Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
59 hedge funds and large institutions have $86.4M invested in Summit Financial Group, Inc. in 2021 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 18 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
14% more capital invested
Capital invested by funds: $75.7M → $86.4M (+$10.6M)
5% more funds holding
Funds holding: 56 → 59 (+3)
0% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$2.08M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$284K |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
+$252K |
| 4 |
SG Americas Securities
New York
|
+$171K |
| 5 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
+$96.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$269K |
| 2 |
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
|
-$222K |
| 3 |
Renaissance Technologies
New York
|
-$221K |
| 4 |
JP Morgan Chase
New York
|
-$206K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$176K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $43K | +$41.4K | +1,773 | New |
|
52
Citigroup
New York
| $35K | +$19.4K | +829 | +140% |
|
53
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| $25K | +$23.4K | +1,000 | New |
|
|
AIP
54
Ameritas Investment Partners
Lincoln,
Nebraska
| $23K | – | – | – |
|
55
Legal & General Group
London,
United Kingdom
| $22K | – | – | – |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| $21K | -$724 | -31 | -3% |
|
|
PFPT
57
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
| $18K | – | – | – |
|
58
Lazard Asset Management
New York
| $15K | +$14.7K | +627 | New |
|
|
MAM
59
Meeder Asset Management
Dublin,
Ohio
| $5K | +$748 | +32 | +18% |
|
|
60
Barclays
London,
United Kingdom
| – | -$269K | -12,238 | Closed |
|
61
UBS Group
Zurich,
Switzerland
| – | -$21K | -953 | Closed |
|
62
UBS AM
Chicago,
Illinois
| – | -$2.31K | -105 | Closed |
|
SMMF Hedge Fund Activity: Q3 2021 in Review
59 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q3 2021, worth a combined $86.4M — up 14% from $75.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SMMF positions and 3 closed out — a net gain of 4 holders — while 18 added to existing stakes and 18 trimmed.
The largest buyer was Fourthstone LLC, adding an estimated $2.08M. The largest seller was Barclays, exiting entirely with an estimated $269K sold.
- 59 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q3 2021, up from 56 in Q2 2021.
- Funds reported $86.4M of Summit Financial Group, Inc. stock for Q3 2021, up 14% quarter-over-quarter.
- 7 funds opened new Summit Financial Group, Inc. positions in Q3 2021 and 3 closed out, a net change of +4 holders.
- The largest Summit Financial Group, Inc. buyer in Q3 2021 was Fourthstone LLC, an estimated $2.08M added.
- The largest Summit Financial Group, Inc. seller in Q3 2021 was Barclays, an estimated $269K sold.
Based on aggregated 13F filings for Q3 2021.