SmartFinancial
SMBK
84 hedge funds and large institutions have $147M invested in SmartFinancial in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 11 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
200% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 11
24% more capital invested
Capital invested by funds: $118M → $147M (+$28.5M)
14% more funds holding
Funds holding: 74 → 84 (+10)
3.63% more ownership
Funds ownership: 40.66% → 44.3% (+3.6%)
Top Buyers
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$4.47M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.79M |
| 3 |
Renaissance Technologies
New York
|
+$1.6M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.59M |
| 5 |
Millennium Management
New York
|
+$1.01M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
76
Steward Partners Investment Advisory
New York
| $28K | – | – | – |
|
|
AIP
77
Ameritas Investment Partners
Lincoln,
Nebraska
| $26K | – | – | – |
|
78
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| $26K | +$24.2K | +1,100 | New |
|
|
BGIM
79
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| $17K | +$15.8K | +717 | New |
|
|
FCA
80
FinTrust Capital Advisors
Greenville,
South Carolina
| $16K | – | – | – |
|
|
CAM
81
ClariVest Asset Management
San Diego,
California
| $12K | +$11.4K | +518 | New |
|
|
BFEC
82
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $6K | – | – | – |
|
83
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | +$1.21K | +55 | New |
|
84
Wellington Management Group
Boston,
Massachusetts
| – | -$1.84M | -88,516 | Closed |
|
|
SCA
85
Stieven Capital Advisors
St. Louis,
Missouri
| – | -$1.61M | -77,247 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | -$10K | -470 | Closed |
|
SMBK Hedge Fund Activity: Q4 2019 in Review
84 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q4 2019, worth a combined $147M — up 24% from $118M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SMBK positions and 3 closed out — a net gain of 11 holders — while 33 added to existing stakes and 11 trimmed.
The largest buyer was Foundry Partners, opening a new position worth an estimated $4.47M. The largest seller was EJF Capital, cutting an estimated $2.92M.
- 84 institutional investors held SmartFinancial (SMBK) as of Q4 2019, up from 74 in Q3 2019.
- Funds reported $147M of SmartFinancial stock for Q4 2019, up 24% quarter-over-quarter.
- 14 funds opened new SmartFinancial positions in Q4 2019 and 3 closed out, a net change of +11 holders.
- The largest SmartFinancial buyer in Q4 2019 was Foundry Partners, an estimated $4.47M added.
- The largest SmartFinancial seller in Q4 2019 was EJF Capital, an estimated $2.92M sold.
Based on aggregated 13F filings for Q4 2019.