SmartRent
SMRT
111 hedge funds and large institutions have $210M invested in SmartRent in 2022 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 44 increasing their positions, 23 reducing their positions, and 12 closing their positions.
125% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 12
91% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 23
14% more funds holding
Funds holding: 97 → 111 (+14)
8.94% less ownership
Funds ownership: 55.13% → 46.19% (-8.9%)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
57% less capital invested
Capital invested by funds: $488M → $210M (-$278M)
88% less call options, than puts
Call options by funds: $6K | Put options by funds: $51K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$17.6M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$15.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.5M |
| 4 |
CCM
CAAS Capital Management
New York
|
+$4.44M |
| 5 |
BDAM
Blue Door Asset Management
Stamford,
Connecticut
|
+$4.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCVI
Bain Capital Venture Investors
Boston,
Massachusetts
|
-$98.2M |
| 2 |
SGMPI
Spark Growth Management Partners II
Boston,
Massachusetts
|
-$53M |
| 3 |
WCP
Waterfront Capital Partners
New York
|
-$9.25M |
| 4 |
Blackstone Inc
New York
|
-$2.26M |
| 5 |
OWIM
Old West Investment Management
Los Angeles,
California
|
-$1.48M |
SMRT Hedge Fund Activity: Q3 2022 in Review
111 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in SmartRent (SMRT) for Q3 2022, worth a combined $210M — down 57% from $488M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SMRT positions and 12 closed out — a net gain of 15 holders — while 44 added to existing stakes and 23 trimmed.
The largest buyer was Long Pond Capital, adding an estimated $17.6M. The largest seller was Bain Capital Venture Investors, exiting entirely with an estimated $98.2M sold.
- 111 institutional investors held SmartRent (SMRT) as of Q3 2022, up from 97 in Q2 2022.
- Funds reported $210M of SmartRent stock for Q3 2022, down 57% quarter-over-quarter.
- 27 funds opened new SmartRent positions in Q3 2022 and 12 closed out, a net change of +15 holders.
- The largest SmartRent buyer in Q3 2022 was Long Pond Capital, an estimated $17.6M added.
- The largest SmartRent seller in Q3 2022 was Bain Capital Venture Investors, an estimated $98.2M sold.
Based on aggregated 13F filings for Q3 2022.