SmartRent
SMRT
107 hedge funds and large institutions have $232M invested in SmartRent in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 44 increasing their positions, 29 reducing their positions, and 16 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
52% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 29
21% more capital inflows, than outflows
Capital inflows: $62.7M | Capital outflows: $51.9M
2% more ownership
Funds ownership: 46.19% → 48.18% (+2%)
4% less funds holding
Funds holding: 111 → 107 (-4)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $33K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$26M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$6.85M |
| 3 |
Old West Investment Management
Los Angeles,
California
|
+$5.25M |
| 4 |
Land & Buildings Investment Management
Stamford,
Connecticut
|
+$4.42M |
| 5 |
J. Goldman & Co
New York
|
+$3.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Long Pond Capital
New York
|
-$25.7M |
| 2 |
Vulcan Value Partners
Birmingham,
Alabama
|
-$7.96M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$7.27M |
| 4 |
CCM
CAAS Capital Management
New York
|
-$2.75M |
| 5 |
BAMCO Inc
New York
|
-$2.39M |
SMRT Hedge Fund Activity: Q4 2022 in Review
107 of the 6,242 institutional investors tracked by Wall St. Rank reported a position in SmartRent (SMRT) for Q4 2022, worth a combined $232M — up 10% from $210M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SMRT and 12 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 44 added.
The largest buyer was Citigroup, adding an estimated $26M. The largest seller was Long Pond Capital, cutting an estimated $25.7M.
- 107 institutional investors held SmartRent (SMRT) as of Q4 2022, down from 111 in Q3 2022.
- Funds reported $232M of SmartRent stock for Q4 2022, up 10% quarter-over-quarter.
- 12 funds opened new SmartRent positions in Q4 2022 and 16 closed out, a net change of -4 holders.
- The largest SmartRent buyer in Q4 2022 was Citigroup, an estimated $26M added.
- The largest SmartRent seller in Q4 2022 was Long Pond Capital, an estimated $25.7M sold.
Based on aggregated 13F filings for Q4 2022.