Standard Motor Products
SMP
165 hedge funds and large institutions have $565M invested in Standard Motor Products in 2023 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 64 increasing their positions, 64 reducing their positions, and 18 closing their positions.
1.23% more ownership
Funds ownership: 76.04% → 77.27% (+1.2%)
0% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 64
2% less funds holding
Funds holding: 169 → 165 (-4)
9% less capital invested
Capital invested by funds: $618M → $565M (-$53.1M)
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Millennium Management
New York
|
+$4.03M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.34M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.9M |
| 4 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$2.75M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.73M |
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$4.46M |
| 2 |
BlackRock
New York
|
-$3.34M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$2.97M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$2.72M |
| 5 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
-$1.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
176
Panagora Asset Management
Boston,
Massachusetts
| – | -$218K | -5,807 | Closed |
|
|
JIR
177
James Investment Research
Alpha,
Ohio
| – | -$215K | -5,733 | Closed |
|
|
ASRS
178
Arizona State Retirement System
Phoenix,
Arizona
| – | -$205K | -5,458 | Closed |
|
|
LC
179
Lindbrook Capital
Calabasas,
California
| – | -$6.6K | -176 | Closed |
|
180
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1.69K | -45 | Closed |
|
|
2L
181
25 LLC
St. Louis,
Missouri
| – | -$535 | -14 | Closed |
|
|
GWS
182
Glassman Wealth Services
Vienna,
Virginia
| – | -$413 | -11 | Closed |
|
SMP Hedge Fund Activity: Q3 2023 in Review
165 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q3 2023, worth a combined $565M — down 8.6% from $618M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of SMP and 14 opened new positions — a net loss of 4 holders — while 64 trimmed existing stakes and 64 added.
The largest buyer was Millennium Management, adding an estimated $4.03M. The largest seller was Citadel Advisors, cutting an estimated $4.46M.
- 165 institutional investors held Standard Motor Products (SMP) as of Q3 2023, down from 169 in Q2 2023.
- Funds reported $565M of Standard Motor Products stock for Q3 2023, down 8.6% quarter-over-quarter.
- 14 funds opened new Standard Motor Products positions in Q3 2023 and 18 closed out, a net change of -4 holders.
- The largest Standard Motor Products buyer in Q3 2023 was Millennium Management, an estimated $4.03M added.
- The largest Standard Motor Products seller in Q3 2023 was Citadel Advisors, an estimated $4.46M sold.
Based on aggregated 13F filings for Q3 2023.