SmartFinancial
SMBK
55 hedge funds and large institutions have $76.5M invested in SmartFinancial in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
10% more funds holding
Funds holding: 50 → 55 (+5)
4% less capital invested
Capital invested by funds: $79.7M → $76.5M (-$3.23M)
8.7% less ownership
Funds ownership: 40.32% → 31.62% (-8.7%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $23K | +$24.1K | +1,045 | +6,967% |
|
|
SPIA
52
Steward Partners Investment Advisory
New York
| $15K | +$16.1K | +700 | New |
|
|
AIP
53
Ameritas Investment Partners
Lincoln,
Nebraska
| $14K | – | – | – |
|
|
CCMH
54
Cornerstone Capital Management Holdings
New York
| $4K | +$4.6K | +200 | New |
|
|
SM
55
Salzhauer Michael
| – | -$401K | -16,655 | Closed |
|
|
NFA
56
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$94K | -3,907 | Closed |
|
57
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$12.7K | -551 | -96% |
|
58
Acadian Asset Management
Boston,
Massachusetts
| – | -$11K | -447 | Closed |
|
SMBK Hedge Fund Activity: Q4 2017 in Review
55 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q4 2017, worth a combined $76.5M — down 4.1% from $79.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SMBK positions and 3 closed out — a net gain of 5 holders — while 21 added to existing stakes and 11 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $1.11M. The largest seller was Wellington Management Group, cutting an estimated $1.01M.
- 55 institutional investors held SmartFinancial (SMBK) as of Q4 2017, up from 50 in Q3 2017.
- Funds reported $76.5M of SmartFinancial stock for Q4 2017, down 4.1% quarter-over-quarter.
- 8 funds opened new SmartFinancial positions in Q4 2017 and 3 closed out, a net change of +5 holders.
- The largest SmartFinancial buyer in Q4 2017 was Victory Capital Management, an estimated $1.11M added.
- The largest SmartFinancial seller in Q4 2017 was Wellington Management Group, an estimated $1.01M sold.
Based on aggregated 13F filings for Q4 2017.