SmartFinancial
SMBK
93 hedge funds and large institutions have $185M invested in SmartFinancial in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 5 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
3% more capital invested
Capital invested by funds: $180M → $185M (+$5.75M)
0.41% more ownership
Funds ownership: 43.98% → 44.39% (+0.41%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 97 → 93 (-4)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$2.06M |
| 2 |
JP Morgan Chase
New York
|
+$1.42M |
| 3 |
SM
Salzhauer Michael
|
+$1.27M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$972K |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$888K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$1.65M |
| 2 |
WC
Walthausen & Co
Malta,
New York
|
-$1.54M |
| 3 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
-$1.42M |
| 4 |
Renaissance Technologies
New York
|
-$873K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$370K |
SMBK Hedge Fund Activity: Q3 2022 in Review
93 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q3 2022, worth a combined $185M — up 3.2% from $180M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SMBK and 2 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 37 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $2.06M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $1.65M sold.
- 93 institutional investors held SmartFinancial (SMBK) as of Q3 2022, down from 97 in Q2 2022.
- Funds reported $185M of SmartFinancial stock for Q3 2022, up 3.2% quarter-over-quarter.
- 2 funds opened new SmartFinancial positions in Q3 2022 and 5 closed out, a net change of -3 holders.
- The largest SmartFinancial buyer in Q3 2022 was DePrince Race & Zollo Inc (DRZ), an estimated $2.06M added.
- The largest SmartFinancial seller in Q3 2022 was Basswood Capital Management, an estimated $1.65M sold.
Based on aggregated 13F filings for Q3 2022.