SmartRent
SMRT
49 hedge funds and large institutions have $924M invested in SmartRent in 2021 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 26 closing their positions.
129% more capital invested
Capital invested by funds: $403M → $924M (+$521M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
36.29% more ownership
Funds ownership: 0% → 36.29% (+36%)
16% less funds holding
Funds holding: 58 → 49 (-9)
31% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCVI
Bain Capital Venture Investors
Boston,
Massachusetts
|
+$272M |
| 2 |
BAMCO Inc
New York
|
+$87.6M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$77.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25M |
| 5 |
Goldman Sachs
New York
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Diameter Capital Partners
New York
|
-$31.6M |
| 2 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$15.4M |
| 3 |
MCM
Moore Capital Management
New York
|
-$6.16M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.47M |
| 5 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
-$5.34M |
SMRT Hedge Fund Activity: Q3 2021 in Review
49 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in SmartRent (SMRT) for Q3 2021, worth a combined $924M — up 129% from $403M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of SMRT and 18 opened new positions — a net loss of 8 holders — while 9 trimmed existing stakes and 13 added.
The largest buyer was Bain Capital Venture Investors, opening a new position worth an estimated $272M. The largest seller was Diameter Capital Partners, cutting an estimated $31.6M.
- 49 institutional investors held SmartRent (SMRT) as of Q3 2021, down from 58 in Q2 2021.
- Funds reported $924M of SmartRent stock for Q3 2021, up 129% quarter-over-quarter.
- 18 funds opened new SmartRent positions in Q3 2021 and 26 closed out, a net change of -8 holders.
- The largest SmartRent buyer in Q3 2021 was Bain Capital Venture Investors, an estimated $272M added.
- The largest SmartRent seller in Q3 2021 was Diameter Capital Partners, an estimated $31.6M sold.
Based on aggregated 13F filings for Q3 2021.