SmartFinancial
SMBK
74 hedge funds and large institutions have $118M invested in SmartFinancial in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 16 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
56% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 16
6% more funds holding
Funds holding: 70 → 74 (+4)
0.21% more ownership
Funds ownership: 40.46% → 40.66% (+0.21%)
3% less capital invested
Capital invested by funds: $122M → $118M (-$4.24M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.48M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.45M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
+$1.15M |
| 4 |
Millennium Management
New York
|
+$1.03M |
| 5 |
Renaissance Technologies
New York
|
+$942K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$4.89M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$3M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$503K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$479K |
| 5 |
BlackRock
New York
|
-$478K |
SMBK Hedge Fund Activity: Q3 2019 in Review
74 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q3 2019, worth a combined $118M — down 3.5% from $122M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SMBK positions and 5 closed out — a net gain of 4 holders — while 25 added to existing stakes and 16 trimmed.
The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $1.48M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $4.89M sold.
- 74 institutional investors held SmartFinancial (SMBK) as of Q3 2019, up from 70 in Q2 2019.
- Funds reported $118M of SmartFinancial stock for Q3 2019, down 3.5% quarter-over-quarter.
- 9 funds opened new SmartFinancial positions in Q3 2019 and 5 closed out, a net change of +4 holders.
- The largest SmartFinancial buyer in Q3 2019 was Bridgeway Capital Management, an estimated $1.48M added.
- The largest SmartFinancial seller in Q3 2019 was Wasatch Advisors, an estimated $4.89M sold.
Based on aggregated 13F filings for Q3 2019.