ScottsMiracle-Gro
356 hedge funds and large institutions have $2.81B invested in ScottsMiracle-Gro in 2018 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 141 increasing their positions, 104 reducing their positions, and 55 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 104
1.87% less ownership
Funds ownership: 66.39% → 64.52% (-1.9%)
4% less funds holding
Funds holding: 369 → 356 (-13)
8% less capital invested
Capital invested by funds: $3.05B → $2.81B (-$237M)
15% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 55
16% less call options, than puts
Call options by funds: $22.2M | Put options by funds: $26.5M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$36.7M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$29M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$24.3M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$18.3M |
| 5 |
D.E. Shaw & Co
New York
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$152M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$38.7M |
| 3 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$35.8M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$17.5M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$12.4M |
SMG Hedge Fund Activity: Q3 2018 in Review
356 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in ScottsMiracle-Gro (SMG) for Q3 2018, worth a combined $2.81B — down 7.8% from $3.05B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of SMG and 47 opened new positions — a net loss of 8 holders — while 104 trimmed existing stakes and 141 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $36.7M. The largest seller was Fidelity Investments, cutting an estimated $152M.
- 356 institutional investors held ScottsMiracle-Gro (SMG) as of Q3 2018, down from 369 in Q2 2018.
- Funds reported $2.81B of ScottsMiracle-Gro stock for Q3 2018, down 7.8% quarter-over-quarter.
- 47 funds opened new ScottsMiracle-Gro positions in Q3 2018 and 55 closed out, a net change of -8 holders.
- The largest ScottsMiracle-Gro buyer in Q3 2018 was Renaissance Technologies, an estimated $36.7M added.
- The largest ScottsMiracle-Gro seller in Q3 2018 was Fidelity Investments, an estimated $152M sold.
Based on aggregated 13F filings for Q3 2018.