SmartFinancial
SMBK
81 hedge funds and large institutions have $116M invested in SmartFinancial in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 34 increasing their positions, 21 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
62% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 21
38% more capital invested
Capital invested by funds: $84.1M → $116M (+$31.9M)
9% more funds holding
Funds holding: 74 → 81 (+7)
1.25% more ownership
Funds ownership: 40.67% → 41.92% (+1.2%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $765K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.43M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.25M |
| 3 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$944K |
| 4 |
JP Morgan Chase
New York
|
+$474K |
| 5 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$280K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.67M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
-$402K |
| 3 |
Belvedere Trading
Chicago,
Illinois
|
-$357K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$301K |
| 5 |
Millennium Management
New York
|
-$258K |
SMBK Hedge Fund Activity: Q4 2020 in Review
81 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q4 2020, worth a combined $116M — up 38% from $84.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SMBK positions and 2 closed out — a net gain of 7 holders — while 34 added to existing stakes and 21 trimmed.
The largest buyer was BlackRock, adding an estimated $1.43M. The largest seller was Penn Capital Management, cutting an estimated $1.67M.
- 81 institutional investors held SmartFinancial (SMBK) as of Q4 2020, up from 74 in Q3 2020.
- Funds reported $116M of SmartFinancial stock for Q4 2020, up 38% quarter-over-quarter.
- 9 funds opened new SmartFinancial positions in Q4 2020 and 2 closed out, a net change of +7 holders.
- The largest SmartFinancial buyer in Q4 2020 was BlackRock, an estimated $1.43M added.
- The largest SmartFinancial seller in Q4 2020 was Penn Capital Management, an estimated $1.67M sold.
Based on aggregated 13F filings for Q4 2020.