Stein Mart Inc
SMRT
SMRT was delisted on the 21st of August, 2020.
115 hedge funds and large institutions have $59.7M invested in Stein Mart Inc in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 46 increasing their positions, 28 reducing their positions, and 23 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 28
8% less funds holding
Funds holding: 125 → 115 (-10)
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
50% less capital invested
Capital invested by funds: $120M → $59.7M (-$60.6M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $128K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$14M |
| 2 |
D.E. Shaw & Co
New York
|
+$1.46M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$997K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$715K |
| 5 |
O
OppenheimerFunds
New York
|
+$663K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Foresters Investment Management
New York
|
-$6.72M |
| 2 |
RA
Royce & Associates
New York
|
-$5.15M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$2.02M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.27M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$898K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
126
Prelude Capital Management
New York
| – | -$173K | -31,641 | Closed |
|
|
TI
127
Trexquant Investment
Stamford,
Connecticut
| – | -$158K | -28,787 | Closed |
|
128
Axa
Paris,
France
| – | -$143K | -26,175 | Closed |
|
|
HHC
129
Hutchin Hill Capital
New York
| – | -$132K | -24,100 | Closed |
|
130
AQR Capital Management
Greenwich,
Connecticut
| – | -$121K | -22,051 | Closed |
|
|
TCM
131
Teza Capital Management
Chicago,
Illinois
| – | -$111K | -20,194 | Closed |
|
|
PA
132
Profund Advisors
Bethesda,
Maryland
| – | -$57K | -10,366 | Closed |
|
|
TRCT
133
Tower Research Capital (TRC)
New York
| – | -$8K | -1,419 | Closed |
|
|
PFBT
134
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | +$290 | +82 | New |
|
|
DADC
135
D.A. Davidson & Co
Great Falls,
Montana
| – | +$1.06K | +300 | New |
|
SMRT Hedge Fund Activity: Q1 2017 in Review
115 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Stein Mart Inc (SMRT) for Q1 2017, worth a combined $59.7M — down 50% from $120M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SMRT and 18 opened new positions — a net loss of 5 holders — while 28 trimmed existing stakes and 46 added.
The largest buyer was BlackRock, adding an estimated $14M. The largest seller was Foresters Investment Management, exiting entirely with an estimated $6.72M sold.
- 115 institutional investors held Stein Mart Inc (SMRT) as of Q1 2017, down from 125 in Q4 2016.
- Funds reported $59.7M of Stein Mart Inc stock for Q1 2017, down 50% quarter-over-quarter.
- 18 funds opened new Stein Mart Inc positions in Q1 2017 and 23 closed out, a net change of -5 holders.
- The largest Stein Mart Inc buyer in Q1 2017 was BlackRock, an estimated $14M added.
- The largest Stein Mart Inc seller in Q1 2017 was Foresters Investment Management, an estimated $6.72M sold.
Based on aggregated 13F filings for Q1 2017.