Smith-Midland
SMID
49 hedge funds and large institutions have $83.1M invested in Smith-Midland in 2024 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 13 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
11% more funds holding
Funds holding: 44 → 49 (+5)
3.94% more ownership
Funds ownership: 52.67% → 56.6% (+3.9%)
36% less capital invested
Capital invested by funds: $130M → $83.1M (-$47.1M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$7.37M |
| 2 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
+$4.14M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.98M |
| 4 |
Rockefeller Capital Management
New York
|
+$1.65M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$3.81M |
| 2 |
Millennium Management
New York
|
-$1.79M |
| 3 |
Jane Street
New York
|
-$1.23M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.2M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$935K |
SMID Hedge Fund Activity: Q2 2024 in Review
49 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Smith-Midland (SMID) for Q2 2024, worth a combined $83.1M — down 36% from $130M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SMID positions and 13 closed out — a net gain of 5 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was BlackRock, adding an estimated $7.37M. The largest seller was Invesco, exiting entirely with an estimated $3.81M sold.
- 49 institutional investors held Smith-Midland (SMID) as of Q2 2024, up from 44 in Q1 2024.
- Funds reported $83.1M of Smith-Midland stock for Q2 2024, down 36% quarter-over-quarter.
- 18 funds opened new Smith-Midland positions in Q2 2024 and 13 closed out, a net change of +5 holders.
- The largest Smith-Midland buyer in Q2 2024 was BlackRock, an estimated $7.37M added.
- The largest Smith-Midland seller in Q2 2024 was Invesco, an estimated $3.81M sold.
Based on aggregated 13F filings for Q2 2024.