Stein Mart Inc
SMRT
SMRT was delisted on the 21st of August, 2020.
128 hedge funds and large institutions have $250M invested in Stein Mart Inc in 2015 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 62 increasing their positions, 41 reducing their positions, and 22 closing their positions.
80% more call options, than puts
Call options by funds: $36K | Put options by funds: $20K
51% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 41
9% less funds holding
Funds holding: 140 → 128 (-12)
16% less capital invested
Capital invested by funds: $296M → $250M (-$46.7M)
50% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 22
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$9.16M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$4.62M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$4.45M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.75M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$2.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$13.8M |
| 2 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$6.61M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$3.45M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$1.58M |
| 5 |
ECM
Empirical Capital Management
Hendersonville,
Tennessee
|
-$1.49M |
SMRT Hedge Fund Activity: Q2 2015 in Review
128 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Stein Mart Inc (SMRT) for Q2 2015, worth a combined $250M — down 16% from $296M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of SMRT and 11 opened new positions — a net loss of 11 holders — while 41 trimmed existing stakes and 62 added.
The largest buyer was Royce & Associates, adding an estimated $9.16M. The largest seller was T. Rowe Price Associates, cutting an estimated $13.8M.
- 128 institutional investors held Stein Mart Inc (SMRT) as of Q2 2015, down from 140 in Q1 2015.
- Funds reported $250M of Stein Mart Inc stock for Q2 2015, down 16% quarter-over-quarter.
- 11 funds opened new Stein Mart Inc positions in Q2 2015 and 22 closed out, a net change of -11 holders.
- The largest Stein Mart Inc buyer in Q2 2015 was Royce & Associates, an estimated $9.16M added.
- The largest Stein Mart Inc seller in Q2 2015 was T. Rowe Price Associates, an estimated $13.8M sold.
Based on aggregated 13F filings for Q2 2015.