Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
9 hedge funds and large institutions have $4.64M invested in Schmitt Industries Inc in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
12% more capital invested
Capital invested by funds: $4.14M → $4.64M (+$507K)
0% more funds holding
Funds holding: 9 → 9 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$138K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.15K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$11 |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$6 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$38.5K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$13.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
1
Teton Advisors
Rye,
New York
| $3.49M | – | – | – |
|
|
BCM
2
Bridgeway Capital Management
Houston,
Texas
| $416K | – | – | – |
|
|
3
Osaic Holdings
Scottsdale,
Arizona
| $310K | -$38.5K | -6,700 | -11% |
|
|
4
Morgan Stanley
New York
| $271K | +$138K | +24,020 | +109% |
|
|
5
Vanguard Group
Malvern,
Pennsylvania
| $152K | +$1.15K | +200 | +0.8% |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $6K | -$13.1K | -2,286 | -68% |
|
7
BlackRock
New York
| $3K | – | – | – |
|
|
8
Bank of America
Charlotte,
North Carolina
| – | +$6 | +1 | New |
|
|
9
Wells Fargo
San Francisco,
California
| – | +$11 | +2 | +10% |
|
SMIT Hedge Fund Activity: Q1 2021 in Review
9 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q1 2021, worth a combined $4.64M — up 12% from $4.14M a quarter earlier.
Fund positioning in SMIT was balanced in Q1 2021: 1 fund opened new positions, 1 closed out, 3 added to existing stakes and 2 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $138K. The largest seller was Osaic Holdings, cutting an estimated $38.5K.
- 9 institutional investors held Schmitt Industries Inc (SMIT) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $4.64M of Schmitt Industries Inc stock for Q1 2021, up 12% quarter-over-quarter.
- 1 fund opened new Schmitt Industries Inc positions in Q1 2021 and 1 closed out, a net change of 0 holders.
- The largest Schmitt Industries Inc buyer in Q1 2021 was Morgan Stanley, an estimated $138K added.
- The largest Schmitt Industries Inc seller in Q1 2021 was Osaic Holdings, an estimated $38.5K sold.
Based on aggregated 13F filings for Q1 2021.