Stein Mart Inc
SMRT
SMRT was delisted on the 21st of August, 2020.
116 hedge funds and large institutions have $306M invested in Stein Mart Inc in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 53 increasing their positions, 39 reducing their positions, and 14 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 39
3% more capital invested
Capital invested by funds: $298M → $306M (+$8.34M)
4% less funds holding
Funds holding: 121 → 116 (-5)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
87% less call options, than puts
Call options by funds: $37K | Put options by funds: $293K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$11.6M |
| 2 |
JP Morgan Chase
New York
|
+$3.5M |
| 3 |
Goldman Sachs
New York
|
+$1.79M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.78M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$945K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$3.37M |
| 2 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$2.3M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.16M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$989K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$975K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AI
126
Analytic Investors
Los Angeles,
California
| – | -$251K | -18,403 | Closed |
|
|
EMG
127
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$192K | -14,100 | Closed |
|
|
SCA
128
SAC Capital Advisors
Stamford,
Connecticut
| – | -$185K | -13,560 | Closed |
|
|
CAM
129
ClariVest Asset Management
San Diego,
California
| – | -$126K | -9,254 | Closed |
|
130
Creative Planning
Overland Park,
Kansas
| – | -$1K | -100 | Closed |
|
SMRT Hedge Fund Activity: Q3 2013 in Review
116 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Stein Mart Inc (SMRT) for Q3 2013, worth a combined $306M — up 2.8% from $298M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SMRT and 10 opened new positions — a net loss of 4 holders — while 39 trimmed existing stakes and 53 added.
The largest buyer was Royce & Associates, adding an estimated $11.6M. The largest seller was Lord, Abbett & Co, cutting an estimated $3.37M.
- 116 institutional investors held Stein Mart Inc (SMRT) as of Q3 2013, down from 121 in Q2 2013.
- Funds reported $306M of Stein Mart Inc stock for Q3 2013, up 2.8% quarter-over-quarter.
- 10 funds opened new Stein Mart Inc positions in Q3 2013 and 14 closed out, a net change of -4 holders.
- The largest Stein Mart Inc buyer in Q3 2013 was Royce & Associates, an estimated $11.6M added.
- The largest Stein Mart Inc seller in Q3 2013 was Lord, Abbett & Co, an estimated $3.37M sold.
Based on aggregated 13F filings for Q3 2013.