Smart Sand
SND
46 hedge funds and large institutions have $16.6M invested in Smart Sand in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 9 closing their positions.
30,100% more call options, than puts
Call options by funds: $302K | Put options by funds: $1K
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
1% more capital invested
Capital invested by funds: $16.3M → $16.6M (+$214K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.34% less ownership
Funds ownership: 20.47% → 20.13% (-0.34%)
10% less funds holding
Funds holding: 51 → 46 (-5)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VA
Verdad Advisers
Boston,
Massachusetts
|
+$478K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$197K |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$164K |
| 4 |
CM
CastleKnight Management
New York
|
+$92K |
| 5 |
NIMC
Nierenberg Investment Management Company
Camas,
Washington
|
+$86K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$156K |
| 2 |
Millennium Management
New York
|
-$155K |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$151K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$146K |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
51
Two Sigma Securities
New York
| – | -$23.9K | -12,409 | Closed |
|
52
UBS Group
Zurich,
Switzerland
| – | -$5.94K | -3,079 | Closed |
|
53
Simplex Trading
Chicago,
Illinois
| – | -$3.16K | -1,653 | Closed |
|
|
NFSG
54
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$579 | -300 | Closed |
|
|
TSWM
55
Tyler-Stone Wealth Management
Beachwood,
Ohio
| – | -$25 | -13 | Closed |
|
SND Hedge Fund Activity: Q1 2024 in Review
46 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q1 2024, worth a combined $16.6M — up 1.3% from $16.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SND and 5 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 16 added.
The largest buyer was Verdad Advisers, opening a new position worth an estimated $478K. The largest seller was Renaissance Technologies, cutting an estimated $156K.
- 46 institutional investors held Smart Sand (SND) as of Q1 2024, down from 51 in Q4 2023.
- Funds reported $16.6M of Smart Sand stock for Q1 2024, up 1.3% quarter-over-quarter.
- 5 funds opened new Smart Sand positions in Q1 2024 and 9 closed out, a net change of -4 holders.
- The largest Smart Sand buyer in Q1 2024 was Verdad Advisers, an estimated $478K added.
- The largest Smart Sand seller in Q1 2024 was Renaissance Technologies, an estimated $156K sold.
Based on aggregated 13F filings for Q1 2024.