Smartsheet Inc.
SMAR
SMAR was delisted on the 21st of January, 2025.
358 hedge funds and large institutions have $5.8B invested in Smartsheet Inc. in 2023 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 128 increasing their positions, 110 reducing their positions, and 29 closing their positions.
605% more call options, than puts
Call options by funds: $77.7M | Put options by funds: $11M
134% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 29
24% more capital invested
Capital invested by funds: $4.68B → $5.8B (+$1.12B)
16% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 110
12% more funds holding
Funds holding: 321 → 358 (+37)
29% less funds holding in top 10
Funds holding in top 10: 17 → 12 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$103M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$50.8M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$33M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$30.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHCM
Sachem Head Capital Management
New York
|
-$65.7M |
| 2 |
DCM
Dorsal Capital Management
Redwood City,
California
|
-$39.7M |
| 3 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
-$39.3M |
| 4 |
ClearBridge Investments
New York
|
-$31.9M |
| 5 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$26.9M |
SMAR Hedge Fund Activity: Q1 2023 in Review
358 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Smartsheet Inc. (SMAR) for Q1 2023, worth a combined $5.8B — up 24% from $4.68B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new SMAR positions and 29 closed out — a net gain of 39 holders — while 128 added to existing stakes and 110 trimmed.
The largest buyer was Invesco, adding an estimated $103M. The largest seller was Sachem Head Capital Management, exiting entirely with an estimated $65.7M sold.
- 358 institutional investors held Smartsheet Inc. (SMAR) as of Q1 2023, up from 321 in Q4 2022.
- Funds reported $5.8B of Smartsheet Inc. stock for Q1 2023, up 24% quarter-over-quarter.
- 68 funds opened new Smartsheet Inc. positions in Q1 2023 and 29 closed out, a net change of +39 holders.
- The largest Smartsheet Inc. buyer in Q1 2023 was Invesco, an estimated $103M added.
- The largest Smartsheet Inc. seller in Q1 2023 was Sachem Head Capital Management, an estimated $65.7M sold.
Based on aggregated 13F filings for Q1 2023.