SmartFinancial
SMBK
89 hedge funds and large institutions have $160M invested in SmartFinancial in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 27 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
11% more capital invested
Capital invested by funds: $145M → $160M (+$15.5M)
5% more funds holding
Funds holding: 85 → 89 (+4)
0% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 27
0.04% less ownership
Funds ownership: 44.27% → 44.23% (-0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$1.93M |
| 2 |
JP Morgan Chase
New York
|
+$1.09M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$923K |
| 4 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$724K |
| 5 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$713K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.67M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.83M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$974K |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$766K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$628K |
SMBK Hedge Fund Activity: Q2 2021 in Review
89 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q2 2021, worth a combined $160M — up 11% from $145M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SMBK positions and 8 closed out — a net gain of 4 holders — while 27 added to existing stakes and 27 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $1.93M. The largest seller was Wellington Management Group, cutting an estimated $2.67M.
- 89 institutional investors held SmartFinancial (SMBK) as of Q2 2021, up from 85 in Q1 2021.
- Funds reported $160M of SmartFinancial stock for Q2 2021, up 11% quarter-over-quarter.
- 12 funds opened new SmartFinancial positions in Q2 2021 and 8 closed out, a net change of +4 holders.
- The largest SmartFinancial buyer in Q2 2021 was DePrince Race & Zollo Inc (DRZ), an estimated $1.93M added.
- The largest SmartFinancial seller in Q2 2021 was Wellington Management Group, an estimated $2.67M sold.
Based on aggregated 13F filings for Q2 2021.