Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
11 hedge funds and large institutions have $4.31M invested in Schmitt Industries Inc in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and closing their positions.
85% more capital invested
Capital invested by funds: $2.33M → $4.31M (+$1.98M)
38% more funds holding
Funds holding: 8 → 11 (+3)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
+$199K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$334 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$9.69K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$408 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
1
Teton Advisors
Rye,
New York
| $2.7M | – | – | – |
|
|
2
Renaissance Technologies
New York
| $996K | -$9.69K | -2,900 | -1% |
|
|
BCM
3
Bridgeway Capital Management
Houston,
Texas
| $273K | – | – | – |
|
|
CCM
4
Corsair Capital Management
New York
| $230K | +$199K | +59,653 | New |
|
5
Vanguard Group
Malvern,
Pennsylvania
| $99K | – | – | – |
|
6
Morgan Stanley
New York
| $4K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $2K | -$408 | -122 | -18% |
|
8
BlackRock
New York
| $2K | – | – | – |
|
|
VCP
9
Verus Capital Partners
Scottsdale,
Arizona
| $2K | +$1.39K | +416 | New |
|
|
10
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$334 | +100 | New |
|
SMIT Hedge Fund Activity: Q4 2019 in Review
11 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q4 2019, worth a combined $4.31M — up 85% from $2.33M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SMIT positions and 0 closed out — a net gain of 3 holders — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Corsair Capital Management, opening a new position worth an estimated $199K. The largest seller was Renaissance Technologies, cutting an estimated $9.69K.
- 11 institutional investors held Schmitt Industries Inc (SMIT) as of Q4 2019, up from 8 in Q3 2019.
- Funds reported $4.31M of Schmitt Industries Inc stock for Q4 2019, up 85% quarter-over-quarter.
- 3 funds opened new Schmitt Industries Inc positions in Q4 2019 and 0 closed out, a net change of +3 holders.
- The largest Schmitt Industries Inc buyer in Q4 2019 was Corsair Capital Management, an estimated $199K added.
- The largest Schmitt Industries Inc seller in Q4 2019 was Renaissance Technologies, an estimated $9.69K sold.
Based on aggregated 13F filings for Q4 2019.