SmartFinancial
SMBK
50 hedge funds and large institutions have $79.7M invested in SmartFinancial in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
4% more funds holding
Funds holding: 48 → 50 (+2)
2% more capital invested
Capital invested by funds: $78.3M → $79.7M (+$1.46M)
0.45% more ownership
Funds ownership: 39.87% → 40.32% (+0.45%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$2.39M |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
+$982K |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$898K |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$795K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$472K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
-$5.81M |
| 2 |
BC
Barnett & Company
Chattanooga,
Tennessee
|
-$85.4K |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$72.3K |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$68.9K |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
-$50K |
SMBK Hedge Fund Activity: Q3 2017 in Review
50 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q3 2017, worth a combined $79.7M — up 1.9% from $78.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SMBK positions and 3 closed out — a net gain of 2 holders — while 16 added to existing stakes and 10 trimmed.
The largest buyer was Emerald Mutual Fund Advisers Trust, adding an estimated $2.39M. The largest seller was Patriot Financial Partners, exiting entirely with an estimated $5.81M sold.
- 50 institutional investors held SmartFinancial (SMBK) as of Q3 2017, up from 48 in Q2 2017.
- Funds reported $79.7M of SmartFinancial stock for Q3 2017, up 1.9% quarter-over-quarter.
- 5 funds opened new SmartFinancial positions in Q3 2017 and 3 closed out, a net change of +2 holders.
- The largest SmartFinancial buyer in Q3 2017 was Emerald Mutual Fund Advisers Trust, an estimated $2.39M added.
- The largest SmartFinancial seller in Q3 2017 was Patriot Financial Partners, an estimated $5.81M sold.
Based on aggregated 13F filings for Q3 2017.