Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
61 hedge funds and large institutions have $91.5M invested in Summit Financial Group, Inc. in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
10% more capital invested
Capital invested by funds: $83.4M → $91.5M (+$8.12M)
3% more funds holding
Funds holding: 59 → 61 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFG
Summit Financial Group
Moorefield,
West Virginia
|
+$3.71M |
| 2 |
Bank of New York Mellon
New York
|
+$488K |
| 3 |
Morgan Stanley
New York
|
+$291K |
| 4 |
Renaissance Technologies
New York
|
+$264K |
| 5 |
JP Morgan Chase
New York
|
+$251K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$305K |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
-$108K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$78.9K |
| 4 |
MCM
Maryland Capital Management
Towson,
Maryland
|
-$65.9K |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $59K | +$18K | +682 | +45% |
|
|
SO
52
STRS Ohio
Columbus,
Ohio
| $54K | – | – | – |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| $53K | +$35K | +1,329 | +214% |
|
54
Legal & General Group
London,
United Kingdom
| $49K | – | – | – |
|
55
Bank of Montreal
Toronto,
Ontario, Canada
| $37K | +$11.3K | +427 | +45% |
|
56
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| $27K | +$26.4K | +1,000 | New |
|
|
AIP
57
Ameritas Investment Partners
Lincoln,
Nebraska
| $26K | +$8.07K | +306 | +47% |
|
58
Lazard Asset Management
New York
| $6K | +$6.49K | +246 | New |
|
59
Federated Hermes
Pittsburgh,
Pennsylvania
| $3K | +$264 | +10 | +10% |
|
60
Canada Life
Winnipeg,
Manitoba, Canada
| $3K | +$3.16K | +120 | New |
|
|
TRCT
61
Tower Research Capital (TRC)
New York
| $2K | -$7.54K | -286 | -77% |
|
|
OAM
62
Oxford Asset Management
Oxford,
United Kingdom
| – | -$305K | -11,924 | Closed |
|
|
63
Victory Capital Management
San Antonio,
Texas
| – | -$54K | -2,111 | Closed |
|
|
CHC
64
City Holding Co
Charleston,
West Virginia
| – | -$10K | -400 | Closed |
|
SMMF Hedge Fund Activity: Q4 2019 in Review
61 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q4 2019, worth a combined $91.5M — up 9.7% from $83.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SMMF positions and 3 closed out — a net gain of 4 holders — while 22 added to existing stakes and 15 trimmed.
The largest buyer was Summit Financial Group, adding an estimated $3.71M. The largest seller was Oxford Asset Management, exiting entirely with an estimated $305K sold.
- 61 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q4 2019, up from 59 in Q3 2019.
- Funds reported $91.5M of Summit Financial Group, Inc. stock for Q4 2019, up 9.7% quarter-over-quarter.
- 7 funds opened new Summit Financial Group, Inc. positions in Q4 2019 and 3 closed out, a net change of +4 holders.
- The largest Summit Financial Group, Inc. buyer in Q4 2019 was Summit Financial Group, an estimated $3.71M added.
- The largest Summit Financial Group, Inc. seller in Q4 2019 was Oxford Asset Management, an estimated $305K sold.
Based on aggregated 13F filings for Q4 2019.