Smart Sand
SND
53 hedge funds and large institutions have $59.5M invested in Smart Sand in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 21 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
25% more capital invested
Capital invested by funds: $47.7M → $59.5M (+$11.9M)
2% more funds holding
Funds holding: 52 → 53 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.14% less ownership
Funds ownership: 43.39% → 41.25% (-2.1%)
46% less call options, than puts
Call options by funds: $470K | Put options by funds: $872K
52% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$225K |
| 2 |
State Street
Boston,
Massachusetts
|
+$205K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$168K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$155K |
| 5 |
MSFS
Main Street Financial Solutions
Newtown,
Pennsylvania
|
+$132K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.93M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$524K |
| 3 |
Renaissance Technologies
New York
|
-$338K |
| 4 |
Millennium Management
New York
|
-$178K |
| 5 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
-$131K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Arrowstreet Capital
Boston,
Massachusetts
| – | -$70K | -27,811 | Closed |
|
|
HAG
52
HighPoint Advisor Group
Downers Grove,
Illinois
| – | -$39K | -15,600 | Closed |
|
|
REMPR
53
Roof Eidam Maycock Peralta (REMP)
San Francisco,
California
| – | -$26K | -10,335 | Closed |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| – | -$14.6K | -5,579 | -99% |
|
55
Wells Fargo
San Francisco,
California
| – | -$5 | -2 | -1% |
|
|
CG
56
Cutler Group
San Francisco,
California
| – | +$683 | +261 | New |
|
SND Hedge Fund Activity: Q2 2021 in Review
53 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q2 2021, worth a combined $59.5M — up 25% from $47.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SND positions and 4 closed out — a net gain of 1 holder — while 10 added to existing stakes and 21 trimmed.
The largest buyer was D.E. Shaw & Co, opening a new position worth an estimated $225K. The largest seller was Fidelity Investments, cutting an estimated $1.93M.
- 53 institutional investors held Smart Sand (SND) as of Q2 2021, up from 52 in Q1 2021.
- Funds reported $59.5M of Smart Sand stock for Q2 2021, up 25% quarter-over-quarter.
- 5 funds opened new Smart Sand positions in Q2 2021 and 4 closed out, a net change of +1 holder.
- The largest Smart Sand buyer in Q2 2021 was D.E. Shaw & Co, an estimated $225K added.
- The largest Smart Sand seller in Q2 2021 was Fidelity Investments, an estimated $1.93M sold.
Based on aggregated 13F filings for Q2 2021.