SmartFinancial
SMBK
70 hedge funds and large institutions have $103M invested in SmartFinancial in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 14 reducing their positions, and 7 closing their positions.
93% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 14
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
13% more capital invested
Capital invested by funds: $90.8M → $103M (+$11.9M)
4% more funds holding
Funds holding: 67 → 70 (+3)
3.16% more ownership
Funds ownership: 35.74% → 38.91% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$2.78M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.88M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.59M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.22M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$3.65M |
| 2 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$1.69M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$639K |
| 4 |
Morgan Stanley
New York
|
-$364K |
| 5 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
-$274K |
SMBK Hedge Fund Activity: Q1 2019 in Review
70 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q1 2019, worth a combined $103M — up 13% from $90.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SMBK positions and 7 closed out — a net gain of 3 holders — while 27 added to existing stakes and 14 trimmed.
The largest buyer was Private Capital Management (Florida), adding an estimated $2.78M. The largest seller was Emerald Mutual Fund Advisers Trust, exiting entirely with an estimated $3.65M sold.
- 70 institutional investors held SmartFinancial (SMBK) as of Q1 2019, up from 67 in Q4 2018.
- Funds reported $103M of SmartFinancial stock for Q1 2019, up 13% quarter-over-quarter.
- 10 funds opened new SmartFinancial positions in Q1 2019 and 7 closed out, a net change of +3 holders.
- The largest SmartFinancial buyer in Q1 2019 was Private Capital Management (Florida), an estimated $2.78M added.
- The largest SmartFinancial seller in Q1 2019 was Emerald Mutual Fund Advisers Trust, an estimated $3.65M sold.
Based on aggregated 13F filings for Q1 2019.