Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
8 hedge funds and large institutions have $3.65M invested in Schmitt Industries Inc in 2022 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
17% less capital invested
Capital invested by funds: $4.4M → $3.65M (-$744K)
27% less funds holding
Funds holding: 11 → 8 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.09K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.71K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.05K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$172K |
| 2 |
MIM
Meixler Investment Management
Show Low,
Arizona
|
-$84K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$31.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
1
Teton Advisors
Rye,
New York
| $2.89M | – | – | – |
|
|
BCM
2
Bridgeway Capital Management
Houston,
Texas
| $296K | – | – | – |
|
|
3
Morgan Stanley
New York
| $252K | +$6.09K | +1,269 | +3% |
|
|
4
Osaic Holdings
Scottsdale,
Arizona
| $182K | -$31.7K | -6,600 | -15% |
|
|
5
UBS Group
Zurich,
Switzerland
| $20K | +$2.05K | +427 | +12% |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $10K | +$5.71K | +1,191 | +122% |
|
7
BlackRock
New York
| $2K | – | – | – |
|
|
8
Vanguard Group
Malvern,
Pennsylvania
| – | -$172K | -31,357 | Closed |
|
|
MIM
9
Meixler Investment Management
Show Low,
Arizona
| – | -$84K | -15,062 | Closed |
|
SMIT Hedge Fund Activity: Q1 2022 in Review
8 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q1 2022, worth a combined $3.65M — down 17% from $4.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SMIT and 0 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was Morgan Stanley, adding an estimated $6.09K. The largest seller was Vanguard Group, exiting entirely with an estimated $172K sold.
- 8 institutional investors held Schmitt Industries Inc (SMIT) as of Q1 2022, down from 11 in Q4 2021.
- Funds reported $3.65M of Schmitt Industries Inc stock for Q1 2022, down 17% quarter-over-quarter.
- 0 funds opened new Schmitt Industries Inc positions in Q1 2022 and 3 closed out, a net change of -3 holders.
- The largest Schmitt Industries Inc buyer in Q1 2022 was Morgan Stanley, an estimated $6.09K added.
- The largest Schmitt Industries Inc seller in Q1 2022 was Vanguard Group, an estimated $172K sold.
Based on aggregated 13F filings for Q1 2022.