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SMMF

Summit Financial Group, Inc.
SMMF

Delisted

SMMF was delisted on the 2nd of May, 2024.

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49 hedge funds and large institutions have $53M invested in Summit Financial Group, Inc. in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 10 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 10

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

71% more capital invested

Capital invested by funds: $31M → $53M (+$22M)

4% more funds holding

Funds holding: 47 → 49 (+2)

Holders
49
Holders Change
+2
Holders Change %
+4.26%
% of All Funds
1.23%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
25
Reduced
10
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Vanguard Group
Vanguard Group
Pennsylvania
+$2.36M
2
BFA
BlackRock Fund Advisors
California
+$1.09M
3
Renaissance Technologies
Renaissance Technologies
New York
+$892K
4
Morgan Stanley
Morgan Stanley
New York
+$530K
5
Geode Capital Management
Geode Capital Management
Massachusetts
+$420K

Top Sellers

Rank Fund Capital Flow
1
UBWV
United Bank (West Virginia)
West Virginia
-$1.28M
2
PTC
Philadelphia Trust Company
Pennsylvania
-$510K
3
LSV Asset Management
LSV Asset Management
Illinois
-$180K
4
Fifth Third Bancorp
Fifth Third Bancorp
Ohio
-$68.1K
5
AIM
Acrospire Investment Management
Illinois
-$44.8K
Name Holding Trade Value Shares
Change 		Change in
Stake
TA
26
Teachers Advisors
New York
$386K +$26.3K +1,122 +9%
Ohio Public Employees Retirement System (OPERS)
27
Ohio Public Employees Retirement System (OPERS)
Ohio
$386K +$372K +15,855 New
BC
28
Burney Company
Virginia
$363K – – –
Deutsche Bank
29
Deutsche Bank
Germany
$359K +$271K +11,564 +745%
Charles Schwab
30
Charles Schwab
California
$353K – – –
TH
31
TCTC Holdings
Texas
$344K – – –
Citigroup
32
Citigroup
New York
$313K +$200K +8,504 +295%
Wells Fargo
33
Wells Fargo
California
$302K +$53.6K +2,285 +26%
First Trust Advisors
34
First Trust Advisors
Illinois
$264K +$225K +9,602 New
MLICM
35
Metropolitan Life Insurance Company (MetLife)
New York
$175K +$149K +6,368 New
New York State Common Retirement Fund
36
New York State Common Retirement Fund
New York
$167K +$66.2K +2,822 +87%
BA
37
BlackRock Advisors
Delaware
$157K +$13.1K +559 +11%
Bank of America
38
Bank of America
North Carolina
$144K +$18.7K +798 +18%
NFA
39
Nationwide Fund Advisors
Ohio
$140K – – –
AIG
40
American International Group
New York
$132K -$305 -13 -0.3%
Manulife (Manufacturers Life Insurance)
41
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$119K +$42.6K +1,815 +73%
AIM
42
Acrospire Investment Management
Illinois
$50K -$44.8K -1,911 -51%
UBS Group
43
UBS Group
Switzerland
$43K +$33.2K +1,415 +863%
Legal & General Group
44
Legal & General Group
United Kingdom
$34K +$29.2K +1,246 New
Royal Bank of Canada
45
Royal Bank of Canada
Ontario, Canada
$24K +$13.5K +577 +186%
BNP Paribas Financial Markets
46
BNP Paribas Financial Markets
France
$12.2K -$774 -33 -7%
BlackRock
47
BlackRock
New York
$9K – – –
Federated Hermes
48
Federated Hermes
Pennsylvania
$7K -$282 -12 -4%
Barclays
49
Barclays
United Kingdom
$3K -$258 -11 -10%
UBWV
50
United Bank (West Virginia)
West Virginia
– -$1.28M -66,930 Closed
1
2
3

SMMF Hedge Fund Activity: Q4 2016 in Review

49 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q4 2016, worth a combined $53M — up 71% from $31M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new SMMF positions and 3 closed out — a net gain of 3 holders — while 25 added to existing stakes and 10 trimmed.

The largest buyer was Vanguard Group, adding an estimated $2.36M. The largest seller was United Bank (West Virginia), exiting entirely with an estimated $1.28M sold.

  • 49 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q4 2016, up from 47 in Q3 2016.
  • Funds reported $53M of Summit Financial Group, Inc. stock for Q4 2016, up 71% quarter-over-quarter.
  • 6 funds opened new Summit Financial Group, Inc. positions in Q4 2016 and 3 closed out, a net change of +3 holders.
  • The largest Summit Financial Group, Inc. buyer in Q4 2016 was Vanguard Group, an estimated $2.36M added.
  • The largest Summit Financial Group, Inc. seller in Q4 2016 was United Bank (West Virginia), an estimated $1.28M sold.

Based on aggregated 13F filings for Q4 2016.