SmartFinancial
SMBK
95 hedge funds and large institutions have $218M invested in SmartFinancial in 2022 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 38 increasing their positions, 25 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
52% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 25
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
18% more capital invested
Capital invested by funds: $185M → $218M (+$32.6M)
2.54% more ownership
Funds ownership: 44.39% → 46.93% (+2.5%)
2% more funds holding
Funds holding: 93 → 95 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.7M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$1.28M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.18M |
| 5 |
PFPT
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.23M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.77M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.18M |
| 4 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
-$1.03M |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$831K |
SMBK Hedge Fund Activity: Q4 2022 in Review
95 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q4 2022, worth a combined $218M — up 18% from $185M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SMBK positions and 8 closed out — a net gain of 3 holders — while 38 added to existing stakes and 25 trimmed.
The largest buyer was BlackRock, adding an estimated $2.7M. The largest seller was Banc Funds Company, cutting an estimated $2.23M.
- 95 institutional investors held SmartFinancial (SMBK) as of Q4 2022, up from 93 in Q3 2022.
- Funds reported $218M of SmartFinancial stock for Q4 2022, up 18% quarter-over-quarter.
- 11 funds opened new SmartFinancial positions in Q4 2022 and 8 closed out, a net change of +3 holders.
- The largest SmartFinancial buyer in Q4 2022 was BlackRock, an estimated $2.7M added.
- The largest SmartFinancial seller in Q4 2022 was Banc Funds Company, an estimated $2.23M sold.
Based on aggregated 13F filings for Q4 2022.