Stein Mart Inc
SMRT
SMRT was delisted on the 21st of August, 2020.
120 hedge funds and large institutions have $358M invested in Stein Mart Inc in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 42 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
32% more capital invested
Capital invested by funds: $270M → $358M (+$87.4M)
3% more funds holding
Funds holding: 117 → 120 (+3)
10% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.42M |
| 2 |
Millennium Management
New York
|
+$1.02M |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$756K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$728K |
| 5 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
+$674K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$4.14M |
| 2 |
RA
Royce & Associates
New York
|
-$2.35M |
| 3 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$1.09M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$622K |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$498K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Renaissance Technologies
New York
| – | -$131K | -11,300 | Closed |
|
|
FAM
127
Fortaleza Asset Management
Chicago,
Illinois
| – | -$79K | -6,800 | Closed |
|
|
PCM
128
Prelude Capital Management
New York
| – | -$35K | -3,000 | Closed |
|
129
BNP Paribas Financial Markets
Paris,
France
| – | -$19K | -1,642 | Closed |
|
SMRT Hedge Fund Activity: Q4 2014 in Review
120 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Stein Mart Inc (SMRT) for Q4 2014, worth a combined $358M — up 32% from $270M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SMRT positions and 9 closed out — a net gain of 5 holders — while 38 added to existing stakes and 42 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $2.42M. The largest seller was Paradigm Capital Management Inc, cutting an estimated $4.14M.
- 120 institutional investors held Stein Mart Inc (SMRT) as of Q4 2014, up from 117 in Q3 2014.
- Funds reported $358M of Stein Mart Inc stock for Q4 2014, up 32% quarter-over-quarter.
- 14 funds opened new Stein Mart Inc positions in Q4 2014 and 9 closed out, a net change of +5 holders.
- The largest Stein Mart Inc buyer in Q4 2014 was BlackRock Fund Advisors, an estimated $2.42M added.
- The largest Stein Mart Inc seller in Q4 2014 was Paradigm Capital Management Inc, an estimated $4.14M sold.
Based on aggregated 13F filings for Q4 2014.