SP Plus Corporation
SP was delisted on the 15th of May, 2024.
189 hedge funds and large institutions have $1.04B invested in SP Plus Corporation in 2023 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 36 increasing their positions, 73 reducing their positions, and 38 closing their positions.
229% more call options, than puts
Call options by funds: $19.3M | Put options by funds: $5.87M
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
76% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 38
53% more capital invested
Capital invested by funds: $677M → $1.04B (+$358M)
18% more funds holding
Funds holding: 160 → 189 (+29)
51% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$51.4M |
| 2 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$50.1M |
| 3 |
Morgan Stanley
New York
|
+$38.3M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$19.2M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$15.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$53.8M |
| 2 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
-$33.7M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$21.9M |
| 4 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
-$20.9M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$14.1M |
SP Hedge Fund Activity: Q4 2023 in Review
189 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in SP Plus Corporation (SP) for Q4 2023, worth a combined $1.04B — up 53% from $677M a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new SP positions and 38 closed out — a net gain of 29 holders — while 36 added to existing stakes and 73 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $51.4M. The largest seller was Wellington Management Group, exiting entirely with an estimated $53.8M sold.
- 189 institutional investors held SP Plus Corporation (SP) as of Q4 2023, up from 160 in Q3 2023.
- Funds reported $1.04B of SP Plus Corporation stock for Q4 2023, up 53% quarter-over-quarter.
- 67 funds opened new SP Plus Corporation positions in Q4 2023 and 38 closed out, a net change of +29 holders.
- The largest SP Plus Corporation buyer in Q4 2023 was Magnetar Financial, an estimated $51.4M added.
- The largest SP Plus Corporation seller in Q4 2023 was Wellington Management Group, an estimated $53.8M sold.
Based on aggregated 13F filings for Q4 2023.