Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
13 hedge funds and large institutions have $3.21M invested in Schmitt Industries Inc in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
1% more capital invested
Capital invested by funds: $3.19M → $3.21M (+$23K)
7% less funds holding
Funds holding: 14 → 13 (-1)
9.06% less ownership
Funds ownership: 38.8% → 29.74% (-9.1%)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$193K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$31.3K |
| 3 |
ARTA
A.R.T. Advisors
New York
|
+$29.5K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$23.3K |
| 5 |
Renaissance Technologies
New York
|
+$21K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$90.6K |
| 2 |
RB
Rodgers Brothers
Harmony,
Pennsylvania
|
-$56K |
| 3 |
JP Morgan Chase
New York
|
-$49K |
| 4 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$32.7K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1K |
SMIT Hedge Fund Activity: Q1 2018 in Review
13 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q1 2018, worth a combined $3.21M — up 0.72% from $3.19M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SMIT and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 4 added.
The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $193K. The largest seller was Deutsche Bank, cutting an estimated $90.6K.
- 13 institutional investors held Schmitt Industries Inc (SMIT) as of Q1 2018, down from 14 in Q4 2017.
- Funds reported $3.21M of Schmitt Industries Inc stock for Q1 2018, up 0.72% quarter-over-quarter.
- 2 funds opened new Schmitt Industries Inc positions in Q1 2018 and 3 closed out, a net change of -1 holder.
- The largest Schmitt Industries Inc buyer in Q1 2018 was Bridgeway Capital Management, an estimated $193K added.
- The largest Schmitt Industries Inc seller in Q1 2018 was Deutsche Bank, an estimated $90.6K sold.
Based on aggregated 13F filings for Q1 2018.