Standard Motor Products
SMP
122 hedge funds and large institutions have $624M invested in Standard Motor Products in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 44 increasing their positions, 48 reducing their positions, and 12 closing their positions.
1.53% more ownership
Funds ownership: 79.98% → 81.51% (+1.5%)
3% less capital invested
Capital invested by funds: $646M → $624M (-$21.7M)
8% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 48
4% less funds holding
Funds holding: 127 → 122 (-5)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$16.8M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$3.24M |
| 3 |
SAM
Shell Asset Management
The Hague,
Netherlands
|
+$2.63M |
| 4 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$2.52M |
| 5 |
Millennium Management
New York
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
-$7M |
| 2 |
Lazard Asset Management
New York
|
-$6.45M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$2.01M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.69M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.4M |
SMP Hedge Fund Activity: Q3 2015 in Review
122 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q3 2015, worth a combined $624M — down 3.4% from $646M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SMP and 8 opened new positions — a net loss of 4 holders — while 48 trimmed existing stakes and 44 added.
The largest buyer was Uniplan Investment Counsel, adding an estimated $16.8M. The largest seller was Denver Investment Advisors, cutting an estimated $7M.
- 122 institutional investors held Standard Motor Products (SMP) as of Q3 2015, down from 127 in Q2 2015.
- Funds reported $624M of Standard Motor Products stock for Q3 2015, down 3.4% quarter-over-quarter.
- 8 funds opened new Standard Motor Products positions in Q3 2015 and 12 closed out, a net change of -4 holders.
- The largest Standard Motor Products buyer in Q3 2015 was Uniplan Investment Counsel, an estimated $16.8M added.
- The largest Standard Motor Products seller in Q3 2015 was Denver Investment Advisors, an estimated $7M sold.
Based on aggregated 13F filings for Q3 2015.