Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
64 hedge funds and large institutions have $93.9M invested in Summit Financial Group, Inc. in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
7% more funds holding
Funds holding: 60 → 64 (+4)
6% more capital invested
Capital invested by funds: $88.5M → $93.9M (+$5.45M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.21M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.12M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.01M |
| 4 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
+$1M |
| 5 |
ACM
Argent Capital Management
St Louis,
Missouri
|
+$963K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.65M |
| 2 |
GJL
Gendell Jeffrey L
|
-$962K |
| 3 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$577K |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$529K |
| 5 |
LPL Financial
San Diego,
California
|
-$290K |
SMMF Hedge Fund Activity: Q2 2019 in Review
64 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q2 2019, worth a combined $93.9M — up 6.2% from $88.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SMMF positions and 4 closed out — a net gain of 6 holders — while 20 added to existing stakes and 14 trimmed.
The largest buyer was BlackRock, adding an estimated $1.21M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $1.65M sold.
- 64 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q2 2019, up from 60 in Q1 2019.
- Funds reported $93.9M of Summit Financial Group, Inc. stock for Q2 2019, up 6.2% quarter-over-quarter.
- 10 funds opened new Summit Financial Group, Inc. positions in Q2 2019 and 4 closed out, a net change of +6 holders.
- The largest Summit Financial Group, Inc. buyer in Q2 2019 was BlackRock, an estimated $1.21M added.
- The largest Summit Financial Group, Inc. seller in Q2 2019 was Kennedy Capital Management, an estimated $1.65M sold.
Based on aggregated 13F filings for Q2 2019.