SmartFinancial
SMBK
94 hedge funds and large institutions have $180M invested in SmartFinancial in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 30 reducing their positions, and 6 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0.32% more ownership
Funds ownership: 49.32% → 49.65% (+0.32%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0% less capital invested
Capital invested by funds: $180M → $180M (-$26.6K)
1% less funds holding
Funds holding: 95 → 94 (-1)
17% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$2.65M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$1.51M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$821K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$791K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$742K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
-$1.54M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$915K |
| 3 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$781K |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$659K |
| 5 |
BlackRock
New York
|
-$394K |
SMBK Hedge Fund Activity: Q3 2023 in Review
94 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q3 2023, worth a combined $180M — down 0.01% from $180M a quarter earlier.
Fund positioning in SMBK was balanced in Q3 2023: 6 funds opened new positions, 6 closed out, 25 added to existing stakes and 30 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $2.65M. The largest seller was BHZ Capital Management, cutting an estimated $1.54M.
- 94 institutional investors held SmartFinancial (SMBK) as of Q3 2023, down from 95 in Q2 2023.
- Funds reported $180M of SmartFinancial stock for Q3 2023, down 0.01% quarter-over-quarter.
- 6 funds opened new SmartFinancial positions in Q3 2023 and 6 closed out, a net change of 0 holders.
- The largest SmartFinancial buyer in Q3 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $2.65M added.
- The largest SmartFinancial seller in Q3 2023 was BHZ Capital Management, an estimated $1.54M sold.
Based on aggregated 13F filings for Q3 2023.