Smart Sand
SND
84 hedge funds and large institutions have $136M invested in Smart Sand in 2017 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 34 increasing their positions, 20 reducing their positions, and 27 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 20
5.62% less ownership
Funds ownership: 55.26% → 49.64% (-5.6%)
10% less funds holding
Funds holding: 93 → 84 (-9)
30% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 27
32% less capital invested
Capital invested by funds: $199M → $136M (-$62.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$7.7M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$7.03M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$6.09M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$3.84M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$9.87M |
| 2 |
Citigroup
New York
|
-$8.36M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$7.38M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
-$6.98M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$5.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
101
Highbridge Capital Management
New York
| – | -$154K | -17,208 | Closed |
|
|
GAM
102
Gotham Asset Management
New York
| – | -$142K | -15,955 | Closed |
|
103
US Bancorp
Minneapolis,
Minnesota
| – | -$94K | -10,563 | Closed |
|
|
NIT
104
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$85K | -9,500 | Closed |
|
105
UBS AM
Chicago,
Illinois
| – | -$23.9K | -2,687 | Closed |
|
|
QT
106
Quantbot Technologies
New York
| – | -$21K | -2,358 | Closed |
|
|
WAM
107
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$10K | -1,090 | Closed |
|
108
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$6K | -622 | Closed |
|
|
NA
109
NewEdge Advisors
New Orleans,
Louisiana
| – | -$3.6K | -500 | Closed |
|
110
Simplex Trading
Chicago,
Illinois
| – | +$759 | +118 | New |
|
SND Hedge Fund Activity: Q3 2017 in Review
84 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q3 2017, worth a combined $136M — down 32% from $199M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of SND and 19 opened new positions — a net loss of 8 holders — while 20 trimmed existing stakes and 34 added.
The largest buyer was ClearBridge LLC (Maryland), adding an estimated $7.7M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $9.87M sold.
- 84 institutional investors held Smart Sand (SND) as of Q3 2017, down from 93 in Q2 2017.
- Funds reported $136M of Smart Sand stock for Q3 2017, down 32% quarter-over-quarter.
- 19 funds opened new Smart Sand positions in Q3 2017 and 27 closed out, a net change of -8 holders.
- The largest Smart Sand buyer in Q3 2017 was ClearBridge LLC (Maryland), an estimated $7.7M added.
- The largest Smart Sand seller in Q3 2017 was Eagle Asset Management, an estimated $9.87M sold.
Based on aggregated 13F filings for Q3 2017.