Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
10 hedge funds and large institutions have $2.03M invested in Schmitt Industries Inc in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
2% less capital invested
Capital invested by funds: $2.08M → $2.03M (-$52K)
9% less funds holding
Funds holding: 11 → 10 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$51.9K |
| 2 |
Renaissance Technologies
New York
|
+$561 |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$323 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWR
McAdams Wright Ragen
Seattle,
Washington
|
-$289 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RB
1
Rodgers Brothers
Harmony,
Pennsylvania
| $1.06M | – | – | – |
|
|
SKK
2
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| $334K | +$51.9K | +18,485 | +18% |
|
|
3
Renaissance Technologies
New York
| $242K | +$561 | +200 | +0.2% |
|
|
TA
4
Teton Advisors
Rye,
New York
| $221K | – | – | – |
|
5
Dimensional Fund Advisors
Austin,
Texas
| $68K | – | – | – |
|
|
MWR
6
McAdams Wright Ragen
Seattle,
Washington
| $60K | -$289 | -103 | -0.5% |
|
7
California Public Employees Retirement System
Sacramento,
California
| $41K | – | – | – |
|
|
U
8
UBS
Zurich,
Switzerland
| $7K | +$323 | +115 | +5% |
|
|
GSC
9
Ground Swell Capital
Folly Beach,
South Carolina
| $1K | +$1.4K | +500 | New |
|
SMIT Hedge Fund Activity: Q2 2014 in Review
10 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q2 2014, worth a combined $2.03M — down 2.5% from $2.08M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SMIT and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 3 added.
The largest buyer was Shepherd Kaplan Krochuk, adding an estimated $51.9K. The largest seller was McAdams Wright Ragen, cutting an estimated $289.
- 10 institutional investors held Schmitt Industries Inc (SMIT) as of Q2 2014, down from 11 in Q1 2014.
- Funds reported $2.03M of Schmitt Industries Inc stock for Q2 2014, down 2.5% quarter-over-quarter.
- 1 fund opened new Schmitt Industries Inc positions in Q2 2014 and 2 closed out, a net change of -1 holder.
- The largest Schmitt Industries Inc buyer in Q2 2014 was Shepherd Kaplan Krochuk, an estimated $51.9K added.
- The largest Schmitt Industries Inc seller in Q2 2014 was McAdams Wright Ragen, an estimated $289 sold.
Based on aggregated 13F filings for Q2 2014.