SmartFinancial
SMBK
16 hedge funds and large institutions have $13.3M invested in SmartFinancial in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
60% more funds holding
Funds holding: 10 → 16 (+6)
43% more capital invested
Capital invested by funds: $9.26M → $13.3M (+$4.02M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.23M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$211K |
| 3 |
PG
Patten Group
Chattanooga,
Tennessee
|
+$106K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$89.5K |
| 5 |
GJL
Gendell Jeffrey L
|
+$43.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$256K |
| 2 |
JC
JCSD Capital
Walnut Creek,
California
|
-$233K |
SMBK Hedge Fund Activity: Q1 2016 in Review
16 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q1 2016, worth a combined $13.3M — up 43% from $9.26M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SMBK positions and 0 closed out — a net gain of 6 holders — while 5 added to existing stakes and 2 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $2.23M. The largest seller was Morgan Stanley, cutting an estimated $256K.
- 16 institutional investors held SmartFinancial (SMBK) as of Q1 2016, up from 10 in Q4 2015.
- Funds reported $13.3M of SmartFinancial stock for Q1 2016, up 43% quarter-over-quarter.
- 6 funds opened new SmartFinancial positions in Q1 2016 and 0 closed out, a net change of +6 holders.
- The largest SmartFinancial buyer in Q1 2016 was Vanguard Group, an estimated $2.23M added.
- The largest SmartFinancial seller in Q1 2016 was Morgan Stanley, an estimated $256K sold.
Based on aggregated 13F filings for Q1 2016.