SmartFinancial
SMBK
48 hedge funds and large institutions have $78.3M invested in SmartFinancial in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 5 closing their positions.
260% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 5
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
41% more capital invested
Capital invested by funds: $55.5M → $78.3M (+$22.8M)
37% more funds holding
Funds holding: 35 → 48 (+13)
5.98% more ownership
Funds ownership: 33.89% → 39.87% (+6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$7.37M |
| 2 |
State Street
Boston,
Massachusetts
|
+$1.62M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.62M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.52M |
| 5 |
EM
Endicott Management
New York
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.81M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.25M |
| 3 |
Millennium Management
New York
|
-$819K |
| 4 |
SCM
Segantii Capital Management
Hong Kong
|
-$196K |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$167K |
SMBK Hedge Fund Activity: Q2 2017 in Review
48 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q2 2017, worth a combined $78.3M — up 41% from $55.5M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SMBK positions and 5 closed out — a net gain of 13 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was BlackRock, adding an estimated $7.37M. The largest seller was Wellington Management Group, cutting an estimated $2.81M.
- 48 institutional investors held SmartFinancial (SMBK) as of Q2 2017, up from 35 in Q1 2017.
- Funds reported $78.3M of SmartFinancial stock for Q2 2017, up 41% quarter-over-quarter.
- 18 funds opened new SmartFinancial positions in Q2 2017 and 5 closed out, a net change of +13 holders.
- The largest SmartFinancial buyer in Q2 2017 was BlackRock, an estimated $7.37M added.
- The largest SmartFinancial seller in Q2 2017 was Wellington Management Group, an estimated $2.81M sold.
Based on aggregated 13F filings for Q2 2017.