SP Plus Corporation
SP was delisted on the 15th of May, 2024.
168 hedge funds and large institutions have $783M invested in SP Plus Corporation in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 64 increasing their positions, 75 reducing their positions, and 25 closing their positions.
3% less capital invested
Capital invested by funds: $808M → $783M (-$24.5M)
7% less funds holding
Funds holding: 180 → 168 (-12)
15% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 75
15% less call options, than puts
Call options by funds: $965K | Put options by funds: $1.14M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
44% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DS
Dudley & Shanley
Palm Beach,
Florida
|
+$11.6M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$9.99M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$6.42M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$4.69M |
| 5 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
+$3.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.49M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$6.21M |
| 3 |
BlackRock
New York
|
-$5.67M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$3.25M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.95M |
SP Hedge Fund Activity: Q1 2018 in Review
168 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in SP Plus Corporation (SP) for Q1 2018, worth a combined $783M — down 3% from $808M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of SP and 14 opened new positions — a net loss of 11 holders — while 75 trimmed existing stakes and 64 added.
The largest buyer was Dudley & Shanley, adding an estimated $11.6M. The largest seller was Fidelity Investments, cutting an estimated $7.49M.
- 168 institutional investors held SP Plus Corporation (SP) as of Q1 2018, down from 180 in Q4 2017.
- Funds reported $783M of SP Plus Corporation stock for Q1 2018, down 3% quarter-over-quarter.
- 14 funds opened new SP Plus Corporation positions in Q1 2018 and 25 closed out, a net change of -11 holders.
- The largest SP Plus Corporation buyer in Q1 2018 was Dudley & Shanley, an estimated $11.6M added.
- The largest SP Plus Corporation seller in Q1 2018 was Fidelity Investments, an estimated $7.49M sold.
Based on aggregated 13F filings for Q1 2018.