Stein Mart Inc
SMRT
SMRT was delisted on the 21st of August, 2020.
125 hedge funds and large institutions have $120M invested in Stein Mart Inc in 2016 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 31 reducing their positions, and 14 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 31
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
24% more call options, than puts
Call options by funds: $99K | Put options by funds: $80K
7% more funds holding
Funds holding: 117 → 125 (+8)
21% less capital invested
Capital invested by funds: $152M → $120M (-$31.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$2.48M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.85M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.58M |
| 4 |
Bank of New York Mellon
New York
|
+$1.27M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$16.1M |
| 2 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$11M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$697K |
| 4 |
DGI
Discovery Group I
Chicago,
Illinois
|
-$671K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$356K |
SMRT Hedge Fund Activity: Q4 2016 in Review
125 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Stein Mart Inc (SMRT) for Q4 2016, worth a combined $120M — down 21% from $152M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SMRT positions and 14 closed out — a net gain of 8 holders — while 54 added to existing stakes and 31 trimmed.
The largest buyer was Foundry Partners, adding an estimated $2.48M. The largest seller was Royce & Associates, cutting an estimated $16.1M.
- 125 institutional investors held Stein Mart Inc (SMRT) as of Q4 2016, up from 117 in Q3 2016.
- Funds reported $120M of Stein Mart Inc stock for Q4 2016, down 21% quarter-over-quarter.
- 22 funds opened new Stein Mart Inc positions in Q4 2016 and 14 closed out, a net change of +8 holders.
- The largest Stein Mart Inc buyer in Q4 2016 was Foundry Partners, an estimated $2.48M added.
- The largest Stein Mart Inc seller in Q4 2016 was Royce & Associates, an estimated $16.1M sold.
Based on aggregated 13F filings for Q4 2016.