Smart Sand
SND
85 hedge funds and large institutions have $34.5M invested in Smart Sand in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
5% more funds holding
Funds holding: 81 → 85 (+4)
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
1.56% less ownership
Funds ownership: 36.1% → 34.54% (-1.6%)
46% less capital invested
Capital invested by funds: $63.6M → $34.5M (-$29.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$2.41M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.49M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$910K |
| 4 |
Millennium Management
New York
|
+$534K |
| 5 |
BlackRock
New York
|
+$450K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.53M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$2.42M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.71M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$1.39M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$521K |
SND Hedge Fund Activity: Q2 2019 in Review
85 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q2 2019, worth a combined $34.5M — down 46% from $63.6M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SND positions and 10 closed out — a net gain of 6 holders — while 27 added to existing stakes and 26 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $2.41M. The largest seller was Fidelity Investments, cutting an estimated $3.53M.
- 85 institutional investors held Smart Sand (SND) as of Q2 2019, up from 81 in Q1 2019.
- Funds reported $34.5M of Smart Sand stock for Q2 2019, down 46% quarter-over-quarter.
- 16 funds opened new Smart Sand positions in Q2 2019 and 10 closed out, a net change of +6 holders.
- The largest Smart Sand buyer in Q2 2019 was LSV Asset Management, an estimated $2.41M added.
- The largest Smart Sand seller in Q2 2019 was Fidelity Investments, an estimated $3.53M sold.
Based on aggregated 13F filings for Q2 2019.