Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
11 hedge funds and large institutions have $1.03M invested in Schmitt Industries Inc in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
0% more funds holding
Funds holding: 11 → 11 (0)
10% less capital invested
Capital invested by funds: $1.15M → $1.03M (-$115K)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$6.45K |
| 2 |
TA
Teton Advisors
Rye,
New York
|
+$6.45K |
| 3 |
BlackRock
New York
|
+$603 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$58.8K |
| 2 |
RB
Rodgers Brothers
Harmony,
Pennsylvania
|
-$42.8K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.12K |
| 4 |
Renaissance Technologies
New York
|
-$645 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RB
1
Rodgers Brothers
Harmony,
Pennsylvania
| $503K | -$42.8K | -26,566 | -8% |
|
|
2
Renaissance Technologies
New York
| $208K | -$645 | -400 | -0.3% |
|
|
TA
3
Teton Advisors
Rye,
New York
| $131K | +$6.45K | +4,000 | +5% |
|
|
SKK
4
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| $121K | -$58.8K | -36,500 | -32% |
|
5
California Public Employees Retirement System
Sacramento,
California
| $23K | – | – | – |
|
6
Vanguard Group
Malvern,
Pennsylvania
| $22K | – | – | – |
|
|
ISL
7
Ingalls & Snyder LLC
New York
| $19K | – | – | – |
|
|
8
JP Morgan Chase
New York
| $6K | +$6.45K | +4,000 | New |
|
|
9
UBS Group
Zurich,
Switzerland
| $1K | -$3.12K | -1,935 | -80% |
|
|
10
BlackRock
New York
| $1K | +$603 | +374 | New |
|
SMIT Hedge Fund Activity: Q1 2017 in Review
11 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q1 2017, worth a combined $1.03M — down 10% from $1.15M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SMIT positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 4 trimmed.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $6.45K. The largest seller was Shepherd Kaplan Krochuk, cutting an estimated $58.8K.
- 11 institutional investors held Schmitt Industries Inc (SMIT) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $1.03M of Schmitt Industries Inc stock for Q1 2017, down 10% quarter-over-quarter.
- 2 funds opened new Schmitt Industries Inc positions in Q1 2017 and 1 closed out, a net change of +1 holder.
- The largest Schmitt Industries Inc buyer in Q1 2017 was JP Morgan Chase, an estimated $6.45K added.
- The largest Schmitt Industries Inc seller in Q1 2017 was Shepherd Kaplan Krochuk, an estimated $58.8K sold.
Based on aggregated 13F filings for Q1 2017.