Smart Sand
SND
84 hedge funds and large institutions have $88.5M invested in Smart Sand in 2026 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 32 increasing their positions, 18 reducing their positions, and 7 closing their positions.
102,650% more call options, than puts
Call options by funds: $4.11M | Put options by funds: $4K
300% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 7
78% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 18
58% more capital invested
Capital invested by funds: $56M → $88.5M (+$32.5M)
31% more funds holding
Funds holding: 64 → 84 (+20)
7.59% more ownership
Funds ownership: 32.14% → 39.73% (+7.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Simcoe Capital
Spokane,
Washington
|
+$2.79M |
| 2 |
Millennium Management
New York
|
+$2.04M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.34M |
| 4 |
THC
Truffle Hound Capital
Bethesda,
Maryland
|
+$991K |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$862K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
CastleKnight Management
New York
|
-$1.36M |
| 2 |
First Eagle Investment Management
New York
|
-$902K |
| 3 |
Jane Street
New York
|
-$898K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$504K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$344K |
SND Hedge Fund Activity: Q1 2026 in Review
84 of the 8,133 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q1 2026, worth a combined $88.5M — up 58% from $56M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SND positions and 7 closed out — a net gain of 21 holders — while 32 added to existing stakes and 18 trimmed.
The largest buyer was Simcoe Capital, opening a new position worth an estimated $2.79M. The largest seller was CastleKnight Management, cutting an estimated $1.36M.
- 84 institutional investors held Smart Sand (SND) as of Q1 2026, up from 64 in Q4 2025.
- Funds reported $88.5M of Smart Sand stock for Q1 2026, up 58% quarter-over-quarter.
- 28 funds opened new Smart Sand positions in Q1 2026 and 7 closed out, a net change of +21 holders.
- The largest Smart Sand buyer in Q1 2026 was Simcoe Capital, an estimated $2.79M added.
- The largest Smart Sand seller in Q1 2026 was CastleKnight Management, an estimated $1.36M sold.
Based on aggregated 13F filings for Q1 2026.