Standard Motor Products
SMP
131 hedge funds and large institutions have $591M invested in Standard Motor Products in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 49 increasing their positions, 49 reducing their positions, and 18 closing their positions.
0.37% more ownership
Funds ownership: 74.67% → 75.05% (+0.37%)
0% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 49
7% less funds holding
Funds holding: 141 → 131 (-10)
22% less capital invested
Capital invested by funds: $761M → $591M (-$170M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
56% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
+$10.7M |
| 2 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$6.63M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$2.76M |
| 4 |
Morgan Stanley
New York
|
+$1.67M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$5.91M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$3.24M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.39M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.37M |
SMP Hedge Fund Activity: Q3 2014 in Review
131 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q3 2014, worth a combined $591M — down 22% from $761M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of SMP and 8 opened new positions — a net loss of 10 holders — while 49 trimmed existing stakes and 49 added.
The largest buyer was Third Avenue Management, adding an estimated $10.7M. The largest seller was JP Morgan Chase, cutting an estimated $5.91M.
- 131 institutional investors held Standard Motor Products (SMP) as of Q3 2014, down from 141 in Q2 2014.
- Funds reported $591M of Standard Motor Products stock for Q3 2014, down 22% quarter-over-quarter.
- 8 funds opened new Standard Motor Products positions in Q3 2014 and 18 closed out, a net change of -10 holders.
- The largest Standard Motor Products buyer in Q3 2014 was Third Avenue Management, an estimated $10.7M added.
- The largest Standard Motor Products seller in Q3 2014 was JP Morgan Chase, an estimated $5.91M sold.
Based on aggregated 13F filings for Q3 2014.