SmartFinancial
SMBK
35 hedge funds and large institutions have $55.5M invested in SmartFinancial in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 9 increasing their positions, 0 reducing their positions, and 1 closing their positions.
1,600% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 1
218% more capital invested
Capital invested by funds: $17.4M → $55.5M (+$38M)
67% more funds holding
Funds holding: 21 → 35 (+14)
18.34% more ownership
Funds ownership: 15.55% → 33.89% (+18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$6.65M |
| 2 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$5.09M |
| 3 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$5.01M |
| 4 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$4.15M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Salzhauer Michael
|
-$278K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PG
26
Patten Group
Chattanooga,
Tennessee
| $195K | – | – | – |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $155K | +$149K | +7,131 | +2,603% |
|
28
BlackRock
New York
| $75K | +$74.5K | +3,558 | New |
|
29
Morgan Stanley
New York
| $65K | +$64.5K | +3,082 | New |
|
30
Barclays
London,
United Kingdom
| $40K | +$39.8K | +1,900 | New |
|
|
KF
31
Krilogy Financial
St. Louis,
Missouri
| $38K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $16K | +$9.42K | +450 | +150% |
|
|
BIG
33
Bellwether Investment Group
Chattanooga,
Tennessee
| $11K | – | – | – |
|
34
UBS Group
Zurich,
Switzerland
| $2K | +$1.8K | +86 | New |
|
|
SM
35
Salzhauer Michael
| – | -$278K | -15,000 | Closed |
|
SMBK Hedge Fund Activity: Q1 2017 in Review
35 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q1 2017, worth a combined $55.5M — up 218% from $17.4M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SMBK positions and 1 closed out — a net gain of 16 holders — while 9 added to existing stakes and 0 trimmed.
The largest buyer was EJF Capital, adding an estimated $6.65M. The largest seller was Salzhauer Michael, exiting entirely with an estimated $278K sold.
- 35 institutional investors held SmartFinancial (SMBK) as of Q1 2017, up from 21 in Q4 2016.
- Funds reported $55.5M of SmartFinancial stock for Q1 2017, up 218% quarter-over-quarter.
- 17 funds opened new SmartFinancial positions in Q1 2017 and 1 closed out, a net change of +16 holders.
- The largest SmartFinancial buyer in Q1 2017 was EJF Capital, an estimated $6.65M added.
- The largest SmartFinancial seller in Q1 2017 was Salzhauer Michael, an estimated $278K sold.
Based on aggregated 13F filings for Q1 2017.