SmartFinancial
SMBK
96 hedge funds and large institutions have $218M invested in SmartFinancial in 2022 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 39 increasing their positions, 25 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
56% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 25
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
18% more capital invested
Capital invested by funds: $185M → $218M (+$32.6M)
5.6% more ownership
Funds ownership: 44.39% → 49.99% (+5.6%)
3% more funds holding
Funds holding: 93 → 96 (+3)
Top Buyers
| 1 |
BlackRock
New York
|
+$2.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.7M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$1.28M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.18M |
| 5 |
PFPT
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
|
+$1.03M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
101
IFP Advisors
Tampa,
Florida
| – | -$12K | -500 | Closed |
|
|
ACM
102
Aquatic Capital Management
Chicago,
Illinois
| – | -$2K | -100 | Closed |
|
103
Wells Fargo
San Francisco,
California
| – | -$1K | -40 | Closed |
|
|
C
104
Covestor
London,
United Kingdom
| – | +$28 | +1 | +100% |
|
SMBK Hedge Fund Activity: Q4 2022 in Review
96 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q4 2022, worth a combined $218M — up 18% from $185M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SMBK positions and 8 closed out — a net gain of 3 holders — while 39 added to existing stakes and 25 trimmed.
The largest buyer was BlackRock, adding an estimated $2.7M. The largest seller was Banc Funds Company, cutting an estimated $2.23M.
- 96 institutional investors held SmartFinancial (SMBK) as of Q4 2022, up from 93 in Q3 2022.
- Funds reported $218M of SmartFinancial stock for Q4 2022, up 18% quarter-over-quarter.
- 11 funds opened new SmartFinancial positions in Q4 2022 and 8 closed out, a net change of +3 holders.
- The largest SmartFinancial buyer in Q4 2022 was BlackRock, an estimated $2.7M added.
- The largest SmartFinancial seller in Q4 2022 was Banc Funds Company, an estimated $2.23M sold.
Based on aggregated 13F filings for Q4 2022.