Smart Sand
SND
93 hedge funds and large institutions have $199M invested in Smart Sand in 2017 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 44 increasing their positions, 22 reducing their positions, and 20 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 22
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
2% more funds holding
Funds holding: 91 → 93 (+2)
1.63% less ownership
Funds ownership: 56.89% → 55.26% (-1.6%)
47% less capital invested
Capital invested by funds: $375M → $199M (-$177M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.61M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.04M |
| 3 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$4.32M |
| 4 |
BlackRock
New York
|
+$4.01M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$4M |
Top Sellers
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$31.1M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
-$11.9M |
| 3 |
Goldman Sachs
New York
|
-$9.11M |
| 4 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$7.4M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$6.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAP
101
Moody Aldrich Partners
Marblehead,
Massachusetts
| – | -$631K | -38,855 | Closed |
|
|
JG
102
Jefferies Group
New York
| – | -$569K | -35,000 | Closed |
|
|
WAM
103
Wolverine Asset Management
Chicago,
Illinois
| – | -$325K | -20,000 | Closed |
|
|
NIM
104
NXG Investment Management
Dallas,
Texas
| – | -$258K | -15,856 | Closed |
|
|
LCM
105
Landscape Capital Management
Englewood,
New Jersey
| – | -$248K | -15,000 | Closed |
|
|
MLICM
106
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$156K | -9,629 | Closed |
|
107
JP Morgan Chase
New York
| – | -$116K | -7,160 | Closed |
|
|
SO
108
STRS Ohio
Columbus,
Ohio
| – | -$61K | -3,800 | Closed |
|
|
AIM
109
Acrospire Investment Management
Chicago,
Illinois
| – | -$27K | -1,664 | Closed |
|
|
FMA
110
FNY Managed Accounts
New York
| – | -$10K | -620 | Closed |
|
|
PCM
111
Prelude Capital Management
New York
| – | -$7K | -400 | Closed |
|
|
BF
112
BOK Financial
Tulsa,
Oklahoma
| – | -$2K | -130 | Closed |
|
SND Hedge Fund Activity: Q2 2017 in Review
93 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q2 2017, worth a combined $199M — down 47% from $375M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SND positions and 20 closed out — a net gain of 2 holders — while 44 added to existing stakes and 22 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $7.61M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $31.1M sold.
- 93 institutional investors held Smart Sand (SND) as of Q2 2017, up from 91 in Q1 2017.
- Funds reported $199M of Smart Sand stock for Q2 2017, down 47% quarter-over-quarter.
- 22 funds opened new Smart Sand positions in Q2 2017 and 20 closed out, a net change of +2 holders.
- The largest Smart Sand buyer in Q2 2017 was Fidelity Investments, an estimated $7.61M added.
- The largest Smart Sand seller in Q2 2017 was Lord, Abbett & Co, an estimated $31.1M sold.
Based on aggregated 13F filings for Q2 2017.