SP Plus Corporation
SP was delisted on the 15th of May, 2024.
103 hedge funds and large institutions have $470M invested in SP Plus Corporation in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 50 increasing their positions, 25 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
100% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 25
10% more capital invested
Capital invested by funds: $427M → $470M (+$43M)
7% more funds holding
Funds holding: 96 → 103 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$4.06M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.03M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.83M |
| 4 |
Renaissance Technologies
New York
|
+$1.82M |
| 5 |
Morgan Stanley
New York
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$16.7M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$7.45M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$3.99M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.41M |
| 5 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$1.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Barclays
London,
United Kingdom
| $16K | +$2.12K | +80 | +18% |
|
102
BNP Paribas Financial Markets
Paris,
France
| $10.1K | -$21K | -791 | -69% |
|
103
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | – | – | – |
|
|
104
Arrowstreet Capital
Boston,
Massachusetts
| – | -$1.41M | -55,264 | Closed |
|
|
IGIM
105
I.G. Investment Management
Winnipeg,
Manitoba, Canada
| – | -$1.4M | -54,766 | Closed |
|
|
LAM
106
Lebenthal Asset Management
New York
| – | -$37K | -1,455 | Closed |
|
107
Acadian Asset Management
Boston,
Massachusetts
| – | -$20K | -763 | Closed |
|
SP Hedge Fund Activity: Q4 2016 in Review
103 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in SP Plus Corporation (SP) for Q4 2016, worth a combined $470M — up 10% from $427M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SP positions and 5 closed out — a net gain of 8 holders — while 50 added to existing stakes and 25 trimmed.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $4.06M. The largest seller was T. Rowe Price Associates, cutting an estimated $16.7M.
- 103 institutional investors held SP Plus Corporation (SP) as of Q4 2016, up from 96 in Q3 2016.
- Funds reported $470M of SP Plus Corporation stock for Q4 2016, up 10% quarter-over-quarter.
- 13 funds opened new SP Plus Corporation positions in Q4 2016 and 5 closed out, a net change of +8 holders.
- The largest SP Plus Corporation buyer in Q4 2016 was ArrowMark Colorado Holdings, an estimated $4.06M added.
- The largest SP Plus Corporation seller in Q4 2016 was T. Rowe Price Associates, an estimated $16.7M sold.
Based on aggregated 13F filings for Q4 2016.