Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
14 hedge funds and large institutions have $3.19M invested in Schmitt Industries Inc in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
160% more capital invested
Capital invested by funds: $1.22M → $3.19M (+$1.96M)
17% more funds holding
Funds holding: 12 → 14 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teton Advisors
Rye,
New York
|
+$1.31M |
| 2 |
Renaissance Technologies
New York
|
+$258K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$154K |
| 4 |
JP Morgan Chase
New York
|
+$30.4K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$15.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RB
Rodgers Brothers
Harmony,
Pennsylvania
|
-$553K |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$104K |
| 3 |
ISL
Ingalls & Snyder LLC
New York
|
-$22K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
1
Teton Advisors
Rye,
New York
| $1.91M | +$1.31M | +602,488 | +637% |
|
|
2
Renaissance Technologies
New York
| $698K | +$258K | +118,400 | +87% |
|
|
3
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $194K | +$154K | +70,810 | New |
|
|
SKK
4
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| $163K | -$104K | -47,829 | -45% |
|
|
RB
5
Rodgers Brothers
Harmony,
Pennsylvania
| $56K | -$553K | -253,684 | -93% |
|
6
California Public Employees Retirement System
Sacramento,
California
| $53K | +$10.6K | +4,868 | +33% |
|
|
7
JP Morgan Chase
New York
| $49K | +$30.4K | +13,944 | +349% |
|
8
Vanguard Group
Malvern,
Pennsylvania
| $38K | – | – | – |
|
|
9
Acadian Asset Management
Boston,
Massachusetts
| $19K | +$15.5K | +7,109 | New |
|
10
UBS Group
Zurich,
Switzerland
| $5K | +$3.95K | +1,811 | +1,362% |
|
11
BlackRock
New York
| $1K | +$270 | +124 | +33% |
|
|
AG
12
Advisor Group
Phoenix,
Arizona
| $1K | +$612 | +281 | New |
|
|
ISL
13
Ingalls & Snyder LLC
New York
| – | -$22K | -12,000 | Closed |
|
SMIT Hedge Fund Activity: Q4 2017 in Review
14 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q4 2017, worth a combined $3.19M — up 160% from $1.22M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SMIT positions and 1 closed out — a net gain of 2 holders — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Teton Advisors, adding an estimated $1.31M. The largest seller was Rodgers Brothers, cutting an estimated $553K.
- 14 institutional investors held Schmitt Industries Inc (SMIT) as of Q4 2017, up from 12 in Q3 2017.
- Funds reported $3.19M of Schmitt Industries Inc stock for Q4 2017, up 160% quarter-over-quarter.
- 3 funds opened new Schmitt Industries Inc positions in Q4 2017 and 1 closed out, a net change of +2 holders.
- The largest Schmitt Industries Inc buyer in Q4 2017 was Teton Advisors, an estimated $1.31M added.
- The largest Schmitt Industries Inc seller in Q4 2017 was Rodgers Brothers, an estimated $553K sold.
Based on aggregated 13F filings for Q4 2017.