SmartRent
SMRT
78 hedge funds and large institutions have $478M invested in SmartRent in 2022 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 18 closing their positions.
600% more call options, than puts
Call options by funds: $98K | Put options by funds: $14K
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
11% more funds holding
Funds holding: 70 → 78 (+8)
6.85% more ownership
Funds ownership: 41.82% → 48.68% (+6.9%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
39% less capital invested
Capital invested by funds: $787M → $478M (-$309M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$49.4M |
| 2 |
LPC
Long Pond Capital
New York
|
+$32M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.3M |
| 4 |
SCGM
Starwood Capital Group Management
Miami Beach,
Florida
|
+$21.6M |
| 5 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$14.1M |
| 2 |
LCG
Luxor Capital Group
New York
|
-$13.2M |
| 3 |
BCP
Bayberry Capital Partners
New York
|
-$12.6M |
| 4 |
BAMCO Inc
New York
|
-$8.72M |
| 5 |
DCP
Diameter Capital Partners
New York
|
-$8.64M |
SMRT Hedge Fund Activity: Q1 2022 in Review
78 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in SmartRent (SMRT) for Q1 2022, worth a combined $478M — down 39% from $787M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SMRT positions and 18 closed out — a net gain of 8 holders — while 22 added to existing stakes and 15 trimmed.
The largest buyer was Vulcan Value Partners, adding an estimated $49.4M. The largest seller was ACK Asset Management, exiting entirely with an estimated $14.1M sold.
- 78 institutional investors held SmartRent (SMRT) as of Q1 2022, up from 70 in Q4 2021.
- Funds reported $478M of SmartRent stock for Q1 2022, down 39% quarter-over-quarter.
- 26 funds opened new SmartRent positions in Q1 2022 and 18 closed out, a net change of +8 holders.
- The largest SmartRent buyer in Q1 2022 was Vulcan Value Partners, an estimated $49.4M added.
- The largest SmartRent seller in Q1 2022 was ACK Asset Management, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2022.