SP Plus Corporation
SP was delisted on the 15th of May, 2024.
110 hedge funds and large institutions have $373M invested in SP Plus Corporation in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 45 increasing their positions, 33 reducing their positions, and 31 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 33
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 127 → 110 (-17)
20% less capital invested
Capital invested by funds: $466M → $373M (-$93.1M)
52% less call options, than puts
Call options by funds: $460K | Put options by funds: $957K
55% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$17.3M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$5.88M |
| 3 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$3.4M |
| 4 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
+$2.59M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HR
Hayden Royal
Charlotte,
North Carolina
|
-$39.2M |
| 2 |
PCP
P2 Capital Partners
New York
|
-$16.8M |
| 3 |
Renaissance Technologies
New York
|
-$3.71M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$3.11M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$2.75M |
SP Hedge Fund Activity: Q3 2020 in Review
110 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in SP Plus Corporation (SP) for Q3 2020, worth a combined $373M — down 20% from $466M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of SP and 14 opened new positions — a net loss of 17 holders — while 33 trimmed existing stakes and 45 added.
The largest buyer was Russell Investments Group, adding an estimated $17.3M. The largest seller was Hayden Royal, exiting entirely with an estimated $39.2M sold.
- 110 institutional investors held SP Plus Corporation (SP) as of Q3 2020, down from 127 in Q2 2020.
- Funds reported $373M of SP Plus Corporation stock for Q3 2020, down 20% quarter-over-quarter.
- 14 funds opened new SP Plus Corporation positions in Q3 2020 and 31 closed out, a net change of -17 holders.
- The largest SP Plus Corporation buyer in Q3 2020 was Russell Investments Group, an estimated $17.3M added.
- The largest SP Plus Corporation seller in Q3 2020 was Hayden Royal, an estimated $39.2M sold.
Based on aggregated 13F filings for Q3 2020.