We are live on ! Find out more
SMMF

Summit Financial Group, Inc.

Delisted

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

64 hedge funds and large institutions have $76.7M invested in Summit Financial Group, Inc. in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 27 increasing their positions, 12 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 12

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

10% less funds holding

Funds holding: 7164 (-7)

15% less capital invested

Capital invested by funds: $89.8M → $76.7M (-$13.1M)

78% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 9

Holders
64
Holders Change
-7
Holders Change %
-9.86%
% of All Funds
1.46%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
2
Increased
27
Reduced
12
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$588K -$39.2K -1,546 -6%
Charles Schwab
27
Charles Schwab
California
$533K
California Public Employees Retirement System
28
California Public Employees Retirement System
California
$520K
TCIM
29
TIAA CREF Investment Management
New York
$495K -$24.6K -969 -4%
PTC
30
Philadelphia Trust Company
Pennsylvania
$454K +$2.36K +93 +0.5%
TA
31
Teachers Advisors
New York
$435K -$4.67K -184 -1%
California State Teachers Retirement System (CalSTRS)
32
California State Teachers Retirement System (CalSTRS)
California
$389K
Wells Fargo
33
Wells Fargo
California
$360K -$97.8K -3,856 -20%
New York State Common Retirement Fund
34
New York State Common Retirement Fund
New York
$333K +$2.06K +81 +0.6%
Prudential Financial
35
Prudential Financial
New Jersey
$294K -$2.74K -108 -0.8%
TH
36
TCTC Holdings
Texas
$290K
DK
37
Darrell & King
Virginia
$277K
RhumbLine Advisers
38
RhumbLine Advisers
Massachusetts
$251K +$4.59K +181 +2%
BSW
39
Buckingham Strategic Wealth
Missouri
$232K
SG Americas Securities
40
SG Americas Securities
New York
$228K +$250K +9,839 New
BC
41
Burney Company
Virginia
$222K
Stifel Financial
42
Stifel Financial
Missouri
$219K
Bank of America
43
Bank of America
North Carolina
$196K +$62K +2,444 +41%
AIG
44
American International Group
New York
$169K +$3.3K +130 +2%
MIM
45
MetLife Investment Management
New Jersey
$132K
Barclays
46
Barclays
United Kingdom
$101K +$90.8K +3,577 +447%
PNC Financial Services Group
47
PNC Financial Services Group
Pennsylvania
$95K
MLICM
48
Metropolitan Life Insurance Company (MetLife)
New York
$93.3K
RQS
49
Ramsey Quantitative Systems
Kentucky
$83K +$43.3K +1,707 +91%
Citigroup
50
Citigroup
New York
$70K +$5.23K +206 +7%

SMMF Hedge Fund Activity: Q3 2018 in Review

64 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q3 2018, worth a combined $76.7M — down 15% from $89.8M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of SMMF and 2 opened new positions — a net loss of 7 holders — while 12 trimmed existing stakes and 27 added.

The largest buyer was Dimensional Fund Advisors, adding an estimated $419K. The largest seller was Gendell Jeffrey L, cutting an estimated $769K.

  • 64 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q3 2018, down from 71 in Q2 2018.
  • Funds reported $76.7M of Summit Financial Group, Inc. stock for Q3 2018, down 15% quarter-over-quarter.
  • 2 funds opened new Summit Financial Group, Inc. positions in Q3 2018 and 9 closed out, a net change of -7 holders.
  • The largest Summit Financial Group, Inc. buyer in Q3 2018 was Dimensional Fund Advisors, an estimated $419K added.
  • The largest Summit Financial Group, Inc. seller in Q3 2018 was Gendell Jeffrey L, an estimated $769K sold.

Based on aggregated 13F filings for Q3 2018.