SP Plus Corporation
SP was delisted on the 15th of May, 2024.
79 hedge funds and large institutions have $426M invested in SP Plus Corporation in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 37 increasing their positions, 25 reducing their positions, and 9 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 25
5% less capital invested
Capital invested by funds: $448M → $426M (-$22.2M)
4% less funds holding
Funds holding: 82 → 79 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$12.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$11.8M |
| 3 |
LCM
Lionstone Capital Management
New York
|
+$11.1M |
| 4 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
+$8.8M |
| 5 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$38.9M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$7.01M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$5.83M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$5.65M |
| 5 |
LAM
Lapides Asset Management
Greenwich,
Connecticut
|
-$5.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
BlackRock
New York
| $10K | – | – | – |
|
77
BNP Paribas Financial Markets
Paris,
France
| $7.37K | +$7.3K | +283 | New |
|
78
US Bancorp
Minneapolis,
Minnesota
| $5K | – | – | – |
|
79
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $329 | -$1.45K | -56 | -0.4% |
|
|
LAM
80
Lapides Asset Management
Greenwich,
Connecticut
| – | -$5.11M | -190,126 | Closed |
|
|
EBIM
81
Eagle Boston Investment Management
Boston,
Massachusetts
| – | -$3.91M | -148,718 | Closed |
|
|
WFM
82
Wilmington Funds Management
Wilmington,
Delaware
| – | -$1.14M | -42,238 | Closed |
|
83
JP Morgan Chase
New York
| – | -$272K | -10,105 | Closed |
|
84
ProShare Advisors
Bethesda,
Maryland
| – | -$262K | -9,753 | Closed |
|
|
BBHC
85
Brown Brothers Harriman & Co
New York
| – | -$81K | -3,000 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | -$14K | -543 | Closed |
|
87
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$11K | -426 | Closed |
|
|
PCM
88
Prelude Capital Management
New York
| – | -$5K | -200 | Closed |
|
SP Hedge Fund Activity: Q4 2013 in Review
79 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in SP Plus Corporation (SP) for Q4 2013, worth a combined $426M — down 4.9% from $448M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SP and 6 opened new positions — a net loss of 3 holders — while 25 trimmed existing stakes and 37 added.
The largest buyer was Wellington Management Group, adding an estimated $12.9M. The largest seller was William Blair & Company, cutting an estimated $38.9M.
- 79 institutional investors held SP Plus Corporation (SP) as of Q4 2013, down from 82 in Q3 2013.
- Funds reported $426M of SP Plus Corporation stock for Q4 2013, down 4.9% quarter-over-quarter.
- 6 funds opened new SP Plus Corporation positions in Q4 2013 and 9 closed out, a net change of -3 holders.
- The largest SP Plus Corporation buyer in Q4 2013 was Wellington Management Group, an estimated $12.9M added.
- The largest SP Plus Corporation seller in Q4 2013 was William Blair & Company, an estimated $38.9M sold.
Based on aggregated 13F filings for Q4 2013.