Smart Sand
SND
52 hedge funds and large institutions have $8.54M invested in Smart Sand in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 19 reducing their positions, and 28 closing their positions.
700% more call options, than puts
Call options by funds: $8K | Put options by funds: $1K
10.86% less ownership
Funds ownership: 30.2% → 19.34% (-11%)
26% less funds holding
Funds holding: 70 → 52 (-18)
37% less capital invested
Capital invested by funds: $13.5M → $8.54M (-$4.92M)
58% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 19
61% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$326K |
| 2 |
Millennium Management
New York
|
+$209K |
| 3 |
Renaissance Technologies
New York
|
+$133K |
| 4 |
Jane Street
New York
|
+$89.4K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$62K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$2.11M |
| 2 |
BlackRock
New York
|
-$1.08M |
| 3 |
State Street
Boston,
Massachusetts
|
-$349K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$270K |
| 5 |
GC
Globeflex Capital
San Diego,
California
|
-$192K |
SND Hedge Fund Activity: Q2 2020 in Review
52 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q2 2020, worth a combined $8.54M — down 37% from $13.5M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SND and 11 opened new positions — a net loss of 17 holders — while 19 trimmed existing stakes and 8 added.
The largest buyer was Quinn Opportunity Partners, adding an estimated $326K. The largest seller was ClearBridge Investments, exiting entirely with an estimated $2.11M sold.
- 52 institutional investors held Smart Sand (SND) as of Q2 2020, down from 70 in Q1 2020.
- Funds reported $8.54M of Smart Sand stock for Q2 2020, down 37% quarter-over-quarter.
- 11 funds opened new Smart Sand positions in Q2 2020 and 28 closed out, a net change of -17 holders.
- The largest Smart Sand buyer in Q2 2020 was Quinn Opportunity Partners, an estimated $326K added.
- The largest Smart Sand seller in Q2 2020 was ClearBridge Investments, an estimated $2.11M sold.
Based on aggregated 13F filings for Q2 2020.