Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
5 hedge funds and large institutions have $3.57M invested in Schmitt Industries Inc in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 5 closing their positions.
16% more capital invested
Capital invested by funds: $3.08M → $3.57M (+$489K)
50% less funds holding
Funds holding: 10 → 5 (-5)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teton Advisors
Rye,
New York
|
-$438K |
| 2 |
CCM
Corsair Capital Management
New York
|
-$326K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$9 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
1
Teton Advisors
Rye,
New York
| $3.07M | -$438K | -96,000 | -14% |
|
|
BCM
2
Bridgeway Capital Management
Houston,
Texas
| $365K | – | – | – |
|
3
Vanguard Group
Malvern,
Pennsylvania
| $132K | – | – | – |
|
4
BlackRock
New York
| $3K | – | – | – |
|
|
CCM
5
Corsair Capital Management
New York
| – | -$326K | -93,068 | Closed |
|
|
6
UBS Group
Zurich,
Switzerland
| – | -$6K | -1,704 | Closed |
|
|
7
Bank of America
Charlotte,
North Carolina
| – | -$1K | -168 | Closed |
|
|
8
Wells Fargo
San Francisco,
California
| – | -$9 | -2 | -9% |
|
SMIT Hedge Fund Activity: Q3 2020 in Review
5 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q3 2020, worth a combined $3.57M — up 16% from $3.08M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SMIT and 0 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 0 added.
The largest seller was Teton Advisors, cutting an estimated $438K.
- 5 institutional investors held Schmitt Industries Inc (SMIT) as of Q3 2020, down from 10 in Q2 2020.
- Funds reported $3.57M of Schmitt Industries Inc stock for Q3 2020, up 16% quarter-over-quarter.
- 0 funds opened new Schmitt Industries Inc positions in Q3 2020 and 5 closed out, a net change of -5 holders.
- The largest Schmitt Industries Inc seller in Q3 2020 was Teton Advisors, an estimated $438K sold.
Based on aggregated 13F filings for Q3 2020.