Smith Micro Software
SMSI
60 hedge funds and large institutions have $34.9M invested in Smith Micro Software in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 19 closing their positions.
90% more call options, than puts
Call options by funds: $2.66M | Put options by funds: $1.4M
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
0.11% less ownership
Funds ownership: 0.68% → 0.57% (-0.11%)
13% less funds holding
Funds holding: 69 → 60 (-9)
30% less capital invested
Capital invested by funds: $50M → $34.9M (-$15.1M)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.39M |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$865K |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$655K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$416K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$342K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$4.1M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.73M |
| 3 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$1.51M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$1.25M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
-$1.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$9K | -50 | Closed |
|
|
ME
77
McIlrath & Eck
Arlington,
Washington
| – | -$2K | -9 | Closed |
|
|
QT
78
Quantbot Technologies
New York
| – | +$788 | +5 | New |
|
SMSI Hedge Fund Activity: Q3 2020 in Review
60 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Smith Micro Software (SMSI) for Q3 2020, worth a combined $34.9M — down 30% from $50M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SMSI and 11 opened new positions — a net loss of 8 holders — while 17 trimmed existing stakes and 22 added.
The largest buyer was AQR Capital Management, opening a new position worth an estimated $1.39M. The largest seller was Russell Investments Group, exiting entirely with an estimated $4.1M sold.
- 60 institutional investors held Smith Micro Software (SMSI) as of Q3 2020, down from 69 in Q2 2020.
- Funds reported $34.9M of Smith Micro Software stock for Q3 2020, down 30% quarter-over-quarter.
- 11 funds opened new Smith Micro Software positions in Q3 2020 and 19 closed out, a net change of -8 holders.
- The largest Smith Micro Software buyer in Q3 2020 was AQR Capital Management, an estimated $1.39M added.
- The largest Smith Micro Software seller in Q3 2020 was Russell Investments Group, an estimated $4.1M sold.
Based on aggregated 13F filings for Q3 2020.