SmartRent
SMRT
97 hedge funds and large institutions have $488M invested in SmartRent in 2022 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 28 closing their positions.
68% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 28
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
24% more funds holding
Funds holding: 78 → 97 (+19)
6.45% more ownership
Funds ownership: 48.68% → 55.13% (+6.5%)
2% more capital invested
Capital invested by funds: $478M → $488M (+$9.84M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$22.5M |
| 2 |
State Street
Boston,
Massachusetts
|
+$12M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.12M |
| 4 |
LPC
Long Pond Capital
New York
|
+$8.47M |
| 5 |
LBIM
Land & Buildings Investment Management
Stamford,
Connecticut
|
+$7.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$8.89M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$6.87M |
| 3 |
DCP
Diameter Capital Partners
New York
|
-$4.05M |
| 4 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
-$3.67M |
| 5 |
LCG
Luxor Capital Group
New York
|
-$3.32M |
SMRT Hedge Fund Activity: Q2 2022 in Review
97 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in SmartRent (SMRT) for Q2 2022, worth a combined $488M — up 2.1% from $478M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new SMRT positions and 28 closed out — a net gain of 19 holders — while 22 added to existing stakes and 14 trimmed.
The largest buyer was BlackRock, adding an estimated $22.5M. The largest seller was BAMCO Inc, cutting an estimated $8.89M.
- 97 institutional investors held SmartRent (SMRT) as of Q2 2022, up from 78 in Q1 2022.
- Funds reported $488M of SmartRent stock for Q2 2022, up 2.1% quarter-over-quarter.
- 47 funds opened new SmartRent positions in Q2 2022 and 28 closed out, a net change of +19 holders.
- The largest SmartRent buyer in Q2 2022 was BlackRock, an estimated $22.5M added.
- The largest SmartRent seller in Q2 2022 was BAMCO Inc, an estimated $8.89M sold.
Based on aggregated 13F filings for Q2 2022.