SmartFinancial
SMBK
67 hedge funds and large institutions have $90.8M invested in SmartFinancial in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 9 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
0% more funds holding
Funds holding: 67 → 67 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
1.82% less ownership
Funds ownership: 37.56% → 35.74% (-1.8%)
20% less capital invested
Capital invested by funds: $113M → $90.8M (-$22M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$2.96M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$724K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$713K |
| 4 |
MCM
Maltese Capital Management
New York
|
+$689K |
| 5 |
BCM
BHZ Capital Management
San Jose,
California
|
+$662K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$1.16M |
| 2 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$779K |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$692K |
| 4 |
Renaissance Technologies
New York
|
-$577K |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$514K |
SMBK Hedge Fund Activity: Q4 2018 in Review
67 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q4 2018, worth a combined $90.8M — down 20% from $113M a quarter earlier.
Fund positioning in SMBK was balanced in Q4 2018: 9 funds opened new positions, 9 closed out, 22 added to existing stakes and 16 trimmed.
The largest buyer was Private Capital Management (Florida), adding an estimated $2.96M. The largest seller was Forest Hill Capital, cutting an estimated $1.16M.
- 67 institutional investors held SmartFinancial (SMBK) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $90.8M of SmartFinancial stock for Q4 2018, down 20% quarter-over-quarter.
- 9 funds opened new SmartFinancial positions in Q4 2018 and 9 closed out, a net change of 0 holders.
- The largest SmartFinancial buyer in Q4 2018 was Private Capital Management (Florida), an estimated $2.96M added.
- The largest SmartFinancial seller in Q4 2018 was Forest Hill Capital, an estimated $1.16M sold.
Based on aggregated 13F filings for Q4 2018.