Standard Motor Products
SMP
145 hedge funds and large institutions have $676M invested in Standard Motor Products in 2015 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 52 increasing their positions, 40 reducing their positions, and 10 closing their positions.
240% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 10
30% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 40
19% more funds holding
Funds holding: 122 → 145 (+23)
8% more capital invested
Capital invested by funds: $624M → $676M (+$52.5M)
3% less ownership
Funds ownership: 81.51% → 78.51% (-3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$6.38M |
| 2 |
Renaissance Technologies
New York
|
+$5.69M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$5.15M |
| 4 |
Millennium Management
New York
|
+$4.29M |
| 5 |
Morgan Stanley
New York
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$14M |
| 2 |
RA
Royce & Associates
New York
|
-$12.5M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$8.96M |
| 4 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
-$6.88M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$4.62M |
SMP Hedge Fund Activity: Q4 2015 in Review
145 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q4 2015, worth a combined $676M — up 8.4% from $624M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SMP positions and 10 closed out — a net gain of 24 holders — while 52 added to existing stakes and 40 trimmed.
The largest buyer was Granite Investment Partners, opening a new position worth an estimated $6.38M. The largest seller was Perkins Investment Management, cutting an estimated $14M.
- 145 institutional investors held Standard Motor Products (SMP) as of Q4 2015, up from 122 in Q3 2015.
- Funds reported $676M of Standard Motor Products stock for Q4 2015, up 8.4% quarter-over-quarter.
- 34 funds opened new Standard Motor Products positions in Q4 2015 and 10 closed out, a net change of +24 holders.
- The largest Standard Motor Products buyer in Q4 2015 was Granite Investment Partners, an estimated $6.38M added.
- The largest Standard Motor Products seller in Q4 2015 was Perkins Investment Management, an estimated $14M sold.
Based on aggregated 13F filings for Q4 2015.