Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
60 hedge funds and large institutions have $62.2M invested in Summit Financial Group, Inc. in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 5 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 64 → 60 (-4)
19% less capital invested
Capital invested by funds: $76.7M → $62.2M (-$14.5M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$525K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$479K |
| 3 |
BlackRock
New York
|
+$315K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$252K |
| 5 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$248K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.19M |
| 2 |
ACM
Argent Capital Management
St Louis,
Missouri
|
-$970K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$652K |
| 4 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$503K |
| 5 |
Renaissance Technologies
New York
|
-$319K |
SMMF Hedge Fund Activity: Q4 2018 in Review
60 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q4 2018, worth a combined $62.2M — down 19% from $76.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SMMF and 1 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 22 added.
The largest buyer was LSV Asset Management, adding an estimated $525K. The largest seller was Maltese Capital Management, exiting entirely with an estimated $1.19M sold.
- 60 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q4 2018, down from 64 in Q3 2018.
- Funds reported $62.2M of Summit Financial Group, Inc. stock for Q4 2018, down 19% quarter-over-quarter.
- 1 fund opened new Summit Financial Group, Inc. positions in Q4 2018 and 5 closed out, a net change of -4 holders.
- The largest Summit Financial Group, Inc. buyer in Q4 2018 was LSV Asset Management, an estimated $525K added.
- The largest Summit Financial Group, Inc. seller in Q4 2018 was Maltese Capital Management, an estimated $1.19M sold.
Based on aggregated 13F filings for Q4 2018.