Standard Motor Products
SMP
170 hedge funds and large institutions have $716M invested in Standard Motor Products in 2023 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 54 increasing their positions, 64 reducing their positions, and 22 closing their positions.
27% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 22
27% more capital invested
Capital invested by funds: $565M → $716M (+$151M)
5.49% more ownership
Funds ownership: 77.27% → 82.76% (+5.5%)
3% more funds holding
Funds holding: 165 → 170 (+5)
16% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$34.2M |
| 2 |
BlackRock
New York
|
+$12.4M |
| 3 |
Morgan Stanley
New York
|
+$11M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$4.64M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$4.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$14.9M |
| 2 |
Millennium Management
New York
|
-$13.6M |
| 3 |
Rockefeller Capital Management
New York
|
-$8.23M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.43M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.43M |
SMP Hedge Fund Activity: Q4 2023 in Review
170 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Standard Motor Products (SMP) for Q4 2023, worth a combined $716M — up 27% from $565M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SMP positions and 22 closed out — a net gain of 6 holders — while 54 added to existing stakes and 64 trimmed.
The largest buyer was Pacer Advisors, opening a new position worth an estimated $34.2M. The largest seller was Boston Partners, exiting entirely with an estimated $14.9M sold.
- 170 institutional investors held Standard Motor Products (SMP) as of Q4 2023, up from 165 in Q3 2023.
- Funds reported $716M of Standard Motor Products stock for Q4 2023, up 27% quarter-over-quarter.
- 28 funds opened new Standard Motor Products positions in Q4 2023 and 22 closed out, a net change of +6 holders.
- The largest Standard Motor Products buyer in Q4 2023 was Pacer Advisors, an estimated $34.2M added.
- The largest Standard Motor Products seller in Q4 2023 was Boston Partners, an estimated $14.9M sold.
Based on aggregated 13F filings for Q4 2023.