Smith Micro Software
SMSI
70 hedge funds and large institutions have $54.8M invested in Smith Micro Software in 2022 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 29 reducing their positions, and 19 closing their positions.
99% more call options, than puts
Call options by funds: $2.45M | Put options by funds: $1.23M
0.06% less ownership
Funds ownership: 0.73% → 0.67% (-0.06%)
13% less funds holding
Funds holding: 80 → 70 (-10)
17% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 29
30% less capital invested
Capital invested by funds: $78.4M → $54.8M (-$23.7M)
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$1.05M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$529K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$503K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$245K |
| 5 |
LC
Lindbrook Capital
Calabasas,
California
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.18M |
| 2 |
Goldman Sachs
New York
|
-$849K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$776K |
| 4 |
RAM
Redmond Asset Management
Henrico,
Virginia
|
-$414K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$412K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
76
Virtu Financial
New York
| – | -$129K | -655 | Closed |
|
77
Squarepoint
New York
| – | -$118K | -599 | Closed |
|
78
HighTower Advisors
Chicago,
Illinois
| – | -$96K | -489 | Closed |
|
|
BRWM
79
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$89K | -450 | Closed |
|
|
MIM
80
MetLife Investment Management
Whippany,
New Jersey
| – | -$81.2K | -413 | Closed |
|
81
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$73 | -370 | Closed |
|
82
Two Sigma Investments
New York
| – | -$70K | -354 | Closed |
|
|
PP
83
PDT Partners
New York
| – | -$67K | -341 | Closed |
|
84
SG Americas Securities
New York
| – | -$58K | -297 | Closed |
|
85
ProShare Advisors
Bethesda,
Maryland
| – | -$50K | -252 | Closed |
|
|
MLICM
86
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$18.5K | -94 | Closed |
|
87
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$158 | +1 | +100% |
|
SMSI Hedge Fund Activity: Q1 2022 in Review
70 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Smith Micro Software (SMSI) for Q1 2022, worth a combined $54.8M — down 30% from $78.4M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SMSI and 9 opened new positions — a net loss of 10 holders — while 29 trimmed existing stakes and 24 added.
The largest buyer was Pacific Ridge Capital Partners, adding an estimated $1.05M. The largest seller was Wellington Management Group, exiting entirely with an estimated $3.18M sold.
- 70 institutional investors held Smith Micro Software (SMSI) as of Q1 2022, down from 80 in Q4 2021.
- Funds reported $54.8M of Smith Micro Software stock for Q1 2022, down 30% quarter-over-quarter.
- 9 funds opened new Smith Micro Software positions in Q1 2022 and 19 closed out, a net change of -10 holders.
- The largest Smith Micro Software buyer in Q1 2022 was Pacific Ridge Capital Partners, an estimated $1.05M added.
- The largest Smith Micro Software seller in Q1 2022 was Wellington Management Group, an estimated $3.18M sold.
Based on aggregated 13F filings for Q1 2022.