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Smart Sand

44 hedge funds and large institutions have $19.9M invested in Smart Sand in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more capital invested

Capital invested by funds: $16.6M → $19.9M (+$3.34M)

2.01% more ownership

Funds ownership: 20.13%22.14% (+2%)

9% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 11

4% less funds holding

Funds holding: 4644 (-2)

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
44
Holders Change
-2
Holders Change %
-4.35%
% of All Funds
0.64%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
8
Increased
10
Reduced
11
Closed
10
Calls
$471K
Puts
Net Calls
+$471K
Net Calls Change
+$170K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.1M
GJL
2
Gendell Jeffrey L
$2.2M +$2.21M +1,040,389 New
CM
3
CastleKnight Management
New York
$2.13M
Acadian Asset Management
4
Acadian Asset Management
Massachusetts
$1.7M +$241K +113,440 +16%
SI
5
Sprott Inc
Ontario, Canada
$1.58M
BCM
6
Bridgeway Capital Management
Texas
$1.11M +$20.6K +9,720 +2%
BlackRock
7
BlackRock
New York
$1M -$799 -376 -0.1%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$887K +$51.5K +24,265 +6%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$634K +$172K +80,787 +37%
OSAM
10
O'Shaughnessy Asset Management
Connecticut
$630K +$182K +85,617 +40%
Renaissance Technologies
11
Renaissance Technologies
New York
$571K -$21.4K -10,100 -4%
VA
12
Verdad Advisers
Massachusetts
$528K
Man Group
13
Man Group
United Kingdom
$507K -$199K -93,834 -28%
NIMC
14
Nierenberg Investment Management Company
Washington
$470K
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$399K -$126K -59,525 -24%
MSFS
16
Main Street Financial Solutions
Pennsylvania
$343K
First Eagle Investment Management
17
First Eagle Investment Management
New York
$294K +$296K +139,477 New
EF
18
Empowered Funds
Pennsylvania
$289K +$20.6K +9,720 +8%
RWM
19
Ritholtz Wealth Management
New York
$287K +$114K +53,716 +65%
Connor, Clark & Lunn Investment Management (CC&L)
20
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$253K -$64.3K -30,264 -20%
State Street
21
State Street
Massachusetts
$171K
Northern Trust
22
Northern Trust
Illinois
$156K +$18.3K +8,613 +13%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$136K
Citadel Advisors
24
Citadel Advisors
Florida
$87.1K -$61.3K -28,853 -41%
Two Sigma Investments
25
Two Sigma Investments
New York
$84.8K -$114K -53,844 -57%

SND Hedge Fund Activity: Q2 2024 in Review

44 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Smart Sand (SND) for Q2 2024, worth a combined $19.9M — up 20% from $16.6M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of SND and 8 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 10 added.

The largest buyer was Gendell Jeffrey L, opening a new position worth an estimated $2.21M. The largest seller was Two Sigma Advisers, exiting entirely with an estimated $374K sold.

  • 44 institutional investors held Smart Sand (SND) as of Q2 2024, down from 46 in Q1 2024.
  • Funds reported $19.9M of Smart Sand stock for Q2 2024, up 20% quarter-over-quarter.
  • 8 funds opened new Smart Sand positions in Q2 2024 and 10 closed out, a net change of -2 holders.
  • The largest Smart Sand buyer in Q2 2024 was Gendell Jeffrey L, an estimated $2.21M added.
  • The largest Smart Sand seller in Q2 2024 was Two Sigma Advisers, an estimated $374K sold.

Based on aggregated 13F filings for Q2 2024.