SP Plus Corporation
SP was delisted on the 15th of May, 2024.
93 hedge funds and large institutions have $403M invested in SP Plus Corporation in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 43 increasing their positions, 24 reducing their positions, and 12 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 24
2% more capital invested
Capital invested by funds: $395M → $403M (+$7.89M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 95 → 93 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.98M |
| 2 |
VCM
Venator Capital Management
Toronto,
Ontario, Canada
|
+$3.04M |
| 3 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
+$2.87M |
| 4 |
WCM Investment Management
Laguna Beach,
California
|
+$1.86M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$3.29M |
| 2 |
BCM
Breithorn Capital Management
New York
|
-$2.06M |
| 3 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$1.81M |
| 4 |
ECM
EII Capital Management
New York
|
-$1.27M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$735K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
BNP Paribas Financial Markets
Paris,
France
| – | -$73.4K | -3,072 | Closed |
|
|
BBHC
102
Brown Brothers Harriman & Co
New York
| – | -$72K | -3,000 | Closed |
|
103
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$65K | -2,700 | Closed |
|
|
TRCT
104
Tower Research Capital (TRC)
New York
| – | -$7K | -306 | Closed |
|
105
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -27 | Closed |
|
SP Hedge Fund Activity: Q1 2016 in Review
93 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in SP Plus Corporation (SP) for Q1 2016, worth a combined $403M — up 2% from $395M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SP and 10 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 43 added.
The largest buyer was Wellington Management Group, adding an estimated $3.98M. The largest seller was Janus Henderson Investors US, cutting an estimated $3.29M.
- 93 institutional investors held SP Plus Corporation (SP) as of Q1 2016, down from 95 in Q4 2015.
- Funds reported $403M of SP Plus Corporation stock for Q1 2016, up 2% quarter-over-quarter.
- 10 funds opened new SP Plus Corporation positions in Q1 2016 and 12 closed out, a net change of -2 holders.
- The largest SP Plus Corporation buyer in Q1 2016 was Wellington Management Group, an estimated $3.98M added.
- The largest SP Plus Corporation seller in Q1 2016 was Janus Henderson Investors US, an estimated $3.29M sold.
Based on aggregated 13F filings for Q1 2016.