Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
1 hedge funds and large institutions have $122K invested in Summit Financial Group, Inc. in 2024 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 89 closing their positions.
99% less funds holding
Funds holding: 91 → 1 (-90)
100% less capital invested
Capital invested by funds: $147M → $122K (-$147M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 89
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$22.8M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$18.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$15.7M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$6.93M |
| 5 |
State Street
Boston,
Massachusetts
|
-$6.45M |
SMMF Hedge Fund Activity: Q2 2024 in Review
1 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q2 2024, worth a combined $122K — down 100% from $147M a quarter earlier.
Sellers outnumbered buyers: 89 funds closed out of SMMF and 0 opened new positions — a net loss of 89 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was BlackRock, exiting entirely with an estimated $22.8M sold.
- 1 institutional investor held Summit Financial Group, Inc. (SMMF) as of Q2 2024, down from 91 in Q1 2024.
- Funds reported $122K of Summit Financial Group, Inc. stock for Q2 2024, down 100% quarter-over-quarter.
- 0 funds opened new Summit Financial Group, Inc. positions in Q2 2024 and 89 closed out, a net change of -89 holders.
- The largest Summit Financial Group, Inc. seller in Q2 2024 was BlackRock, an estimated $22.8M sold.
Based on aggregated 13F filings for Q2 2024.