Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
9 hedge funds and large institutions have $3.42M invested in Schmitt Industries Inc in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
10% less funds holding
Funds holding: 10 → 9 (-1)
22% less capital invested
Capital invested by funds: $4.39M → $3.42M (-$965K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DMK
David M. Knott
|
+$12.6K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$7.34K |
| 3 |
Morgan Stanley
New York
|
+$4.03K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$30.8K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
1
Teton Advisors
Rye,
New York
| $2.55M | – | – | – |
|
|
BCM
2
Bridgeway Capital Management
Houston,
Texas
| $304K | – | – | – |
|
|
3
Morgan Stanley
New York
| $216K | +$4.03K | +800 | +2% |
|
|
4
Osaic Holdings
Scottsdale,
Arizona
| $197K | -$30.8K | -6,110 | -12% |
|
5
Vanguard Group
Malvern,
Pennsylvania
| $133K | – | – | – |
|
|
DMK
6
David M. Knott
| $11K | +$12.6K | +2,500 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $10K | +$7.34K | +1,458 | +157% |
|
8
BlackRock
New York
| $2K | – | – | – |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| – | -$2K | -331 | Closed |
|
SMIT Hedge Fund Activity: Q3 2021 in Review
9 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q3 2021, worth a combined $3.42M — down 22% from $4.39M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SMIT and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was David M. Knott, opening a new position worth an estimated $12.6K. The largest seller was Osaic Holdings, cutting an estimated $30.8K.
- 9 institutional investors held Schmitt Industries Inc (SMIT) as of Q3 2021, down from 10 in Q2 2021.
- Funds reported $3.42M of Schmitt Industries Inc stock for Q3 2021, down 22% quarter-over-quarter.
- 1 fund opened new Schmitt Industries Inc positions in Q3 2021 and 2 closed out, a net change of -1 holder.
- The largest Schmitt Industries Inc buyer in Q3 2021 was David M. Knott, an estimated $12.6K added.
- The largest Schmitt Industries Inc seller in Q3 2021 was Osaic Holdings, an estimated $30.8K sold.
Based on aggregated 13F filings for Q3 2021.