Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
14 hedge funds and large institutions have $1.28M invested in Schmitt Industries Inc in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
8% more funds holding
Funds holding: 13 → 14 (+1)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
13% less capital invested
Capital invested by funds: $1.49M → $1.28M (-$200K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$84.7K |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$76.1K |
| 3 |
Renaissance Technologies
New York
|
+$35.8K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$23.4K |
| 5 |
ISL
Ingalls & Snyder LLC
New York
|
+$20.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RB
Rodgers Brothers
Harmony,
Pennsylvania
|
-$125K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$45K |
| 3 |
SRC
Shufro Rose & Co
New York
|
-$28K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$19K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.56K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RB
1
Rodgers Brothers
Harmony,
Pennsylvania
| $558K | -$125K | -74,700 | -17% |
|
|
SKK
2
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| $269K | +$76.1K | +45,454 | +36% |
|
|
3
Renaissance Technologies
New York
| $190K | +$35.8K | +21,400 | +21% |
|
|
TA
4
Teton Advisors
Rye,
New York
| $122K | – | – | – |
|
|
VKH
5
Virtu KCG Holdings
New York
| $79K | +$84.7K | +50,625 | New |
|
6
California Public Employees Retirement System
Sacramento,
California
| $23K | – | – | – |
|
|
7
Vanguard Group
Malvern,
Pennsylvania
| $22K | +$23.4K | +13,971 | New |
|
|
ISL
8
Ingalls & Snyder LLC
New York
| $19K | +$20.1K | +12,000 | New |
|
|
9
UBS Group
Zurich,
Switzerland
| $1K | -$4.56K | -2,724 | -75% |
|
|
BFA
10
BlackRock Fund Advisors
San Francisco,
California
| $1K | – | – | – |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| $1K | – | – | – |
|
|
12
Dimensional Fund Advisors
Austin,
Texas
| – | -$45K | -24,460 | Closed |
|
|
SRC
13
Shufro Rose & Co
New York
| – | -$28K | -15,000 | Closed |
|
|
14
Citadel Advisors
Miami,
Florida
| – | -$19K | -10,194 | Closed |
|
15
Bank of America
Charlotte,
North Carolina
| – | +$30 | +18 | New |
|
SMIT Hedge Fund Activity: Q3 2016 in Review
14 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q3 2016, worth a combined $1.28M — down 13% from $1.49M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SMIT positions and 3 closed out — a net gain of 1 holder — while 2 added to existing stakes and 2 trimmed.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $84.7K. The largest seller was Rodgers Brothers, cutting an estimated $125K.
- 14 institutional investors held Schmitt Industries Inc (SMIT) as of Q3 2016, up from 13 in Q2 2016.
- Funds reported $1.28M of Schmitt Industries Inc stock for Q3 2016, down 13% quarter-over-quarter.
- 4 funds opened new Schmitt Industries Inc positions in Q3 2016 and 3 closed out, a net change of +1 holder.
- The largest Schmitt Industries Inc buyer in Q3 2016 was Virtu KCG Holdings, an estimated $84.7K added.
- The largest Schmitt Industries Inc seller in Q3 2016 was Rodgers Brothers, an estimated $125K sold.
Based on aggregated 13F filings for Q3 2016.