SP Plus Corporation
SP was delisted on the 15th of May, 2024.
151 hedge funds and large institutions have $657M invested in SP Plus Corporation in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 47 increasing their positions, 56 reducing their positions, and 20 closing their positions.
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
3% more capital invested
Capital invested by funds: $640M → $657M (+$16.2M)
0% more funds holding
Funds holding: 151 → 151 (0)
16% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 56
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
79% less call options, than puts
Call options by funds: $589K | Put options by funds: $2.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$7.21M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$3.91M |
| 3 |
MIIM
Mesirow Institutional Investment Management
Chicago,
Illinois
|
+$3.57M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$2.61M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
-$10.4M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.42M |
| 3 |
Millennium Management
New York
|
-$1.88M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.82M |
| 5 |
Two Sigma Investments
New York
|
-$1.64M |
SP Hedge Fund Activity: Q1 2023 in Review
151 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in SP Plus Corporation (SP) for Q1 2023, worth a combined $657M — up 2.5% from $640M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SP positions and 20 closed out — a net gain of 2 holders — while 47 added to existing stakes and 56 trimmed.
The largest buyer was Great Lakes Advisors, opening a new position worth an estimated $7.21M. The largest seller was Bernzott Capital Advisors, cutting an estimated $10.4M.
- 151 institutional investors held SP Plus Corporation (SP) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $657M of SP Plus Corporation stock for Q1 2023, up 2.5% quarter-over-quarter.
- 22 funds opened new SP Plus Corporation positions in Q1 2023 and 20 closed out, a net change of +2 holders.
- The largest SP Plus Corporation buyer in Q1 2023 was Great Lakes Advisors, an estimated $7.21M added.
- The largest SP Plus Corporation seller in Q1 2023 was Bernzott Capital Advisors, an estimated $10.4M sold.
Based on aggregated 13F filings for Q1 2023.