ScottsMiracle-Gro
412 hedge funds and large institutions have $3.63B invested in ScottsMiracle-Gro in 2020 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 121 increasing their positions, 146 reducing their positions, and 72 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 5 → 10 (+5)
29% more call options, than puts
Call options by funds: $12.4M | Put options by funds: $9.64M
2.58% less ownership
Funds ownership: 66.36% → 63.78% (-2.6%)
4% less funds holding
Funds holding: 431 → 412 (-19)
8% less capital invested
Capital invested by funds: $3.94B → $3.63B (-$304M)
17% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 146
22% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$43.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$37.5M |
| 3 |
FA
Friess Associates
Greenville,
Delaware
|
+$26.3M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$19.4M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Markel Group
Glen Allen,
Virginia
|
-$44.8M |
| 2 |
Renaissance Technologies
New York
|
-$36.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$34.4M |
| 4 |
BlackRock
New York
|
-$31.9M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$23.3M |
SMG Hedge Fund Activity: Q1 2020 in Review
412 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in ScottsMiracle-Gro (SMG) for Q1 2020, worth a combined $3.63B — down 7.7% from $3.94B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of SMG and 56 opened new positions — a net loss of 16 holders — while 146 trimmed existing stakes and 121 added.
The largest buyer was Massachusetts Financial Services, adding an estimated $43.4M. The largest seller was Markel Group, exiting entirely with an estimated $44.8M sold.
- 412 institutional investors held ScottsMiracle-Gro (SMG) as of Q1 2020, down from 431 in Q4 2019.
- Funds reported $3.63B of ScottsMiracle-Gro stock for Q1 2020, down 7.7% quarter-over-quarter.
- 56 funds opened new ScottsMiracle-Gro positions in Q1 2020 and 72 closed out, a net change of -16 holders.
- The largest ScottsMiracle-Gro buyer in Q1 2020 was Massachusetts Financial Services, an estimated $43.4M added.
- The largest ScottsMiracle-Gro seller in Q1 2020 was Markel Group, an estimated $44.8M sold.
Based on aggregated 13F filings for Q1 2020.