SMPL ranks #2120 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
299 institutions disclose a position in SMPL, but none treat it as a major bet — even River Road Asset Management, LLC, its most concentrated holder, allocates just 0.4% of its own portfolio to it.
Cliff Asness has added to its SMPL position for two straight quarters, increasing it by $22.8M to reach $25.2M today.
Fidelity has trimmed its SMPL position for two straight quarters, cutting it by $102.4M while still holding $8.0M.
SMPL is down 3.7% today, but institutions show net buying of $143.1M this quarter — a divergence between today's price move and the underlying institutional flow.