Smart Sand, Inc.: which funds bought and sold
Institutions that bought and sold Smart Sand shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.
Between March 31, 2026 and June 30, 2026, 69 institutions that filed 13F reports for both quarters added to or opened positions in Smart Sand, and 39 cut or closed them. Together they added a net 2.2M shares, +12.8% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 204K shares (−3.8%); index fund managers were net buyers of 2.5M shares (+100.6%). 30 opened a new position and 22 sold out entirely.
Bought, Q2 2026 69 institutions, 30 of them new holders Sold, Q2 2026 39 institutions, 22 of them sold out
Net change, all compared +2.2M shares (+12.8%)
Net change, active managers −204K shares (−3.8%), 18 bought, 12 sold
Buyers versus sellers
69 bought 5 39 sold
Active managers and hedge funds 18 bought · 12 sold · −204K
Index fund managers 8 bought · 1 sold · +2.5M
Other institutions 43 bought · 26 sold · −112K
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Blackrock, Inc. Index funds | +1.5M +316.0% | 2.0M | $10.1M |
| Geode Capital Management, LLC Index funds | +410K +94.8% | 843K | $4.2M |
| Acadian Asset Management LLC Active manager | +385K +40.2% | 1.3M | $6.7M |
| Invesco Ltd. | +339K New position | 339K | $1.7M |
| Gendell Jeffrey L | +311K +9.9% | 3.4M | $17.2M |
| American Century Companies Inc Active manager | +258K +117.5% | 477K | $2.4M |
| State Street Corp Index funds | +211K +131.8% | 370K | $1.9M |
| Two Sigma Investments, LP Hedge fund | +207K +109.9% | 395K | $2M |
| Vanguard Portfolio Management LLC Index funds | +205K New position | 205K | $1M |
| Northern Trust Corp Index funds | +165K +243.3% | 233K | $1.2M |
| Round Rock Advisors LLC | +162K New position | 162K | $813,293 |
| Adage Capital Partners Gp, L.L.C. Hedge fund | +150K New position | 150K | $751,500 |
| Strs Ohio | +135K New position | 135K | $675,348 |
| O'Shaughnessy Asset Management, LLC Active manager | +130K +37.1% | 480K | $2.4M |
| Citadel Advisors LLC Hedge fund | +113K +547.0% | 133K | $667,893 |
| Dimensional Fund Advisors LP | +85K +10.6% | 884K | $4.4M |
| Charles Schwab Investment Management Inc Index funds | +73K +420.4% | 91K | $454,688 |
| Nuveen, LLC | +73K New position | 73K | $366,492 |
| Bank Of New York Mellon Corp | +72K New position | 72K | $359,323 |
| Ritholtz Wealth Management | +64K +23.0% | 341K | $1.7M |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Acadian Asset Management LLC Active manager | +385K +40.2% | 1.3M | $6.7M |
| American Century Companies Inc Active manager | +258K +117.5% | 477K | $2.4M |
| Two Sigma Investments, LP Hedge fund | +207K +109.9% | 395K | $2M |
| Adage Capital Partners Gp, L.L.C. Hedge fund | +150K New position | 150K | $751,500 |
| O'Shaughnessy Asset Management, LLC Active manager | +130K +37.1% | 480K | $2.4M |
| Citadel Advisors LLC Hedge fund | +113K +547.0% | 133K | $667,893 |
| Segall Bryant & Hamill, LLC Active manager | +60K New position | 60K | $303,060 |
| Winton Group Ltd Hedge fund | +59K +36.4% | 221K | $1.1M |
| Mangrove Partners Im, LLC Hedge fund | +56K New position | 56K | $280,119 |
| Price T Rowe Associates Inc Active manager | +25K New position | 25K | $125,000 |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Marshall Wace, LLP Hedge fund | −476K Sold out | 0 | — |
| Truffle Hound Capital, LLC | −440K Sold out | 0 | — |
| Millennium Management LLC Hedge fund | −370K −76.2% | 115K | $578,505 |
| Susquehanna International Group, LLP | −215K −81.0% | 50K | $252,709 |
| Cwa Asset Management Group, LLC | −193K Sold out | 0 | — |
| Jane Street Group, LLC | −176K −84.0% | 34K | $167,900 |
| Sei Investments Co | −152K −45.7% | 181K | $904,617 |
| Castleknight Management LP Hedge fund | −147K Sold out | 0 | — |
| Point72 Asset Management, L.P. Hedge fund | −144K Sold out | 0 | — |
| Arrowstreet Capital, Limited Partnership Hedge fund | −142K −17.8% | 657K | $3.3M |
| Qube Research & Technologies Ltd Hedge fund | −139K Sold out | 0 | — |
| Victory Capital Management Inc Active manager | −134K Sold out | 0 | — |
| Vanguard Capital Management LLC Index funds | −114K −9.6% | 1.1M | $5.4M |
| Manatuck Hill Partners, LLC | −100K Sold out | 0 | — |
| Informed Momentum Co LLC | −68K −28.4% | 172K | $861,409 |
| Schonfeld Strategic Advisors LLC Hedge fund | −63K Sold out | 0 | — |
| Bank Of America Corp | −56K −27.8% | 147K | $734,105 |
| Hudson Bay Capital Management LP Hedge fund | −51K Sold out | 0 | — |
| Goldman Sachs Group Inc | −51K −37.1% | 86K | $430,449 |
| Walleye Capital LLC Hedge fund | −47K −40.9% | 68K | $339,728 |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Marshall Wace, LLP Hedge fund | −476K Sold out | 0 | — |
| Millennium Management LLC Hedge fund | −370K −76.2% | 115K | $578,505 |
| Castleknight Management LP Hedge fund | −147K Sold out | 0 | — |
| Point72 Asset Management, L.P. Hedge fund | −144K Sold out | 0 | — |
| Arrowstreet Capital, Limited Partnership Hedge fund | −142K −17.8% | 657K | $3.3M |
| Qube Research & Technologies Ltd Hedge fund | −139K Sold out | 0 | — |
| Victory Capital Management Inc Active manager | −134K Sold out | 0 | — |
| Schonfeld Strategic Advisors LLC Hedge fund | −63K Sold out | 0 | — |
| Hudson Bay Capital Management LP Hedge fund | −51K Sold out | 0 | — |
| Walleye Capital LLC Hedge fund | −47K −40.9% | 68K | $339,728 |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Invesco Ltd. | 339K | $1.7M |
| Vanguard Portfolio Management LLCIndex funds | 205K | $1M |
| Round Rock Advisors LLC | 162K | $813,293 |
| Adage Capital Partners Gp, L.L.C.Hedge fund | 150K | $751,500 |
| Strs Ohio | 135K | $675,348 |
| Nuveen, LLC | 73K | $366,492 |
| Bank Of New York Mellon Corp | 72K | $359,323 |
| Segall Bryant & Hamill, LLCActive manager | 60K | $303,060 |
| Mangrove Partners Im, LLCHedge fund | 56K | $280,119 |
| Integrated Quantitative Investments LLC | 49K | $246,036 |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| Marshall Wace, LLPHedge fund | 476K | $2.4M |
| Truffle Hound Capital, LLC | 440K | $2.3M |
| Cwa Asset Management Group, LLC | 193K | $988,211 |
| Castleknight Management LPHedge fund | 147K | $753,126 |
| Point72 Asset Management, L.P.Hedge fund | 144K | $739,389 |
| Qube Research & Technologies LtdHedge fund | 139K | $710,149 |
| Victory Capital Management IncActive manager | 134K | $686,228 |
| Manatuck Hill Partners, LLC | 100K | $512,000 |
| Schonfeld Strategic Advisors LLCHedge fund | 63K | $323,486 |
| Hudson Bay Capital Management LPHedge fund | 51K | $262,395 |
Who holds the shares
- Institutions reporting
- 91
- Ten largest holders
- 63.7% of 13F-reported shares
- Index fund managers
- 25.9% of 13F-reported shares
- Active managers and hedge funds
- 26.6% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 18 | 12 | 6 | 9 | −204K | −3.8% |
| Index fund managers | 8 | 1 | 2 | 0 | +2.5M | +100.6% |
| Other institutions | 43 | 26 | 22 | 13 | −112K | −1.2% |