Smart Sand (SND)

• Market cap: $91.4M
• 1 day: 1.43%
• 5 days: -7.39%
• 1 month: -6.99%
• 3 months: 3.90%
• 6 months: 5.97%
• Year to date: 2.90%
• 1 year: 13.30%
• 5 years: -11.25%
• 10 years: -80.62%
• Sector: Materials
• Industry: Mining & Quarrying of Nonmetallic Minerals, Except Fuels

About: Smart Sand Inc is a fully integrated frac sand supply and services company that offers complete mine-to-well site proppant supply and logistics solutions. It produces Northern White frac sand, which is a premium proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. Its product portfolio includes Smart System, which includes SmartBelt, SmartDepot Silo and SmartPath Loader. The company caters its products and services to oil and natural gas exploration and production companies and oilfield service companies. The majority of its revenue comes from Sand Sales, followed by logistics.

Employees: 378

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0.62% less ownership

Funds ownership: 22.16% [Q2] → 21.55% (-0.62%) [Q3]

5% less funds holding

Funds holding: 44 [Q2] → 42 (-2) [Q3]

8% less capital invested

Capital invested by funds: $19.9M [Q2] → $18.2M (-$1.66M) [Q3]

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

57% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 14