Standard Motor Products
SMP
133 hedge funds and large institutions have $607M invested in Standard Motor Products in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 48 reducing their positions, and 14 closing their positions.
11% more capital invested
Capital invested by funds: $547M → $607M (+$60.6M)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
2% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 48
1% more funds holding
Funds holding: 132 → 133 (+1)
0.81% less ownership
Funds ownership: 73.98% → 73.17% (-0.81%)
64% less call options, than puts
Call options by funds: $287K | Put options by funds: $788K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$5.5M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$4.99M |
| 3 |
RA
Royce & Associates
New York
|
+$4.82M |
| 4 |
Morgan Stanley
New York
|
+$2.32M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QBFM
QS Batterymarch Financial Management
New York
|
-$4.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.39M |
| 3 |
MPM
Meritage Portfolio Management
Overland Park,
Kansas
|
-$3.29M |
| 4 |
Bank of New York Mellon
New York
|
-$3.07M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.98M |
SMP Hedge Fund Activity: Q4 2013 in Review
133 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q4 2013, worth a combined $607M — up 11% from $547M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SMP positions and 14 closed out — a net gain of 1 holder — while 49 added to existing stakes and 48 trimmed.
The largest buyer was Denver Investment Advisors, adding an estimated $5.5M. The largest seller was QS Batterymarch Financial Management, exiting entirely with an estimated $4.5M sold.
- 133 institutional investors held Standard Motor Products (SMP) as of Q4 2013, up from 132 in Q3 2013.
- Funds reported $607M of Standard Motor Products stock for Q4 2013, up 11% quarter-over-quarter.
- 15 funds opened new Standard Motor Products positions in Q4 2013 and 14 closed out, a net change of +1 holder.
- The largest Standard Motor Products buyer in Q4 2013 was Denver Investment Advisors, an estimated $5.5M added.
- The largest Standard Motor Products seller in Q4 2013 was QS Batterymarch Financial Management, an estimated $4.5M sold.
Based on aggregated 13F filings for Q4 2013.