Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
27 hedge funds and large institutions have $11.2M invested in Summit Financial Group, Inc. in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 1 reducing their positions, and 1 closing their positions.
800% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 1
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
20% more capital invested
Capital invested by funds: $9.36M → $11.2M (+$1.87M)
8% more funds holding
Funds holding: 25 → 27 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
+$713K |
| 2 |
GJL
Gendell Jeffrey L
|
+$668K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$152K |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$89.3K |
| 5 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$65.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$55.7K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Axa
Paris,
France
| $12K | +$11.6K | +1,000 | New |
|
27
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3 | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$8K | -716 | Closed |
|
SMMF Hedge Fund Activity: Q4 2015 in Review
27 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q4 2015, worth a combined $11.2M — up 20% from $9.36M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SMMF positions and 1 closed out — a net gain of 2 holders — while 9 added to existing stakes and 1 trimmed.
The largest buyer was Philadelphia Trust Company, opening a new position worth an estimated $713K. The largest seller was Morgan Stanley, cutting an estimated $55.7K.
- 27 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q4 2015, up from 25 in Q3 2015.
- Funds reported $11.2M of Summit Financial Group, Inc. stock for Q4 2015, up 20% quarter-over-quarter.
- 3 funds opened new Summit Financial Group, Inc. positions in Q4 2015 and 1 closed out, a net change of +2 holders.
- The largest Summit Financial Group, Inc. buyer in Q4 2015 was Philadelphia Trust Company, an estimated $713K added.
- The largest Summit Financial Group, Inc. seller in Q4 2015 was Morgan Stanley, an estimated $55.7K sold.
Based on aggregated 13F filings for Q4 2015.