SP Plus Corporation
SP was delisted on the 15th of May, 2024.
90 hedge funds and large institutions have $381M invested in SP Plus Corporation in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 44 increasing their positions, 23 reducing their positions, and 10 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 23
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 93 → 90 (-3)
5% less capital invested
Capital invested by funds: $403M → $381M (-$22.1M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$12M |
| 2 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
+$1.76M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.57M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$883K |
| 5 |
Two Sigma Investments
New York
|
+$766K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$9.89M |
| 2 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
-$3.17M |
| 3 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$1.65M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$1.58M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.34M |
SP Hedge Fund Activity: Q2 2016 in Review
90 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in SP Plus Corporation (SP) for Q2 2016, worth a combined $381M — down 5.5% from $403M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SP and 7 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 44 added.
The largest buyer was Wedge Capital Management, opening a new position worth an estimated $12M. The largest seller was Janus Henderson Investors US, cutting an estimated $9.89M.
- 90 institutional investors held SP Plus Corporation (SP) as of Q2 2016, down from 93 in Q1 2016.
- Funds reported $381M of SP Plus Corporation stock for Q2 2016, down 5.5% quarter-over-quarter.
- 7 funds opened new SP Plus Corporation positions in Q2 2016 and 10 closed out, a net change of -3 holders.
- The largest SP Plus Corporation buyer in Q2 2016 was Wedge Capital Management, an estimated $12M added.
- The largest SP Plus Corporation seller in Q2 2016 was Janus Henderson Investors US, an estimated $9.89M sold.
Based on aggregated 13F filings for Q2 2016.