Smart Sand
SND
50 hedge funds and large institutions have $21.2M invested in Smart Sand in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 19 reducing their positions, and 13 closing their positions.
66% more call options, than puts
Call options by funds: $618K | Put options by funds: $372K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8.48% less ownership
Funds ownership: 38.53% → 30.05% (-8.5%)
15% less funds holding
Funds holding: 59 → 50 (-9)
38% less capital invested
Capital invested by funds: $34.2M → $21.2M (-$13M)
53% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 19
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$1.17M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$268K |
| 3 |
Two Sigma Advisers
New York
|
+$245K |
| 4 |
Renaissance Technologies
New York
|
+$168K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$26K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCG
Clearlake Capital Group
Santa Monica,
California
|
-$2.31M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.44M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.04M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$967K |
| 5 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$607K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Jane Street
New York
| – | -$87K | -43,653 | Closed |
|
|
JF
52
Jump Financial
Chicago,
Illinois
| – | -$85K | -42,500 | Closed |
|
53
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$70K | -34,972 | Closed |
|
|
HF
54
HRT Financial
New York
| – | -$68K | -34,217 | Closed |
|
55
Goldman Sachs
New York
| – | -$67K | -33,672 | Closed |
|
|
VF
56
Virtu Financial
New York
| – | -$63K | -31,578 | Closed |
|
|
NIMC
57
Nierenberg Investment Management Company
Camas,
Washington
| – | -$35K | -17,555 | Closed |
|
58
Osaic Holdings
Scottsdale,
Arizona
| – | -$32K | -16,000 | Closed |
|
|
E
59
Ergoteles
New York
| – | -$24K | -12,000 | Closed |
|
60
Wells Fargo
San Francisco,
California
| – | +$30 | +16 | +10% |
|
61
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$156 | +82 | New |
|
|
NFSG
62
Newbridge Financial Services Group
Boca Raton,
Florida
| – | +$570 | +300 | New |
|
SND Hedge Fund Activity: Q3 2022 in Review
50 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q3 2022, worth a combined $21.2M — down 38% from $34.2M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SND and 5 opened new positions — a net loss of 8 holders — while 19 trimmed existing stakes and 9 added.
The largest buyer was Prescott Group Capital Management, opening a new position worth an estimated $1.17M. The largest seller was Clearlake Capital Group, cutting an estimated $2.31M.
- 50 institutional investors held Smart Sand (SND) as of Q3 2022, down from 59 in Q2 2022.
- Funds reported $21.2M of Smart Sand stock for Q3 2022, down 38% quarter-over-quarter.
- 5 funds opened new Smart Sand positions in Q3 2022 and 13 closed out, a net change of -8 holders.
- The largest Smart Sand buyer in Q3 2022 was Prescott Group Capital Management, an estimated $1.17M added.
- The largest Smart Sand seller in Q3 2022 was Clearlake Capital Group, an estimated $2.31M sold.
Based on aggregated 13F filings for Q3 2022.