SMHI ranks #4676 out of 37503 tracked stocks by institutional interest, inside the more closely watched half of our coverage.
SMHI is a top-conviction position for Oppenheimer & Close, LLC — at 6.7% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in SMHI belongs to BlackRock, Inc., but the position matters far more to Oppenheimer & Close, LLC, who has 6.7% 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.
Oppenheimer & Close, LLC has added to its SMHI position for two straight quarters, increasing it by $7.3M to reach $10.6M today.
Goldman Sachs Group Inc has trimmed its SMHI position for two straight quarters, cutting it by $436.0K while still holding $229.1K.
SMHI is down 3.1% today, but institutions show net buying of $4.5M this quarter — a divergence between today's price move and the underlying institutional flow.