Smart Sand
SND
44 hedge funds and large institutions have $10.7M invested in Smart Sand in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 11 closing their positions.
0.51% less ownership
Funds ownership: 16.27% → 15.76% (-0.51%)
10% less funds holding
Funds holding: 49 → 44 (-5)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
19% less capital invested
Capital invested by funds: $13.1M → $10.7M (-$2.44M)
22% less call options, than puts
Call options by funds: $144K | Put options by funds: $184K
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$282K |
| 2 |
CM
CastleKnight Management
New York
|
+$268K |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$162K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$148K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$87.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.03M |
| 2 |
Millennium Management
New York
|
-$713K |
| 3 |
Renaissance Technologies
New York
|
-$198K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$196K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$189K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KFA
51
Kelleher Financial Advisors
New York
| – | -$53K | -30,140 | Closed |
|
|
PPP
52
Private Portfolio Partners
Paramus,
New Jersey
| – | -$34.3K | -19,513 | Closed |
|
53
Wolverine Trading
Chicago,
Illinois
| – | -$21K | -12,428 | Closed |
|
54
UBS Group
Zurich,
Switzerland
| – | -$2.51K | -1,428 | Closed |
|
|
MWC
55
MBM Wealth Consultants
Chesterfield,
Missouri
| – | -$2K | -1,000 | Closed |
|
SND Hedge Fund Activity: Q2 2023 in Review
44 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q2 2023, worth a combined $10.7M — down 19% from $13.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SND and 6 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 10 added.
The largest buyer was Man Group, opening a new position worth an estimated $282K. The largest seller was Wellington Management Group, exiting entirely with an estimated $1.03M sold.
- 44 institutional investors held Smart Sand (SND) as of Q2 2023, down from 49 in Q1 2023.
- Funds reported $10.7M of Smart Sand stock for Q2 2023, down 19% quarter-over-quarter.
- 6 funds opened new Smart Sand positions in Q2 2023 and 11 closed out, a net change of -5 holders.
- The largest Smart Sand buyer in Q2 2023 was Man Group, an estimated $282K added.
- The largest Smart Sand seller in Q2 2023 was Wellington Management Group, an estimated $1.03M sold.
Based on aggregated 13F filings for Q2 2023.