Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
8 hedge funds and large institutions have $2.39M invested in Schmitt Industries Inc in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and 3 closing their positions.
7% less capital invested
Capital invested by funds: $2.56M → $2.39M (-$167K)
20% less funds holding
Funds holding: 10 → 8 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.35K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$35K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$13K |
| 3 |
Renaissance Technologies
New York
|
-$2.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
1
Teton Advisors
Rye,
New York
| $1.57M | – | – | – |
|
|
2
Renaissance Technologies
New York
| $586K | -$2.4K | -1,060 | -0.4% |
|
|
BCM
3
Bridgeway Capital Management
Houston,
Texas
| $165K | – | – | – |
|
4
Vanguard Group
Malvern,
Pennsylvania
| $60K | – | – | – |
|
|
5
UBS Group
Zurich,
Switzerland
| $3K | +$3.35K | +1,480 | New |
|
6
Morgan Stanley
New York
| $2K | – | – | – |
|
7
BlackRock
New York
| $1K | – | – | – |
|
|
8
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$35K | -14,767 | Closed |
|
|
9
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$13K | -5,660 | Closed |
|
SMIT Hedge Fund Activity: Q2 2019 in Review
8 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q2 2019, worth a combined $2.39M — down 6.5% from $2.56M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SMIT and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was UBS Group, opening a new position worth an estimated $3.35K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $35K sold.
- 8 institutional investors held Schmitt Industries Inc (SMIT) as of Q2 2019, down from 10 in Q1 2019.
- Funds reported $2.39M of Schmitt Industries Inc stock for Q2 2019, down 6.5% quarter-over-quarter.
- 1 fund opened new Schmitt Industries Inc positions in Q2 2019 and 3 closed out, a net change of -2 holders.
- The largest Schmitt Industries Inc buyer in Q2 2019 was UBS Group, an estimated $3.35K added.
- The largest Schmitt Industries Inc seller in Q2 2019 was Susquehanna International Group, an estimated $35K sold.
Based on aggregated 13F filings for Q2 2019.