Schmitt Industries Inc
SMIT
SMIT was delisted on the 13th of January, 2023.
11 hedge funds and large institutions have $238K invested in Schmitt Industries Inc in 2022 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
10% more funds holding
Funds holding: 10 → 11 (+1)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
85% less capital invested
Capital invested by funds: $1.62M → $238K (-$1.38M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
+$52.7K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$10K |
| 3 |
VF
Virtu Financial
New York
|
+$4.04K |
| 4 |
Morgan Stanley
New York
|
+$5 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$45K |
| 2 |
TA
Teton Advisors
Rye,
New York
|
-$20.7K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$17.1K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$123 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
1
Teton Advisors
Rye,
New York
| $174K | -$20.7K | -18,000 | -3% |
|
|
BCM
2
Bridgeway Capital Management
Houston,
Texas
| $18.7K | – | – | – |
|
|
3
Morgan Stanley
New York
| $15.4K | +$5 | +4 | +0% |
|
|
CL
4
CSS LLC
Chicago,
Illinois
| $13.9K | +$52.7K | +45,869 | New |
|
|
VF
5
Virtu Financial
New York
| $6K | +$4.04K | +3,521 | +22% |
|
|
6
Osaic Holdings
Scottsdale,
Arizona
| $5K | -$17.1K | -14,900 | -48% |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $4K | +$10K | +8,712 | +200% |
|
|
8
UBS Group
Zurich,
Switzerland
| $678 | -$123 | -107 | -5% |
|
9
BlackRock
New York
| $151 | – | – | – |
|
|
CSC
10
Caldwell Sutter Capital
Sausalito,
California
| $82 | +$310 | +270 | New |
|
11
Wells Fargo
San Francisco,
California
| $7 | – | – | – |
|
|
12
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$45K | -21,657 | Closed |
|
SMIT Hedge Fund Activity: Q4 2022 in Review
11 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Schmitt Industries Inc (SMIT) for Q4 2022, worth a combined $238K — down 85% from $1.62M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SMIT positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 3 trimmed.
The largest buyer was CSS LLC, opening a new position worth an estimated $52.7K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $45K sold.
- 11 institutional investors held Schmitt Industries Inc (SMIT) as of Q4 2022, up from 10 in Q3 2022.
- Funds reported $238K of Schmitt Industries Inc stock for Q4 2022, down 85% quarter-over-quarter.
- 2 funds opened new Schmitt Industries Inc positions in Q4 2022 and 1 closed out, a net change of +1 holder.
- The largest Schmitt Industries Inc buyer in Q4 2022 was CSS LLC, an estimated $52.7K added.
- The largest Schmitt Industries Inc seller in Q4 2022 was Susquehanna International Group, an estimated $45K sold.
Based on aggregated 13F filings for Q4 2022.