SP Plus Corporation
SP was delisted on the 15th of May, 2024.
171 hedge funds and large institutions have $866M invested in SP Plus Corporation in 2017 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 65 increasing their positions, 54 reducing their positions, and 11 closing their positions.
209% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 11
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
32% more capital invested
Capital invested by funds: $657M → $866M (+$209M)
20% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 54
14% more funds holding
Funds holding: 150 → 171 (+21)
12% less call options, than puts
Call options by funds: $2.29M | Put options by funds: $2.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$10.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.35M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.4M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$5.25M |
| 5 |
DS
Dudley & Shanley
Palm Beach,
Florida
|
+$4.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$27.2M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$12M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$11.4M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$6.26M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$5.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
176
Driehaus Capital Management
Chicago,
Illinois
| – | -$425K | -13,903 | Closed |
|
|
QC
177
Quadrature Capital
London,
United Kingdom
| – | -$336K | -11,012 | Closed |
|
178
JP Morgan Chase
New York
| – | -$318K | -10,400 | Closed |
|
|
VIA
179
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$294K | -9,639 | Closed |
|
|
PP
180
Paloma Partners
Greenwich,
Connecticut
| – | -$238K | -7,800 | Closed |
|
|
BCM
181
BlueCrest Capital Management
St Helier,
Jersey
| – | -$221K | -7,249 | Closed |
|
|
AIM
182
Acrospire Investment Management
Chicago,
Illinois
| – | -$69K | -2,267 | Closed |
|
SP Hedge Fund Activity: Q3 2017 in Review
171 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in SP Plus Corporation (SP) for Q3 2017, worth a combined $866M — up 32% from $657M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SP positions and 11 closed out — a net gain of 23 holders — while 65 added to existing stakes and 54 trimmed.
The largest buyer was Granite Investment Partners, opening a new position worth an estimated $10.2M. The largest seller was Wellington Management Group, cutting an estimated $27.2M.
- 171 institutional investors held SP Plus Corporation (SP) as of Q3 2017, up from 150 in Q2 2017.
- Funds reported $866M of SP Plus Corporation stock for Q3 2017, up 32% quarter-over-quarter.
- 34 funds opened new SP Plus Corporation positions in Q3 2017 and 11 closed out, a net change of +23 holders.
- The largest SP Plus Corporation buyer in Q3 2017 was Granite Investment Partners, an estimated $10.2M added.
- The largest SP Plus Corporation seller in Q3 2017 was Wellington Management Group, an estimated $27.2M sold.
Based on aggregated 13F filings for Q3 2017.