SmartFinancial
SMBK
92 hedge funds and large institutions have $179M invested in SmartFinancial in 2021 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 32 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
12% more capital invested
Capital invested by funds: $160M → $179M (+$19M)
3% more funds holding
Funds holding: 89 → 92 (+3)
1.52% more ownership
Funds ownership: 44.23% → 45.75% (+1.5%)
9% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$3.14M |
| 2 |
CGA
Crescent Grove Advisors
Lake Forest,
Illinois
|
+$2.11M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.2M |
| 4 |
BlackRock
New York
|
+$1.12M |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$752K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.47M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$965K |
| 3 |
LIA
LBMC Investment Advisors
Brentwood,
Tennessee
|
-$701K |
| 4 |
JP Morgan Chase
New York
|
-$665K |
| 5 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$470K |
SMBK Hedge Fund Activity: Q3 2021 in Review
92 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q3 2021, worth a combined $179M — up 12% from $160M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SMBK positions and 6 closed out — a net gain of 3 holders — while 29 added to existing stakes and 32 trimmed.
The largest buyer was Elizabeth Park Capital Advisors, opening a new position worth an estimated $3.14M. The largest seller was Banc Funds Company, cutting an estimated $1.47M.
- 92 institutional investors held SmartFinancial (SMBK) as of Q3 2021, up from 89 in Q2 2021.
- Funds reported $179M of SmartFinancial stock for Q3 2021, up 12% quarter-over-quarter.
- 9 funds opened new SmartFinancial positions in Q3 2021 and 6 closed out, a net change of +3 holders.
- The largest SmartFinancial buyer in Q3 2021 was Elizabeth Park Capital Advisors, an estimated $3.14M added.
- The largest SmartFinancial seller in Q3 2021 was Banc Funds Company, an estimated $1.47M sold.
Based on aggregated 13F filings for Q3 2021.