Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
11 hedge funds and large institutions have $3.02M invested in Schmitt Industries Inc in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
6% less capital invested
Capital invested by funds: $3.21M → $3.02M (-$189K)
15% less funds holding
Funds holding: 13 → 11 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$306K |
| 2 |
Renaissance Technologies
New York
|
+$46.6K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$22.5K |
| 4 |
TA
Teton Advisors
Rye,
New York
|
+$9.04K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$58.5K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$53K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$42K |
| 4 |
ARTA
A.R.T. Advisors
New York
|
-$29K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.38K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
1
Teton Advisors
Rye,
New York
| $1.64M | +$9.04K | +4,000 | +0.6% |
|
|
2
Renaissance Technologies
New York
| $663K | +$46.6K | +20,600 | +8% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $317K | +$306K | +135,492 | New |
|
|
BCM
4
Bridgeway Capital Management
Houston,
Texas
| $173K | – | – | – |
|
|
5
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $111K | +$22.5K | +9,959 | +27% |
|
6
Vanguard Group
Malvern,
Pennsylvania
| $62K | – | – | – |
|
|
SKK
7
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| $51K | -$58.5K | -25,900 | -55% |
|
|
8
UBS Group
Zurich,
Switzerland
| $2K | -$2.38K | -1,055 | -52% |
|
9
BlackRock
New York
| $1K | – | – | – |
|
|
10
California Public Employees Retirement System
Sacramento,
California
| – | -$53K | -19,474 | Closed |
|
|
11
Acadian Asset Management
Boston,
Massachusetts
| – | -$42K | -15,669 | Closed |
|
|
ARTA
12
A.R.T. Advisors
New York
| – | -$29K | -10,820 | Closed |
|
|
13
Bank of America
Charlotte,
North Carolina
| – | +$5 | +2 | New |
|
SMIT Hedge Fund Activity: Q2 2018 in Review
11 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q2 2018, worth a combined $3.02M — down 5.9% from $3.21M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SMIT and 2 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $306K. The largest seller was Shepherd Kaplan Krochuk, cutting an estimated $58.5K.
- 11 institutional investors held Schmitt Industries Inc (SMIT) as of Q2 2018, down from 13 in Q1 2018.
- Funds reported $3.02M of Schmitt Industries Inc stock for Q2 2018, down 5.9% quarter-over-quarter.
- 2 funds opened new Schmitt Industries Inc positions in Q2 2018 and 4 closed out, a net change of -2 holders.
- The largest Schmitt Industries Inc buyer in Q2 2018 was Susquehanna International Group, an estimated $306K added.
- The largest Schmitt Industries Inc seller in Q2 2018 was Shepherd Kaplan Krochuk, an estimated $58.5K sold.
Based on aggregated 13F filings for Q2 2018.