Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
11 hedge funds and large institutions have $2.08M invested in Schmitt Industries Inc in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 1 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
22% more funds holding
Funds holding: 9 → 11 (+2)
19% more capital invested
Capital invested by funds: $1.75M → $2.08M (+$330K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RB
Rodgers Brothers
Harmony,
Pennsylvania
|
+$51.9K |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$37.2K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$4.01K |
| 4 |
Renaissance Technologies
New York
|
+$797 |
| 5 |
TF
Trutina Financial
Bellevue,
Washington
|
+$88 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWR
McAdams Wright Ragen
Seattle,
Washington
|
-$37.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RB
1
Rodgers Brothers
Harmony,
Pennsylvania
| $1.11M | +$51.9K | +19,527 | +5% |
|
|
SKK
2
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| $297K | +$37.2K | +14,000 | +16% |
|
|
3
Renaissance Technologies
New York
| $255K | +$797 | +300 | +0.3% |
|
|
TA
4
Teton Advisors
Rye,
New York
| $233K | – | – | – |
|
5
Dimensional Fund Advisors
Austin,
Texas
| $72K | – | – | – |
|
|
MWR
6
McAdams Wright Ragen
Seattle,
Washington
| $64K | -$37.7K | -14,194 | -39% |
|
7
California Public Employees Retirement System
Sacramento,
California
| $41K | – | – | – |
|
|
U
8
UBS
Zurich,
Switzerland
| $7K | +$4.01K | +1,509 | +169% |
|
9
Morgan Stanley
New York
| – | +$13 | +5 | New |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| – | +$21 | +8 | New |
|
|
TF
11
Trutina Financial
Bellevue,
Washington
| – | +$88 | +33 | New |
|
SMIT Hedge Fund Activity: Q1 2014 in Review
11 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q1 2014, worth a combined $2.08M — up 19% from $1.75M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SMIT positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Rodgers Brothers, adding an estimated $51.9K. The largest seller was McAdams Wright Ragen, cutting an estimated $37.7K.
- 11 institutional investors held Schmitt Industries Inc (SMIT) as of Q1 2014, up from 9 in Q4 2013.
- Funds reported $2.08M of Schmitt Industries Inc stock for Q1 2014, up 19% quarter-over-quarter.
- 3 funds opened new Schmitt Industries Inc positions in Q1 2014 and 1 closed out, a net change of +2 holders.
- The largest Schmitt Industries Inc buyer in Q1 2014 was Rodgers Brothers, an estimated $51.9K added.
- The largest Schmitt Industries Inc seller in Q1 2014 was McAdams Wright Ragen, an estimated $37.7K sold.
Based on aggregated 13F filings for Q1 2014.