SmartRent
SMRT
124 hedge funds and large institutions have $302M invested in SmartRent in 2024 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 22 reducing their positions, and 23 closing their positions.
145% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.67% less ownership
Funds ownership: 63.35% → 62.68% (-0.67%)
4% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 23
2% less funds holding
Funds holding: 126 → 124 (-2)
13% less capital invested
Capital invested by funds: $346M → $302M (-$43.6M)
30% less call options, than puts
Call options by funds: $14K | Put options by funds: $20K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$13M |
| 2 |
LBIM
Land & Buildings Investment Management
Stamford,
Connecticut
|
+$6.25M |
| 3 |
BDAM
Blue Door Asset Management
Stamford,
Connecticut
|
+$3.71M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$2.06M |
| 5 |
BlackRock
New York
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Simcoe Capital Management
New York
|
-$11.2M |
| 2 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$11.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.07M |
| 4 |
BAMCO Inc
New York
|
-$5.16M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.4M |
SMRT Hedge Fund Activity: Q2 2024 in Review
124 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in SmartRent (SMRT) for Q2 2024, worth a combined $302M — down 13% from $346M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SMRT and 22 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 54 added.
The largest buyer was Long Pond Capital, adding an estimated $13M. The largest seller was Simcoe Capital Management, exiting entirely with an estimated $11.2M sold.
- 124 institutional investors held SmartRent (SMRT) as of Q2 2024, down from 126 in Q1 2024.
- Funds reported $302M of SmartRent stock for Q2 2024, down 13% quarter-over-quarter.
- 22 funds opened new SmartRent positions in Q2 2024 and 23 closed out, a net change of -1 holder.
- The largest SmartRent buyer in Q2 2024 was Long Pond Capital, an estimated $13M added.
- The largest SmartRent seller in Q2 2024 was Simcoe Capital Management, an estimated $11.2M sold.
Based on aggregated 13F filings for Q2 2024.