SmartFinancial
SMBK
61 hedge funds and large institutions have $95.4M invested in SmartFinancial in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 10 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
140% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 10
25% more capital invested
Capital invested by funds: $76.5M → $95.4M (+$18.9M)
11% more funds holding
Funds holding: 55 → 61 (+6)
4.45% more ownership
Funds ownership: 31.62% → 36.07% (+4.4%)
Top Buyers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.49M |
| 2 |
Renaissance Technologies
New York
|
+$1.26M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.19M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.03M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$792K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
51
American International Group
New York
| $108K | -$5.5K | -246 | -5% |
|
|
PG
52
Patten Group
Chattanooga,
Tennessee
| $57K | -$51.2K | -2,289 | -49% |
|
53
Citigroup
New York
| $43K | +$17K | +761 | +72% |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| $40K | -$28.2K | -1,263 | -43% |
|
55
Barclays
London,
United Kingdom
| $38K | +$10K | +449 | +39% |
|
56
JP Morgan Chase
New York
| $36K | -$67 | -3 | -0.2% |
|
57
BNP Paribas Financial Markets
Paris,
France
| $35.9K | -$12.8K | -573 | -27% |
|
58
Legal & General Group
London,
United Kingdom
| $34K | – | – | – |
|
|
SPIA
59
Steward Partners Investment Advisory
New York
| $28K | +$11.2K | +500 | +71% |
|
|
AIP
60
Ameritas Investment Partners
Lincoln,
Nebraska
| $15K | – | – | – |
|
|
BFEC
61
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $6K | +$5.59K | +250 | New |
|
|
LTFS
62
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$184K | -8,500 | Closed |
|
63
Parallax Volatility Advisers
San Francisco,
California
| – | -$24K | -1,092 | Closed |
|
SMBK Hedge Fund Activity: Q1 2018 in Review
61 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q1 2018, worth a combined $95.4M — up 25% from $76.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SMBK positions and 3 closed out — a net gain of 7 holders — while 24 added to existing stakes and 10 trimmed.
The largest buyer was Vanguard Group, adding an estimated $1.49M. The largest seller was Gendell Jeffrey L, cutting an estimated $223K.
- 61 institutional investors held SmartFinancial (SMBK) as of Q1 2018, up from 55 in Q4 2017.
- Funds reported $95.4M of SmartFinancial stock for Q1 2018, up 25% quarter-over-quarter.
- 10 funds opened new SmartFinancial positions in Q1 2018 and 3 closed out, a net change of +7 holders.
- The largest SmartFinancial buyer in Q1 2018 was Vanguard Group, an estimated $1.49M added.
- The largest SmartFinancial seller in Q1 2018 was Gendell Jeffrey L, an estimated $223K sold.
Based on aggregated 13F filings for Q1 2018.