Standard Motor Products
SMP
132 hedge funds and large institutions have $547M invested in Standard Motor Products in 2013 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 54 reducing their positions, and 22 closing their positions.
1.51% more ownership
Funds ownership: 72.48% → 73.98% (+1.5%)
2% more call options, than puts
Call options by funds: $3.44M | Put options by funds: $3.39M
4% less capital invested
Capital invested by funds: $571M → $547M (-$24.8M)
4% less funds holding
Funds holding: 137 → 132 (-5)
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
19% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 54
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$41.4M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$13.2M |
| 3 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$9.89M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$7.64M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.3M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$6.55M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$6.34M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$4.58M |
| 5 |
Renaissance Technologies
New York
|
-$4.42M |
SMP Hedge Fund Activity: Q3 2013 in Review
132 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q3 2013, worth a combined $547M — down 4.3% from $571M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of SMP and 18 opened new positions — a net loss of 4 holders — while 54 trimmed existing stakes and 44 added.
The largest buyer was Royce & Associates, adding an estimated $41.4M. The largest seller was Fidelity Investments, cutting an estimated $17.3M.
- 132 institutional investors held Standard Motor Products (SMP) as of Q3 2013, down from 137 in Q2 2013.
- Funds reported $547M of Standard Motor Products stock for Q3 2013, down 4.3% quarter-over-quarter.
- 18 funds opened new Standard Motor Products positions in Q3 2013 and 22 closed out, a net change of -4 holders.
- The largest Standard Motor Products buyer in Q3 2013 was Royce & Associates, an estimated $41.4M added.
- The largest Standard Motor Products seller in Q3 2013 was Fidelity Investments, an estimated $17.3M sold.
Based on aggregated 13F filings for Q3 2013.