SP Plus Corporation
SP was delisted on the 15th of May, 2024.
125 hedge funds and large institutions have $438M invested in SP Plus Corporation in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 53 increasing their positions, 47 reducing their positions, and 38 closing their positions.
280% more call options, than puts
Call options by funds: $2.07M | Put options by funds: $545K
13% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 47
19% less funds holding
Funds holding: 155 → 125 (-30)
52% less capital invested
Capital invested by funds: $911M → $438M (-$473M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
74% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
P2 Capital Partners
New York
|
+$13.4M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$5.84M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$5.58M |
| 4 |
WCM Investment Management
Laguna Beach,
California
|
+$4.64M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$4.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$12.2M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.86M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$3.79M |
| 4 |
BlackRock
New York
|
-$3.61M |
| 5 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
-$3.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UFF
151
USA Financial Formulas
Ada,
Michigan
| – | -$224K | -5,282 | Closed |
|
|
QT
152
Quantbot Technologies
New York
| – | -$216K | -5,096 | Closed |
|
153
Simplex Trading
Chicago,
Illinois
| – | -$167K | -4,558 | Closed |
|
|
MWNA
154
Marshall Wace North America
New York
| – | -$190K | -4,473 | Closed |
|
|
PAM
155
Panagora Asset Management
Boston,
Massachusetts
| – | -$133K | -3,143 | Closed |
|
|
EA
156
Emerald Advisers
Leola,
Pennsylvania
| – | -$52K | -1,217 | Closed |
|
|
EMFAT
157
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
| – | -$38K | -906 | Closed |
|
|
AIM
158
Aigen Investment Management
New York
| – | -$24K | -558 | Closed |
|
|
PHK
159
Point72 Hong Kong
Hong Kong
| – | -$20K | -463 | Closed |
|
160
Lazard Asset Management
New York
| – | -$17K | -417 | Closed |
|
|
GEA
161
Glen Eagle Advisors
Kingston,
New Jersey
| – | -$8.49K | -200 | Closed |
|
|
NFG
162
Next Financial Group
Houston,
Texas
| – | -$4K | -85 | Closed |
|
|
QCG
163
Quadrant Capital Group
Cincinnati,
Ohio
| – | +$695 | +19 | New |
|
SP Hedge Fund Activity: Q1 2020 in Review
125 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in SP Plus Corporation (SP) for Q1 2020, worth a combined $438M — down 52% from $911M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of SP and 10 opened new positions — a net loss of 28 holders — while 47 trimmed existing stakes and 53 added.
The largest buyer was P2 Capital Partners, adding an estimated $13.4M. The largest seller was Morgan Stanley, cutting an estimated $12.2M.
- 125 institutional investors held SP Plus Corporation (SP) as of Q1 2020, down from 155 in Q4 2019.
- Funds reported $438M of SP Plus Corporation stock for Q1 2020, down 52% quarter-over-quarter.
- 10 funds opened new SP Plus Corporation positions in Q1 2020 and 38 closed out, a net change of -28 holders.
- The largest SP Plus Corporation buyer in Q1 2020 was P2 Capital Partners, an estimated $13.4M added.
- The largest SP Plus Corporation seller in Q1 2020 was Morgan Stanley, an estimated $12.2M sold.
Based on aggregated 13F filings for Q1 2020.