Smart Sand
SND
70 hedge funds and large institutions have $12.4M invested in Smart Sand in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 22 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
3.56% less ownership
Funds ownership: 33.78% → 30.21% (-3.6%)
21% less funds holding
Funds holding: 89 → 70 (-19)
62% less capital invested
Capital invested by funds: $33M → $12.4M (-$20.6M)
73% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 22
76% less call options, than puts
Call options by funds: $11K | Put options by funds: $45K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$900K |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$338K |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$301K |
| 4 |
Goldman Sachs
New York
|
+$284K |
| 5 |
State Street
Boston,
Massachusetts
|
+$89.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$741K |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$508K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$500K |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$382K |
| 5 |
D.E. Shaw & Co
New York
|
-$374K |
SND Hedge Fund Activity: Q1 2020 in Review
70 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q1 2020, worth a combined $12.4M — down 62% from $33M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of SND and 6 opened new positions — a net loss of 16 holders — while 22 trimmed existing stakes and 24 added.
The largest buyer was Fidelity Investments, adding an estimated $900K. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $741K sold.
- 70 institutional investors held Smart Sand (SND) as of Q1 2020, down from 89 in Q4 2019.
- Funds reported $12.4M of Smart Sand stock for Q1 2020, down 62% quarter-over-quarter.
- 6 funds opened new Smart Sand positions in Q1 2020 and 22 closed out, a net change of -16 holders.
- The largest Smart Sand buyer in Q1 2020 was Fidelity Investments, an estimated $900K added.
- The largest Smart Sand seller in Q1 2020 was Arrowstreet Capital, an estimated $741K sold.
Based on aggregated 13F filings for Q1 2020.