard Motor Products (SMP) as of Q2 2023, up from 165 in Q1 2023.
- Funds reported $618M of Standard Motor Products stock for Q2 2023, up 1.3% quarter-over-quarter.
- 20 funds opened new Standard Motor Products positions in Q2 2023 and 15 closed out, a net change of +5 holders.
- The largest Standard Motor Products buyer in Q2 2023 was Millennium Management, an estimated $3.67M added.
- The largest Standard Motor Products seller in Q2 2023 was Royce & Associates, an estimated $7.57M sold.
Based on aggregated 13F filings for Q2 2023.