Standard Motor Products
SMP
156 hedge funds and large institutions have $745M invested in Standard Motor Products in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 64 increasing their positions, 52 reducing their positions, and 16 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 52
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
0.46% less ownership
Funds ownership: 80.31% → 79.85% (-0.46%)
1% less funds holding
Funds holding: 157 → 156 (-1)
22% less capital invested
Capital invested by funds: $959M → $745M (-$214M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$15M |
| 2 |
Goldman Sachs
New York
|
+$3.04M |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.42M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$2M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$14.7M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$7.44M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.73M |
| 4 |
JP Morgan Chase
New York
|
-$2.09M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.79M |
SMP Hedge Fund Activity: Q1 2020 in Review
156 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q1 2020, worth a combined $745M — down 22% from $959M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SMP positions and 16 closed out — a net gain of 1 holder — while 64 added to existing stakes and 52 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $15M. The largest seller was Royce & Associates, cutting an estimated $14.7M.
- 156 institutional investors held Standard Motor Products (SMP) as of Q1 2020, down from 157 in Q4 2019.
- Funds reported $745M of Standard Motor Products stock for Q1 2020, down 22% quarter-over-quarter.
- 17 funds opened new Standard Motor Products positions in Q1 2020 and 16 closed out, a net change of +1 holder.
- The largest Standard Motor Products buyer in Q1 2020 was Fidelity Investments, an estimated $15M added.
- The largest Standard Motor Products seller in Q1 2020 was Royce & Associates, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2020.