Smart Sand
SND
47 hedge funds and large institutions have $17.5M invested in Smart Sand in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 8 closing their positions.
810% more call options, than puts
Call options by funds: $610K | Put options by funds: $67K
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
64% more capital invested
Capital invested by funds: $10.7M → $17.5M (+$6.81M)
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
7% more funds holding
Funds holding: 44 → 47 (+3)
1.9% more ownership
Funds ownership: 15.76% → 17.66% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$737K |
| 2 |
CM
CastleKnight Management
New York
|
+$448K |
| 3 |
NIMC
Nierenberg Investment Management Company
Camas,
Washington
|
+$308K |
| 4 |
Millennium Management
New York
|
+$211K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$338K |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$222K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$94.1K |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
-$50.7K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$32.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KWM
51
Kingsview Wealth Management
Grants Pass,
Oregon
| – | -$28.7K | -17,500 | Closed |
|
|
52
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$32.1K | -16,236 | Closed |
|
53
Group One Trading
Chicago,
Illinois
| – | -$17.3K | -8,725 | Closed |
|
54
Simplex Trading
Chicago,
Illinois
| – | -$13.9K | -7,014 | Closed |
|
|
NFSG
55
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$492 | -300 | Closed |
|
SND Hedge Fund Activity: Q3 2023 in Review
47 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q3 2023, worth a combined $17.5M — up 64% from $10.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SND positions and 8 closed out — a net gain of 4 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $737K. The largest seller was Man Group, exiting entirely with an estimated $338K sold.
- 47 institutional investors held Smart Sand (SND) as of Q3 2023, up from 44 in Q2 2023.
- Funds reported $17.5M of Smart Sand stock for Q3 2023, up 64% quarter-over-quarter.
- 12 funds opened new Smart Sand positions in Q3 2023 and 8 closed out, a net change of +4 holders.
- The largest Smart Sand buyer in Q3 2023 was Acadian Asset Management, an estimated $737K added.
- The largest Smart Sand seller in Q3 2023 was Man Group, an estimated $338K sold.
Based on aggregated 13F filings for Q3 2023.