SmartFinancial
SMBK
69 hedge funds and large institutions have $121M invested in SmartFinancial in 2018 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 8 reducing their positions, and 3 closing their positions.
325% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 8
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
27% more capital invested
Capital invested by funds: $95.4M → $121M (+$25.3M)
13% more funds holding
Funds holding: 61 → 69 (+8)
0.8% more ownership
Funds ownership: 36.07% → 36.87% (+0.8%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.68M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.52M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.28M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.23M |
| 5 |
BCM
BHZ Capital Management
San Jose,
California
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.15M |
| 2 |
EM
Endicott Management
New York
|
-$1.18M |
| 3 |
GJL
Gendell Jeffrey L
|
-$1.04M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$808K |
| 5 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$367K |
SMBK Hedge Fund Activity: Q2 2018 in Review
69 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q2 2018, worth a combined $121M — up 27% from $95.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SMBK positions and 3 closed out — a net gain of 8 holders — while 34 added to existing stakes and 8 trimmed.
The largest buyer was BlackRock, adding an estimated $6.68M. The largest seller was Wellington Management Group, exiting entirely with an estimated $3.15M sold.
- 69 institutional investors held SmartFinancial (SMBK) as of Q2 2018, up from 61 in Q1 2018.
- Funds reported $121M of SmartFinancial stock for Q2 2018, up 27% quarter-over-quarter.
- 11 funds opened new SmartFinancial positions in Q2 2018 and 3 closed out, a net change of +8 holders.
- The largest SmartFinancial buyer in Q2 2018 was BlackRock, an estimated $6.68M added.
- The largest SmartFinancial seller in Q2 2018 was Wellington Management Group, an estimated $3.15M sold.
Based on aggregated 13F filings for Q2 2018.