Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
65 hedge funds and large institutions have $84.4M invested in Summit Financial Group, Inc. in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
16% more capital invested
Capital invested by funds: $72.9M → $84.4M (+$11.5M)
14% more funds holding
Funds holding: 57 → 65 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$2.4M |
| 2 |
ACM
Argent Capital Management
St Louis,
Missouri
|
+$1.73M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.58M |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$715K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$565K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
-$796K |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$261K |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$180K |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$154K |
| 5 |
SFG
Summit Financial Group
Moorefield,
West Virginia
|
-$138K |
SMMF Hedge Fund Activity: Q4 2017 in Review
65 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q4 2017, worth a combined $84.4M — up 16% from $72.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SMMF positions and 1 closed out — a net gain of 8 holders — while 21 added to existing stakes and 18 trimmed.
The largest buyer was Pacific Ridge Capital Partners, adding an estimated $2.4M. The largest seller was BHZ Capital Management, cutting an estimated $796K.
- 65 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q4 2017, up from 57 in Q3 2017.
- Funds reported $84.4M of Summit Financial Group, Inc. stock for Q4 2017, up 16% quarter-over-quarter.
- 9 funds opened new Summit Financial Group, Inc. positions in Q4 2017 and 1 closed out, a net change of +8 holders.
- The largest Summit Financial Group, Inc. buyer in Q4 2017 was Pacific Ridge Capital Partners, an estimated $2.4M added.
- The largest Summit Financial Group, Inc. seller in Q4 2017 was BHZ Capital Management, an estimated $796K sold.
Based on aggregated 13F filings for Q4 2017.