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)
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 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
1
Teton Advisors
Rye,
New York
| $1.88M | – | – | – |
|
|
2
Renaissance Technologies
New York
| $709K | +$21K | +7,700 | +3% |
|
|
BCM
3
Bridgeway Capital Management
Houston,
Texas
| $191K | +$193K | +70,802 | New |
|
|
SKK
4
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| $128K | -$32.7K | -12,000 | -20% |
|
|
5
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $101K | -$90.6K | -33,269 | -47% |
|
|
6
Vanguard Group
Malvern,
Pennsylvania
| $69K | +$31.3K | +11,505 | +82% |
|
7
California Public Employees Retirement System
Sacramento,
California
| $53K | – | – | – |
|
|
8
Acadian Asset Management
Boston,
Massachusetts
| $42K | +$23.3K | +8,560 | +120% |
|
|
ARTA
9
A.R.T. Advisors
New York
| $29K | +$29.5K | +10,820 | New |
|
10
UBS Group
Zurich,
Switzerland
| $5K | +$185 | +68 | +3% |
|
11
BlackRock
New York
| $1K | – | – | – |
|
|
RB
12
Rodgers Brothers
Harmony,
Pennsylvania
| – | -$56K | -20,500 | Closed |
|
|
13
JP Morgan Chase
New York
| – | -$49K | -17,944 | Closed |
|
|
AG
14
Advisor Group
Phoenix,
Arizona
| – | -$1K | -281 | Closed |
|
SMIT Hedge Fund Activity: Q1 2018 in Review
13 of the 4,364 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.