Smith-Midland
SMID
29 hedge funds and large institutions have $37.1M invested in Smith-Midland in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 3 reducing their positions, and 11 closing their positions.
333% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 3
1.76% more ownership
Funds ownership: 38.37% → 40.13% (+1.8%)
22% less funds holding
Funds holding: 37 → 29 (-8)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
61% less capital invested
Capital invested by funds: $94M → $37.1M (-$56.8M)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
+$1.84M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.12M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$767K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$711K |
| 5 |
Renaissance Technologies
New York
|
+$484K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.57M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$1.31M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.2M |
| 4 |
RWM
Ritholtz Wealth Management
New York
|
-$391K |
| 5 |
BEAM
Baker Ellis Asset Management
Vancouver,
Washington
|
-$374K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $8K | -$15.7K | -619 | -59% |
|
|
ATC
27
Adirondack Trust Company
Saratoga Springs,
New York
| $6K | +$4.81K | +190 | +136% |
|
|
28
Ameriprise
Minneapolis,
Minnesota
| – | -$1.57M | -33,367 | Closed |
|
|
EI
29
EAM Investors
Solana Beach,
California
| – | -$1.31M | -27,918 | Closed |
|
|
PAIM
30
Punch & Associates Investment Management
Edina,
Minnesota
| – | -$1.2M | -25,500 | Closed |
|
|
RWM
31
Ritholtz Wealth Management
New York
| – | -$391K | -8,318 | Closed |
|
|
BEAM
32
Baker Ellis Asset Management
Vancouver,
Washington
| – | -$374K | -7,950 | Closed |
|
33
Northern Trust
Chicago,
Illinois
| – | -$360K | -7,656 | Closed |
|
|
MWA
34
MFA Wealth Advisors
Pittsburgh,
Pennsylvania
| – | -$314K | -6,691 | Closed |
|
|
KAS
35
Kestra Advisory Services
Austin,
Texas
| – | -$217K | -4,620 | Closed |
|
|
NA
36
NewEdge Advisors
New Orleans,
Louisiana
| – | -$212K | -4,500 | Closed |
|
|
DWA
37
Dorsey Wright & Associates
Pasadena,
California
| – | -$57K | -1,208 | Closed |
|
38
Osaic Holdings
Scottsdale,
Arizona
| – | -$38K | -800 | Closed |
|
39
Citigroup
New York
| – | +$203 | +8 | New |
|
SMID Hedge Fund Activity: Q1 2022 in Review
29 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Smith-Midland (SMID) for Q1 2022, worth a combined $37.1M — down 61% from $94M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SMID and 4 opened new positions — a net loss of 7 holders — while 3 trimmed existing stakes and 13 added.
The largest buyer was Thompson Davis & Co, adding an estimated $1.84M. The largest seller was Ameriprise, exiting entirely with an estimated $1.57M sold.
- 29 institutional investors held Smith-Midland (SMID) as of Q1 2022, down from 37 in Q4 2021.
- Funds reported $37.1M of Smith-Midland stock for Q1 2022, down 61% quarter-over-quarter.
- 4 funds opened new Smith-Midland positions in Q1 2022 and 11 closed out, a net change of -7 holders.
- The largest Smith-Midland buyer in Q1 2022 was Thompson Davis & Co, an estimated $1.84M added.
- The largest Smith-Midland seller in Q1 2022 was Ameriprise, an estimated $1.57M sold.
Based on aggregated 13F filings for Q1 2022.