Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
13 hedge funds and large institutions have $1.49M invested in Schmitt Industries Inc in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
8% more funds holding
Funds holding: 12 → 13 (+1)
22% less capital invested
Capital invested by funds: $1.92M → $1.49M (-$431K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$22K |
| 2 |
RB
Rodgers Brothers
Harmony,
Pennsylvania
|
+$6.16K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.48K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$986 |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$806 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRC
Shufro Rose & Co
New York
|
-$10.8K |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$248 |
SMIT Hedge Fund Activity: Q2 2016 in Review
13 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q2 2016, worth a combined $1.49M — down 22% from $1.92M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SMIT positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $22K. The largest seller was Shufro Rose & Co, cutting an estimated $10.8K.
- 13 institutional investors held Schmitt Industries Inc (SMIT) as of Q2 2016, up from 12 in Q1 2016.
- Funds reported $1.49M of Schmitt Industries Inc stock for Q2 2016, down 22% quarter-over-quarter.
- 2 funds opened new Schmitt Industries Inc positions in Q2 2016 and 1 closed out, a net change of +1 holder.
- The largest Schmitt Industries Inc buyer in Q2 2016 was Citadel Advisors, an estimated $22K added.
- The largest Schmitt Industries Inc seller in Q2 2016 was Shufro Rose & Co, an estimated $10.8K sold.
Based on aggregated 13F filings for Q2 2016.