Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
88 hedge funds and large institutions have $165M invested in Summit Financial Group, Inc. in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 17 reducing their positions, and 3 closing their positions.
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
100% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 17
73% more capital invested
Capital invested by funds: $95.1M → $165M (+$69.5M)
17% more funds holding
Funds holding: 75 → 88 (+13)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.97M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$5.13M |
| 3 |
BlackRock
New York
|
+$2.78M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$2.74M |
| 5 |
Morgan Stanley
New York
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.19M |
| 2 |
SFG
Summit Financial Group
Moorefield,
West Virginia
|
-$839K |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$232K |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$206K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$120K |
SMMF Hedge Fund Activity: Q4 2023 in Review
88 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q4 2023, worth a combined $165M — up 73% from $95.1M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SMMF positions and 3 closed out — a net gain of 14 holders — while 34 added to existing stakes and 17 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $6.97M. The largest seller was Acadian Asset Management, cutting an estimated $1.19M.
- 88 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q4 2023, up from 75 in Q3 2023.
- Funds reported $165M of Summit Financial Group, Inc. stock for Q4 2023, up 73% quarter-over-quarter.
- 17 funds opened new Summit Financial Group, Inc. positions in Q4 2023 and 3 closed out, a net change of +14 holders.
- The largest Summit Financial Group, Inc. buyer in Q4 2023 was Dimensional Fund Advisors, an estimated $6.97M added.
- The largest Summit Financial Group, Inc. seller in Q4 2023 was Acadian Asset Management, an estimated $1.19M sold.
Based on aggregated 13F filings for Q4 2023.