Smith Micro Software
SMSI
31 hedge funds and large institutions have $10.4M invested in Smith Micro Software in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 6 closing their positions.
39% more capital invested
Capital invested by funds: $7.47M → $10.4M (+$2.92M)
6% less funds holding
Funds holding: 33 → 31 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$219K |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$112K |
| 3 |
Renaissance Technologies
New York
|
+$73.3K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$21K |
| 5 |
Morgan Stanley
New York
|
+$9.29K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sophrosyne Capital
New York
|
-$1.41M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$153K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$56.8K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$46.5K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$32.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $1K | – | – | – |
|
|
WEC
27
Winslow Evans & Crocker
Boston,
Massachusetts
| $1K | +$861 | +5 | New |
|
|
AIG
28
American International Group
New York
| $814 | – | – | – |
|
29
BNP Paribas Financial Markets
Paris,
France
| $666 | +$516 | +3 | New |
|
30
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3 | – | – | – |
|
|
RFC
31
Russell Frank Company
Seattle,
Washington
| – | -$32K | -226 | Closed |
|
|
32
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$32.7K | -190 | Closed |
|
|
RCM
33
Rotella Capital Management
Bellevue,
Washington
| – | -$15K | -105 | Closed |
|
34
AQR Capital Management
Greenwich,
Connecticut
| – | -$10K | -70 | Closed |
|
|
ARTA
35
A.R.T. Advisors
New York
| – | -$9K | -68 | Closed |
|
|
VHAM
36
Van Hulzen Asset Management
El Dorado Hills,
California
| – | +$11K | +64 | New |
|
SMSI Hedge Fund Activity: Q4 2013 in Review
31 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Smith Micro Software (SMSI) for Q4 2013, worth a combined $10.4M — up 39% from $7.47M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SMSI and 4 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Royce & Associates, adding an estimated $219K. The largest seller was Sophrosyne Capital, cutting an estimated $1.41M.
- 31 institutional investors held Smith Micro Software (SMSI) as of Q4 2013, down from 33 in Q3 2013.
- Funds reported $10.4M of Smith Micro Software stock for Q4 2013, up 39% quarter-over-quarter.
- 4 funds opened new Smith Micro Software positions in Q4 2013 and 6 closed out, a net change of -2 holders.
- The largest Smith Micro Software buyer in Q4 2013 was Royce & Associates, an estimated $219K added.
- The largest Smith Micro Software seller in Q4 2013 was Sophrosyne Capital, an estimated $1.41M sold.
Based on aggregated 13F filings for Q4 2013.