Smith-Midland
SMID
22 hedge funds and large institutions have $12.6M invested in Smith-Midland in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
1.9% more ownership
Funds ownership: 15.57% → 17.47% (+1.9%)
4% less funds holding
Funds holding: 23 → 22 (-1)
34% less capital invested
Capital invested by funds: $19.1M → $12.6M (-$6.47M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
Bard Associates
Chicago,
Illinois
|
+$2.67M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$922K |
| 3 |
NIM
Needham Investment Management
New York
|
+$412K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$341K |
| 5 |
IC
Inverness Counsel
New York
|
+$339K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.97M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$1.71M |
| 3 |
APA
American Portfolios Advisors
Holbrook,
New York
|
-$27.4K |
| 4 |
BEAM
Baker Ellis Asset Management
Vancouver,
Washington
|
-$23.8K |
| 5 |
Morgan Stanley
New York
|
-$12.8K |
SMID Hedge Fund Activity: Q3 2021 in Review
22 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Smith-Midland (SMID) for Q3 2021, worth a combined $12.6M — down 34% from $19.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SMID and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 12 added.
The largest buyer was Bard Associates, adding an estimated $2.67M. The largest seller was Punch & Associates Investment Management, cutting an estimated $1.97M.
- 22 institutional investors held Smith-Midland (SMID) as of Q3 2021, down from 23 in Q2 2021.
- Funds reported $12.6M of Smith-Midland stock for Q3 2021, down 34% quarter-over-quarter.
- 1 fund opened new Smith-Midland positions in Q3 2021 and 2 closed out, a net change of -1 holder.
- The largest Smith-Midland buyer in Q3 2021 was Bard Associates, an estimated $2.67M added.
- The largest Smith-Midland seller in Q3 2021 was Punch & Associates Investment Management, an estimated $1.97M sold.
Based on aggregated 13F filings for Q3 2021.