Smart Sand
SND
49 hedge funds and large institutions have $13.1M invested in Smart Sand in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 9 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
2% less funds holding
Funds holding: 50 → 49 (-1)
9.05% less ownership
Funds ownership: 25.32% → 16.27% (-9.1%)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
15% less call options, than puts
Call options by funds: $214K | Put options by funds: $252K
36% less capital invested
Capital invested by funds: $20.6M → $13.1M (-$7.51M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.09M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$650K |
| 3 |
CM
CastleKnight Management
New York
|
+$357K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$207K |
| 5 |
Renaissance Technologies
New York
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCG
Clearlake Capital Group
Santa Monica,
California
|
-$9.26M |
| 2 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$706K |
| 3 |
BlackRock
New York
|
-$256K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$169K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$148K |
SND Hedge Fund Activity: Q1 2023 in Review
49 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q1 2023, worth a combined $13.1M — down 36% from $20.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SND and 8 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 16 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $1.09M. The largest seller was Clearlake Capital Group, exiting entirely with an estimated $9.26M sold.
- 49 institutional investors held Smart Sand (SND) as of Q1 2023, down from 50 in Q4 2022.
- Funds reported $13.1M of Smart Sand stock for Q1 2023, down 36% quarter-over-quarter.
- 8 funds opened new Smart Sand positions in Q1 2023 and 9 closed out, a net change of -1 holder.
- The largest Smart Sand buyer in Q1 2023 was Wellington Management Group, an estimated $1.09M added.
- The largest Smart Sand seller in Q1 2023 was Clearlake Capital Group, an estimated $9.26M sold.
Based on aggregated 13F filings for Q1 2023.