SmartFinancial
SMBK
74 hedge funds and large institutions have $84.1M invested in SmartFinancial in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 14 closing their positions.
1.07% less ownership
Funds ownership: 41.74% → 40.67% (-1.1%)
10% less funds holding
Funds holding: 82 → 74 (-8)
15% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 27
18% less capital invested
Capital invested by funds: $103M → $84.1M (-$18.6M)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
99% less call options, than puts
Call options by funds: $8K | Put options by funds: $574K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Belvedere Trading
Chicago,
Illinois
|
+$575K |
| 2 |
BlackRock
New York
|
+$558K |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$275K |
| 4 |
Millennium Management
New York
|
+$269K |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
+$251K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$692K |
| 2 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
-$655K |
| 3 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
-$584K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$560K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$546K |
SMBK Hedge Fund Activity: Q3 2020 in Review
74 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q3 2020, worth a combined $84.1M — down 18% from $103M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SMBK and 6 opened new positions — a net loss of 8 holders — while 27 trimmed existing stakes and 23 added.
The largest buyer was Belvedere Trading, opening a new position worth an estimated $575K. The largest seller was Vanguard Group, cutting an estimated $692K.
- 74 institutional investors held SmartFinancial (SMBK) as of Q3 2020, down from 82 in Q2 2020.
- Funds reported $84.1M of SmartFinancial stock for Q3 2020, down 18% quarter-over-quarter.
- 6 funds opened new SmartFinancial positions in Q3 2020 and 14 closed out, a net change of -8 holders.
- The largest SmartFinancial buyer in Q3 2020 was Belvedere Trading, an estimated $575K added.
- The largest SmartFinancial seller in Q3 2020 was Vanguard Group, an estimated $692K sold.
Based on aggregated 13F filings for Q3 2020.