Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
10 hedge funds and large institutions have $3.08M invested in Schmitt Industries Inc in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 0 closing their positions.
25% more capital invested
Capital invested by funds: $2.47M → $3.08M (+$611K)
11% more funds holding
Funds holding: 9 → 10 (+1)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.41K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$499 |
| 3 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$98 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teton Advisors
Rye,
New York
|
-$29.7K |
| 2 |
CCM
Corsair Capital Management
New York
|
-$26.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
1
Teton Advisors
Rye,
New York
| $2.41M | -$29.7K | -10,000 | -1% |
|
|
CCM
2
Corsair Capital Management
New York
| $326K | -$26.5K | -8,924 | -9% |
|
|
BCM
3
Bridgeway Capital Management
Houston,
Texas
| $247K | – | – | – |
|
4
Vanguard Group
Malvern,
Pennsylvania
| $89K | – | – | – |
|
|
5
UBS Group
Zurich,
Switzerland
| $6K | +$2.41K | +812 | +91% |
|
6
BlackRock
New York
| $2K | – | – | – |
|
|
7
Bank of America
Charlotte,
North Carolina
| $1K | +$499 | +168 | New |
|
|
OPS
8
Orion Portfolio Solutions
Omaha,
Nebraska
| – | +$98 | +33 | New |
|
SMIT Hedge Fund Activity: Q2 2020 in Review
10 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q2 2020, worth a combined $3.08M — up 25% from $2.47M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SMIT positions and 0 closed out — a net gain of 2 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was UBS Group, adding an estimated $2.41K. The largest seller was Teton Advisors, cutting an estimated $29.7K.
- 10 institutional investors held Schmitt Industries Inc (SMIT) as of Q2 2020, up from 9 in Q1 2020.
- Funds reported $3.08M of Schmitt Industries Inc stock for Q2 2020, up 25% quarter-over-quarter.
- 2 funds opened new Schmitt Industries Inc positions in Q2 2020 and 0 closed out, a net change of +2 holders.
- The largest Schmitt Industries Inc buyer in Q2 2020 was UBS Group, an estimated $2.41K added.
- The largest Schmitt Industries Inc seller in Q2 2020 was Teton Advisors, an estimated $29.7K sold.
Based on aggregated 13F filings for Q2 2020.