SmartRent
SMRT
123 hedge funds and large institutions have $388M invested in SmartRent in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 52 increasing their positions, 24 reducing their positions, and 8 closing their positions.
838% more call options, than puts
Call options by funds: $441K | Put options by funds: $47K
117% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 24
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
28% more capital invested
Capital invested by funds: $304M → $388M (+$83.8M)
8% more funds holding
Funds holding: 114 → 123 (+9)
1.68% more ownership
Funds ownership: 58.16% → 59.84% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.31M |
| 2 |
BlackRock
New York
|
+$2.18M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.08M |
| 4 |
Millennium Management
New York
|
+$1.99M |
| 5 |
BC
Beaconlight Capital
New York
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$1.79M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.43M |
| 3 |
LBIM
Land & Buildings Investment Management
Stamford,
Connecticut
|
-$1.21M |
| 4 |
LPC
Long Pond Capital
New York
|
-$699K |
| 5 |
Citigroup
New York
|
-$586K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCM
126
Graham Capital Management
Rowayton,
Connecticut
| – | -$40.9K | -15,665 | Closed |
|
|
BCM
127
Bayesian Capital Management
Brooklyn,
New York
| – | -$38.4K | -14,700 | Closed |
|
128
Teacher Retirement System of Texas
Austin,
Texas
| – | -$32K | -12,239 | Closed |
|
129
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$2.63K | -1,000 | Closed |
|
SMRT Hedge Fund Activity: Q4 2023 in Review
123 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in SmartRent (SMRT) for Q4 2023, worth a combined $388M — up 28% from $304M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SMRT positions and 8 closed out — a net gain of 9 holders — while 52 added to existing stakes and 24 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $2.31M. The largest seller was Vulcan Value Partners, cutting an estimated $1.79M.
- 123 institutional investors held SmartRent (SMRT) as of Q4 2023, up from 114 in Q3 2023.
- Funds reported $388M of SmartRent stock for Q4 2023, up 28% quarter-over-quarter.
- 17 funds opened new SmartRent positions in Q4 2023 and 8 closed out, a net change of +9 holders.
- The largest SmartRent buyer in Q4 2023 was Dimensional Fund Advisors, an estimated $2.31M added.
- The largest SmartRent seller in Q4 2023 was Vulcan Value Partners, an estimated $1.79M sold.
Based on aggregated 13F filings for Q4 2023.