Smart Sand
SND
49 hedge funds and large institutions have $13.1M invested in Smart Sand in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 9 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
4% less funds holding
Funds holding: 51 → 49 (-2)
9.43% less ownership
Funds ownership: 25.71% → 16.27% (-9.4%)
15% less call options, than puts
Call options by funds: $214K | Put options by funds: $252K
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
36% less capital invested
Capital invested by funds: $20.6M → $13.1M (-$7.52M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.09M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$650K |
| 3 |
CM
CastleKnight Management
New York
|
+$357K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$207K |
| 5 |
Renaissance Technologies
New York
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCG
Clearlake Capital Group
Santa Monica,
California
|
-$9.26M |
| 2 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$706K |
| 3 |
BlackRock
New York
|
-$256K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$169K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$148K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OQS
51
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
| – | -$83.5K | -46,633 | Closed |
|
|
SSA
52
Schonfeld Strategic Advisors
New York
| – | -$41.9K | -23,400 | Closed |
|
53
Belvedere Trading
Chicago,
Illinois
| – | -$24K | -13,399 | Closed |
|
|
MCC
54
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$893 | -499 | Closed |
|
|
CAS
55
Coppell Advisory Solutions
Coppell,
Texas
| – | -$122 | -68 | Closed |
|
|
CASC
56
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$122 | -68 | Closed |
|
57
Bank of America
Charlotte,
North Carolina
| – | -$43 | -24 | Closed |
|
58
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$102 | +55 | New |
|
SND Hedge Fund Activity: Q1 2023 in Review
49 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q1 2023, worth a combined $13.1M — down 36% from $20.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SND and 7 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 16 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $1.09M. The largest seller was Clearlake Capital Group, exiting entirely with an estimated $9.26M sold.
- 49 institutional investors held Smart Sand (SND) as of Q1 2023, down from 51 in Q4 2022.
- Funds reported $13.1M of Smart Sand stock for Q1 2023, down 36% quarter-over-quarter.
- 7 funds opened new Smart Sand positions in Q1 2023 and 9 closed out, a net change of -2 holders.
- The largest Smart Sand buyer in Q1 2023 was Wellington Management Group, an estimated $1.09M added.
- The largest Smart Sand seller in Q1 2023 was Clearlake Capital Group, an estimated $9.26M sold.
Based on aggregated 13F filings for Q1 2023.