Standard Motor Products
SMP
140 hedge funds and large institutions have $756M invested in Standard Motor Products in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 63 increasing their positions, 36 reducing their positions, and 8 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 36
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
23% more capital invested
Capital invested by funds: $616M → $756M (+$140M)
4.48% more ownership
Funds ownership: 79.22% → 83.7% (+4.5%)
2% more funds holding
Funds holding: 137 → 140 (+3)
Top Buyers
Top Sellers
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$5.25M |
| 2 |
Renaissance Technologies
New York
|
-$3.64M |
| 3 |
GAM
Gotham Asset Management
New York
|
-$2.08M |
| 4 |
Morgan Stanley
New York
|
-$1.37M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.18M |
SMP Hedge Fund Activity: Q2 2016 in Review
140 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q2 2016, worth a combined $756M — up 23% from $616M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SMP positions and 8 closed out — a net gain of 4 holders — while 63 added to existing stakes and 36 trimmed.
The largest buyer was Macquarie Group, adding an estimated $31M. The largest seller was Perkins Investment Management, cutting an estimated $5.25M.
- 140 institutional investors held Standard Motor Products (SMP) as of Q2 2016, up from 137 in Q1 2016.
- Funds reported $756M of Standard Motor Products stock for Q2 2016, up 23% quarter-over-quarter.
- 12 funds opened new Standard Motor Products positions in Q2 2016 and 8 closed out, a net change of +4 holders.
- The largest Standard Motor Products buyer in Q2 2016 was Macquarie Group, an estimated $31M added.
- The largest Standard Motor Products seller in Q2 2016 was Perkins Investment Management, an estimated $5.25M sold.
Based on aggregated 13F filings for Q2 2016.