SmartFinancial
SMBK
104 hedge funds and large institutions have $214M invested in SmartFinancial in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 37 increasing their positions, 29 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
110% more capital inflows, than outflows
Capital inflows: $13.6M | Capital outflows: $6.48M
28% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 29
11% more funds holding
Funds holding: 94 → 104 (+10)
1.88% more ownership
Funds ownership: 49.65% → 51.53% (+1.9%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.96M |
| 2 |
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$1.67M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$763K |
| 4 |
Morgan Stanley
New York
|
+$736K |
| 5 |
Foundry Partners
Minneapolis,
Minnesota
|
+$730K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Forest Hill Capital
Little Rock,
Arkansas
|
-$2.99M |
| 2 |
Cravens & Co Advisors
Cookeville,
Tennessee
|
-$1.48M |
| 3 |
Crescent Grove Advisors
Lake Forest,
Illinois
|
-$332K |
| 4 |
BHZ Capital Management
San Jose,
California
|
-$312K |
| 5 |
Private Capital Management (Florida)
Naples,
Florida
|
-$223K |
SMBK Hedge Fund Activity: Q4 2023 in Review
104 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in SmartFinancial (SMBK) for Q4 2023, worth a combined $214M — up 19% from $180M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SMBK positions and 2 closed out — a net gain of 10 holders — while 37 added to existing stakes and 29 trimmed.
The largest buyer was BlackRock, adding an estimated $1.96M. The largest seller was Forest Hill Capital, cutting an estimated $2.99M.
- 104 institutional investors held SmartFinancial (SMBK) as of Q4 2023, up from 94 in Q3 2023.
- Funds reported $214M of SmartFinancial stock for Q4 2023, up 19% quarter-over-quarter.
- 12 funds opened new SmartFinancial positions in Q4 2023 and 2 closed out, a net change of +10 holders.
- The largest SmartFinancial buyer in Q4 2023 was BlackRock, an estimated $1.96M added.
- The largest SmartFinancial seller in Q4 2023 was Forest Hill Capital, an estimated $2.99M sold.
Based on aggregated 13F filings for Q4 2023.