Standard Motor Products
SMP
151 hedge funds and large institutions have $860M invested in Standard Motor Products in 2017 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 71 increasing their positions, 34 reducing their positions, and 17 closing their positions.
109% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 34
0.02% less ownership
Funds ownership: 78.27% → 78.25% (-0.02%)
2% less funds holding
Funds holding: 154 → 151 (-3)
8% less capital invested
Capital invested by funds: $933M → $860M (-$72.5M)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.56M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.07M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$3.25M |
| 4 |
Millennium Management
New York
|
+$2.82M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
-$12.2M |
| 2 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$6.4M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$5.39M |
| 4 |
RA
Royce & Associates
New York
|
-$3.55M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.33M |
SMP Hedge Fund Activity: Q3 2017 in Review
151 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q3 2017, worth a combined $860M — down 7.8% from $933M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of SMP and 15 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 71 added.
The largest buyer was BlackRock, adding an estimated $4.56M. The largest seller was Neumeier Poma Investment Counsel, cutting an estimated $12.2M.
- 151 institutional investors held Standard Motor Products (SMP) as of Q3 2017, down from 154 in Q2 2017.
- Funds reported $860M of Standard Motor Products stock for Q3 2017, down 7.8% quarter-over-quarter.
- 15 funds opened new Standard Motor Products positions in Q3 2017 and 17 closed out, a net change of -2 holders.
- The largest Standard Motor Products buyer in Q3 2017 was BlackRock, an estimated $4.56M added.
- The largest Standard Motor Products seller in Q3 2017 was Neumeier Poma Investment Counsel, an estimated $12.2M sold.
Based on aggregated 13F filings for Q3 2017.