Smart Sand
SND
75 hedge funds and large institutions have $69.3M invested in Smart Sand in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 26 reducing their positions, and 15 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 26
2.82% less ownership
Funds ownership: 43.34% → 40.53% (-2.8%)
9% less funds holding
Funds holding: 82 → 75 (-7)
14% less capital invested
Capital invested by funds: $80.8M → $69.3M (-$11.5M)
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
76% less call options, than puts
Call options by funds: $139K | Put options by funds: $569K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$14.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.75M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.56M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.01M |
| 5 |
SRC
Shufro Rose & Co
New York
|
+$752K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$2.7M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$2.34M |
| 3 |
SCM
Signia Capital Management
Spokane,
Washington
|
-$2.29M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$2.06M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.38M |
SND Hedge Fund Activity: Q3 2018 in Review
75 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q3 2018, worth a combined $69.3M — down 14% from $80.8M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SND and 8 opened new positions — a net loss of 7 holders — while 26 trimmed existing stakes and 24 added.
The largest buyer was ClearBridge Investments, adding an estimated $14.3M. The largest seller was Grandeur Peak Global Advisors, exiting entirely with an estimated $2.7M sold.
- 75 institutional investors held Smart Sand (SND) as of Q3 2018, down from 82 in Q2 2018.
- Funds reported $69.3M of Smart Sand stock for Q3 2018, down 14% quarter-over-quarter.
- 8 funds opened new Smart Sand positions in Q3 2018 and 15 closed out, a net change of -7 holders.
- The largest Smart Sand buyer in Q3 2018 was ClearBridge Investments, an estimated $14.3M added.
- The largest Smart Sand seller in Q3 2018 was Grandeur Peak Global Advisors, an estimated $2.7M sold.
Based on aggregated 13F filings for Q3 2018.