Smith-Midland
SMID
44 hedge funds and large institutions have $130M invested in Smith-Midland in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
34% more capital invested
Capital invested by funds: $96.8M → $130M (+$33.3M)
19% more funds holding
Funds holding: 37 → 44 (+7)
6.06% more ownership
Funds ownership: 46.61% → 52.67% (+6.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
+$8.06M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.31M |
| 3 |
Millennium Management
New York
|
+$1.78M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.04M |
| 5 |
Goldman Sachs
New York
|
+$821K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
Bard Associates
Chicago,
Illinois
|
-$4.11M |
| 2 |
BlackRock
New York
|
-$427K |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$369K |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
-$303K |
| 5 |
6CM
683 Capital Management
New York
|
-$268K |
SMID Hedge Fund Activity: Q1 2024 in Review
44 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Smith-Midland (SMID) for Q1 2024, worth a combined $130M — up 34% from $96.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SMID positions and 5 closed out — a net gain of 7 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Thompson Davis & Co, adding an estimated $8.06M. The largest seller was Bard Associates, cutting an estimated $4.11M.
- 44 institutional investors held Smith-Midland (SMID) as of Q1 2024, up from 37 in Q4 2023.
- Funds reported $130M of Smith-Midland stock for Q1 2024, up 34% quarter-over-quarter.
- 12 funds opened new Smith-Midland positions in Q1 2024 and 5 closed out, a net change of +7 holders.
- The largest Smith-Midland buyer in Q1 2024 was Thompson Davis & Co, an estimated $8.06M added.
- The largest Smith-Midland seller in Q1 2024 was Bard Associates, an estimated $4.11M sold.
Based on aggregated 13F filings for Q1 2024.