SMBC ranks #3642 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
SMBC is a top-conviction position for Raffles Associates LP — at 13.7% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in SMBC belongs to BlackRock, Inc., but the position matters far more to Raffles Associates LP, who has 13.7% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Farther Finance Advisors, LLC has added to its SMBC position for two straight quarters, increasing it by $3.9K to reach $6.9K today.
Y-Intercept has trimmed its SMBC position for two straight quarters, cutting it by $468.8K while still holding $575.9K.
SMBC is up 0.8% today, and institutions have been net buyers of $97.1M this quarter — today's price move and the underlying institutional flow are pointing the same direction.