SmartRent
SMRT
130 hedge funds and large institutions have $201M invested in SmartRent in 2024 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 46 increasing their positions, 26 reducing their positions, and 19 closing their positions.
1,220% more call options, than puts
Call options by funds: $66K | Put options by funds: $5K
77% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 26
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
5% more funds holding
Funds holding: 124 → 130 (+6)
5.41% less ownership
Funds ownership: 62.68% → 57.27% (-5.4%)
34% less capital invested
Capital invested by funds: $302M → $201M (-$102M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$4.06M |
| 2 |
CC
Clearline Capital
New York
|
+$3.78M |
| 3 |
CG
Caprock Group
Boise,
Idaho
|
+$2.19M |
| 4 |
LPC
Long Pond Capital
New York
|
+$1.42M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$13.4M |
| 2 |
OWIM
Old West Investment Management
Los Angeles,
California
|
-$6.98M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.62M |
| 4 |
LBIM
Land & Buildings Investment Management
Stamford,
Connecticut
|
-$3.48M |
| 5 |
RA
Royce & Associates
New York
|
-$3.47M |
SMRT Hedge Fund Activity: Q3 2024 in Review
130 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in SmartRent (SMRT) for Q3 2024, worth a combined $201M — down 34% from $302M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SMRT positions and 19 closed out — a net gain of 6 holders — while 46 added to existing stakes and 26 trimmed.
The largest buyer was Citigroup, adding an estimated $4.06M. The largest seller was Vulcan Value Partners, cutting an estimated $13.4M.
- 130 institutional investors held SmartRent (SMRT) as of Q3 2024, up from 124 in Q2 2024.
- Funds reported $201M of SmartRent stock for Q3 2024, down 34% quarter-over-quarter.
- 25 funds opened new SmartRent positions in Q3 2024 and 19 closed out, a net change of +6 holders.
- The largest SmartRent buyer in Q3 2024 was Citigroup, an estimated $4.06M added.
- The largest SmartRent seller in Q3 2024 was Vulcan Value Partners, an estimated $13.4M sold.
Based on aggregated 13F filings for Q3 2024.