Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
47 hedge funds and large institutions have $31M invested in Summit Financial Group, Inc. in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 0 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
15% more funds holding
Funds holding: 41 → 47 (+6)
12% more capital invested
Capital invested by funds: $27.7M → $31M (+$3.36M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$367K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$308K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$287K |
| 4 |
Renaissance Technologies
New York
|
+$197K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$194K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
-$381K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$201K |
| 3 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
-$41.4K |
| 4 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
-$3.68K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$3.53K |
SMMF Hedge Fund Activity: Q3 2016 in Review
47 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q3 2016, worth a combined $31M — up 12% from $27.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SMMF positions and 0 closed out — a net gain of 6 holders — while 17 added to existing stakes and 7 trimmed.
The largest buyer was State Street, adding an estimated $367K. The largest seller was Gendell Jeffrey L, cutting an estimated $381K.
- 47 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q3 2016, up from 41 in Q2 2016.
- Funds reported $31M of Summit Financial Group, Inc. stock for Q3 2016, up 12% quarter-over-quarter.
- 6 funds opened new Summit Financial Group, Inc. positions in Q3 2016 and 0 closed out, a net change of +6 holders.
- The largest Summit Financial Group, Inc. buyer in Q3 2016 was State Street, an estimated $367K added.
- The largest Summit Financial Group, Inc. seller in Q3 2016 was Gendell Jeffrey L, an estimated $381K sold.
Based on aggregated 13F filings for Q3 2016.