Smith Micro Software
SMSI
33 hedge funds and large institutions have $7.47M invested in Smith Micro Software in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 9 closing their positions.
20% less funds holding
Funds holding: 41 → 33 (-8)
31% less capital invested
Capital invested by funds: $10.8M → $7.47M (-$3.33M)
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$123K |
| 2 |
RA
Royce & Associates
New York
|
+$53.1K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$31.6K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.9K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$17.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sophrosyne Capital
New York
|
-$1.37M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$416K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$70K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$61.2K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$53.9K |
SMSI Hedge Fund Activity: Q3 2013 in Review
33 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Smith Micro Software (SMSI) for Q3 2013, worth a combined $7.47M — down 31% from $10.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SMSI and 2 opened new positions — a net loss of 7 holders — while 14 trimmed existing stakes and 7 added.
The largest buyer was Renaissance Technologies, adding an estimated $123K. The largest seller was Sophrosyne Capital, cutting an estimated $1.37M.
- 33 institutional investors held Smith Micro Software (SMSI) as of Q3 2013, down from 41 in Q2 2013.
- Funds reported $7.47M of Smith Micro Software stock for Q3 2013, down 31% quarter-over-quarter.
- 2 funds opened new Smith Micro Software positions in Q3 2013 and 9 closed out, a net change of -7 holders.
- The largest Smith Micro Software buyer in Q3 2013 was Renaissance Technologies, an estimated $123K added.
- The largest Smith Micro Software seller in Q3 2013 was Sophrosyne Capital, an estimated $1.37M sold.
Based on aggregated 13F filings for Q3 2013.