Smart Sand
SND
91 hedge funds and large institutions have $111M invested in Smart Sand in 2018 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 35 increasing their positions, 27 reducing their positions, and 15 closing their positions.
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
30% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 27
5% more funds holding
Funds holding: 87 → 91 (+4)
5.13% less ownership
Funds ownership: 51.79% → 46.66% (-5.1%)
39% less capital invested
Capital invested by funds: $181M → $111M (-$69.8M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $309K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
+$6.9M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2.44M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$1.99M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.63M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$25.7M |
| 2 |
Millennium Management
New York
|
-$3.93M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.67M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$1.24M |
| 5 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$717K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMG
101
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$246K | -28,400 | Closed |
|
|
FRM
102
Fox Run Management
Greenwich,
Connecticut
| – | -$157K | -18,150 | Closed |
|
|
SRAM
103
Stone Ridge Asset Management
New York
| – | -$144K | -16,649 | Closed |
|
104
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$128K | -14,800 | Closed |
|
105
Schroder Investment Management Group
London,
United Kingdom
| – | -$113K | -13,100 | Closed |
|
SND Hedge Fund Activity: Q1 2018 in Review
91 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q1 2018, worth a combined $111M — down 39% from $181M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SND positions and 15 closed out — a net gain of 5 holders — while 35 added to existing stakes and 27 trimmed.
The largest buyer was Grandeur Peak Global Advisors, opening a new position worth an estimated $6.9M. The largest seller was Victory Capital Management, cutting an estimated $25.7M.
- 91 institutional investors held Smart Sand (SND) as of Q1 2018, up from 87 in Q4 2017.
- Funds reported $111M of Smart Sand stock for Q1 2018, down 39% quarter-over-quarter.
- 20 funds opened new Smart Sand positions in Q1 2018 and 15 closed out, a net change of +5 holders.
- The largest Smart Sand buyer in Q1 2018 was Grandeur Peak Global Advisors, an estimated $6.9M added.
- The largest Smart Sand seller in Q1 2018 was Victory Capital Management, an estimated $25.7M sold.
Based on aggregated 13F filings for Q1 2018.