SmartFinancial
SMBK
82 hedge funds and large institutions have $103M invested in SmartFinancial in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 33 increasing their positions, 18 reducing their positions, and 5 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 18
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
9% more capital invested
Capital invested by funds: $94.2M → $103M (+$8.6M)
4% more funds holding
Funds holding: 79 → 82 (+3)
1.39% more ownership
Funds ownership: 40.35% → 41.74% (+1.4%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$967K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$424K |
| 3 |
State Street
Boston,
Massachusetts
|
+$307K |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$275K |
| 5 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$461K |
| 2 |
Renaissance Technologies
New York
|
-$441K |
| 3 |
MCM
Maltese Capital Management
New York
|
-$380K |
| 4 |
MSL
Mackay Shields LLC
New York
|
-$349K |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$310K |
SMBK Hedge Fund Activity: Q2 2020 in Review
82 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q2 2020, worth a combined $103M — up 9.1% from $94.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SMBK positions and 5 closed out — a net gain of 3 holders — while 33 added to existing stakes and 18 trimmed.
The largest buyer was Northern Trust, adding an estimated $967K. The largest seller was Municipal Employees' Retirement System of Michigan, exiting entirely with an estimated $461K sold.
- 82 institutional investors held SmartFinancial (SMBK) as of Q2 2020, up from 79 in Q1 2020.
- Funds reported $103M of SmartFinancial stock for Q2 2020, up 9.1% quarter-over-quarter.
- 8 funds opened new SmartFinancial positions in Q2 2020 and 5 closed out, a net change of +3 holders.
- The largest SmartFinancial buyer in Q2 2020 was Northern Trust, an estimated $967K added.
- The largest SmartFinancial seller in Q2 2020 was Municipal Employees' Retirement System of Michigan, an estimated $461K sold.
Based on aggregated 13F filings for Q2 2020.