SmartFinancial
SMBK
103 hedge funds and large institutions have $215M invested in SmartFinancial in 2024 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 28 reducing their positions, and 12 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 28
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
15% more capital invested
Capital invested by funds: $187M → $215M (+$27.7M)
1.5% more ownership
Funds ownership: 51.73% → 53.23% (+1.5%)
1% more funds holding
Funds holding: 102 → 103 (+1)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$5.29M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.33M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$1.42M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$900K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$806K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.28M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.03M |
| 3 |
AWP
Ascent Wealth Partners
New Hartford,
New York
|
-$743K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$704K |
| 5 |
JP Morgan Chase
New York
|
-$662K |
SMBK Hedge Fund Activity: Q2 2024 in Review
103 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q2 2024, worth a combined $215M — up 15% from $187M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SMBK positions and 12 closed out — a net gain of 2 holders — while 39 added to existing stakes and 28 trimmed.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $5.29M. The largest seller was Bridgeway Capital Management, cutting an estimated $1.28M.
- 103 institutional investors held SmartFinancial (SMBK) as of Q2 2024, up from 102 in Q1 2024.
- Funds reported $215M of SmartFinancial stock for Q2 2024, up 15% quarter-over-quarter.
- 14 funds opened new SmartFinancial positions in Q2 2024 and 12 closed out, a net change of +2 holders.
- The largest SmartFinancial buyer in Q2 2024 was Kennedy Capital Management, an estimated $5.29M added.
- The largest SmartFinancial seller in Q2 2024 was Bridgeway Capital Management, an estimated $1.28M sold.
Based on aggregated 13F filings for Q2 2024.