SP Plus Corporation
SP was delisted on the 15th of May, 2024.
123 hedge funds and large institutions have $563M invested in SP Plus Corporation in 2017 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 45 increasing their positions, 37 reducing their positions, and 5 closing their positions.
500% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 5
22% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 37
20% more capital invested
Capital invested by funds: $470M → $563M (+$92.8M)
19% more funds holding
Funds holding: 103 → 123 (+20)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$27.9M |
| 2 |
Millennium Management
New York
|
+$3.02M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$2.93M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$2.73M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$2.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$19.5M |
| 2 |
LCM
Lionstone Capital Management
New York
|
-$4.46M |
| 3 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$2.76M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.79M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$1.61M |
SP Hedge Fund Activity: Q1 2017 in Review
123 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in SP Plus Corporation (SP) for Q1 2017, worth a combined $563M — up 20% from $470M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SP positions and 5 closed out — a net gain of 25 holders — while 45 added to existing stakes and 37 trimmed.
The largest buyer was BlackRock, adding an estimated $27.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $19.5M.
- 123 institutional investors held SP Plus Corporation (SP) as of Q1 2017, up from 103 in Q4 2016.
- Funds reported $563M of SP Plus Corporation stock for Q1 2017, up 20% quarter-over-quarter.
- 30 funds opened new SP Plus Corporation positions in Q1 2017 and 5 closed out, a net change of +25 holders.
- The largest SP Plus Corporation buyer in Q1 2017 was BlackRock, an estimated $27.9M added.
- The largest SP Plus Corporation seller in Q1 2017 was T. Rowe Price Associates, an estimated $19.5M sold.
Based on aggregated 13F filings for Q1 2017.