Stein Mart Inc
SMRT
SMRT was delisted on the 21st of August, 2020.
140 hedge funds and large institutions have $297M invested in Stein Mart Inc in 2015 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 56 increasing their positions, 33 reducing their positions, and 8 closing their positions.
275% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 8
70% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 33
52.46% more ownership
Funds ownership: 0% → 52.46% (+52%)
17% more funds holding
Funds holding: 120 → 140 (+20)
8% more call options, than puts
Call options by funds: $26K | Put options by funds: $24K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
17% less capital invested
Capital invested by funds: $358M → $297M (-$61.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Foresters Investment Management
New York
|
+$10.2M |
| 2 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$7.51M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$5.65M |
| 4 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
+$4.56M |
| 5 |
Two Sigma Investments
New York
|
+$3.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$34M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$19.5M |
| 3 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$3.57M |
| 4 |
VNA
VNBTrust National Association
Charlottesville,
Virginia
|
-$1.51M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$1.49M |
SMRT Hedge Fund Activity: Q1 2015 in Review
140 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Stein Mart Inc (SMRT) for Q1 2015, worth a combined $297M — down 17% from $358M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SMRT positions and 8 closed out — a net gain of 22 holders — while 56 added to existing stakes and 33 trimmed.
The largest buyer was Foresters Investment Management, opening a new position worth an estimated $10.2M. The largest seller was Royce & Associates, cutting an estimated $34M.
- 140 institutional investors held Stein Mart Inc (SMRT) as of Q1 2015, up from 120 in Q4 2014.
- Funds reported $297M of Stein Mart Inc stock for Q1 2015, down 17% quarter-over-quarter.
- 30 funds opened new Stein Mart Inc positions in Q1 2015 and 8 closed out, a net change of +22 holders.
- The largest Stein Mart Inc buyer in Q1 2015 was Foresters Investment Management, an estimated $10.2M added.
- The largest Stein Mart Inc seller in Q1 2015 was Royce & Associates, an estimated $34M sold.
Based on aggregated 13F filings for Q1 2015.