Smith-Midland
SMID
25 hedge funds and large institutions have $49.6M invested in Smith-Midland in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.
28% more capital invested
Capital invested by funds: $38.6M → $49.6M (+$11M)
0.69% more ownership
Funds ownership: 39.32% → 40.01% (+0.69%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less funds holding
Funds holding: 28 → 25 (-3)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
+$935K |
| 2 |
Morgan Stanley
New York
|
+$66.3K |
| 3 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$30K |
| 4 |
BlackRock
New York
|
+$17.9K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$9.76K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIR
James Investment Research
Alpha,
Ohio
|
-$72K |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$36.6K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$18.8K |
| 4 |
HIMC
Heritage Investors Management Corp
Bethesda,
Maryland
|
-$18.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$13.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JIR
26
James Investment Research
Alpha,
Ohio
| – | -$72K | -3,813 | Closed |
|
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$18.8K | -1,000 | Closed |
|
|
28
UBS Group
Zurich,
Switzerland
| – | -$13.9K | -740 | Closed |
|
SMID Hedge Fund Activity: Q2 2023 in Review
25 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Smith-Midland (SMID) for Q2 2023, worth a combined $49.6M — up 28% from $38.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SMID and 0 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Thompson Davis & Co, adding an estimated $935K. The largest seller was James Investment Research, exiting entirely with an estimated $72K sold.
- 25 institutional investors held Smith-Midland (SMID) as of Q2 2023, down from 28 in Q1 2023.
- Funds reported $49.6M of Smith-Midland stock for Q2 2023, up 28% quarter-over-quarter.
- 0 funds opened new Smith-Midland positions in Q2 2023 and 3 closed out, a net change of -3 holders.
- The largest Smith-Midland buyer in Q2 2023 was Thompson Davis & Co, an estimated $935K added.
- The largest Smith-Midland seller in Q2 2023 was James Investment Research, an estimated $72K sold.
Based on aggregated 13F filings for Q2 2023.