Stein Mart Inc
SMRT
SMRT was delisted on the 21st of August, 2020.
117 hedge funds and large institutions have $185M invested in Stein Mart Inc in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 48 increasing their positions, 39 reducing their positions, and 9 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 39
15% more call options, than puts
Call options by funds: $142K | Put options by funds: $124K
7% more capital invested
Capital invested by funds: $172M → $185M (+$12.2M)
1% less funds holding
Funds holding: 118 → 117 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$1.16M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$1.14M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.03M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$528K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$964K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$847K |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$750K |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$662K |
| 5 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$485K |
SMRT Hedge Fund Activity: Q2 2016 in Review
117 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Stein Mart Inc (SMRT) for Q2 2016, worth a combined $185M — up 7.1% from $172M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SMRT and 8 opened new positions — a net loss of 1 holder — while 39 trimmed existing stakes and 48 added.
The largest buyer was Paradigm Capital Management Inc, adding an estimated $1.16M. The largest seller was Charles Schwab, cutting an estimated $964K.
- 117 institutional investors held Stein Mart Inc (SMRT) as of Q2 2016, down from 118 in Q1 2016.
- Funds reported $185M of Stein Mart Inc stock for Q2 2016, up 7.1% quarter-over-quarter.
- 8 funds opened new Stein Mart Inc positions in Q2 2016 and 9 closed out, a net change of -1 holder.
- The largest Stein Mart Inc buyer in Q2 2016 was Paradigm Capital Management Inc, an estimated $1.16M added.
- The largest Stein Mart Inc seller in Q2 2016 was Charles Schwab, an estimated $964K sold.
Based on aggregated 13F filings for Q2 2016.