SmartFinancial
SMBK
70 hedge funds and large institutions have $122M invested in SmartFinancial in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 5 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
19% more capital invested
Capital invested by funds: $103M → $122M (+$19.8M)
1.55% more ownership
Funds ownership: 38.91% → 40.46% (+1.5%)
0% more funds holding
Funds holding: 70 → 70 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$2.93M |
| 2 |
BlackRock
New York
|
+$1.41M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$928K |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$725K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$678K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.72M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$1.21M |
| 3 |
SCP
Siena Capital Partners
Chicago,
Illinois
|
-$524K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$254K |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$246K |
SMBK Hedge Fund Activity: Q2 2019 in Review
70 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q2 2019, worth a combined $122M — up 19% from $103M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SMBK positions and 5 closed out — a net gain of 2 holders — while 28 added to existing stakes and 18 trimmed.
The largest buyer was Private Capital Management (Florida), adding an estimated $2.93M. The largest seller was EJF Capital, cutting an estimated $1.72M.
- 70 institutional investors held SmartFinancial (SMBK) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $122M of SmartFinancial stock for Q2 2019, up 19% quarter-over-quarter.
- 7 funds opened new SmartFinancial positions in Q2 2019 and 5 closed out, a net change of +2 holders.
- The largest SmartFinancial buyer in Q2 2019 was Private Capital Management (Florida), an estimated $2.93M added.
- The largest SmartFinancial seller in Q2 2019 was EJF Capital, an estimated $1.72M sold.
Based on aggregated 13F filings for Q2 2019.