ScottsMiracle-Gro
440 hedge funds and large institutions have $2.77B invested in ScottsMiracle-Gro in 2023 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 151 increasing their positions, 141 reducing their positions, and 53 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
42% more capital invested
Capital invested by funds: $1.95B → $2.77B (+$822M)
40% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 53
3% more funds holding
Funds holding: 426 → 440 (+14)
7% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 141
2.37% less ownership
Funds ownership: 72.99% → 70.62% (-2.4%)
43% less call options, than puts
Call options by funds: $98.7M | Put options by funds: $174M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$30.1M |
| 2 |
BlackRock
New York
|
+$19.8M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$19M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$17.8M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$50.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$38M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
-$30.5M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$22.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$22.4M |
SMG Hedge Fund Activity: Q1 2023 in Review
440 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in ScottsMiracle-Gro (SMG) for Q1 2023, worth a combined $2.77B — up 42% from $1.95B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new SMG positions and 53 closed out — a net gain of 21 holders — while 151 added to existing stakes and 141 trimmed.
The largest buyer was Intrinsic Edge Capital Management, opening a new position worth an estimated $30.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $50.6M.
- 440 institutional investors held ScottsMiracle-Gro (SMG) as of Q1 2023, up from 426 in Q4 2022.
- Funds reported $2.77B of ScottsMiracle-Gro stock for Q1 2023, up 42% quarter-over-quarter.
- 74 funds opened new ScottsMiracle-Gro positions in Q1 2023 and 53 closed out, a net change of +21 holders.
- The largest ScottsMiracle-Gro buyer in Q1 2023 was Intrinsic Edge Capital Management, an estimated $30.1M added.
- The largest ScottsMiracle-Gro seller in Q1 2023 was T. Rowe Price Associates, an estimated $50.6M sold.
Based on aggregated 13F filings for Q1 2023.