Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
73 hedge funds and large institutions have $108M invested in Summit Financial Group, Inc. in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
12% more capital invested
Capital invested by funds: $96.8M → $108M (+$11.4M)
3% more funds holding
Funds holding: 71 → 73 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.46M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
+$1.3M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$505K |
| 4 |
ROC
River Oaks Capital
Wayzata,
Minnesota
|
+$454K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$327K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$1.09M |
| 2 |
LPL Financial
San Diego,
California
|
-$616K |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$425K |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$206K |
| 5 |
Renaissance Technologies
New York
|
-$179K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Lazard Asset Management
New York
| – | -$15K | -623 | Closed |
|
|
MAM
77
Meeder Asset Management
Dublin,
Ohio
| – | -$5K | -176 | Closed |
|
|
CS
78
Credit Suisse
Zurich,
Switzerland
| – | +$292 | +11 | New |
|
SMMF Hedge Fund Activity: Q2 2022 in Review
73 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q2 2022, worth a combined $108M — up 12% from $96.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SMMF positions and 6 closed out — a net gain of 3 holders — while 26 added to existing stakes and 23 trimmed.
The largest buyer was Bridgeway Capital Management, adding an estimated $1.46M. The largest seller was Fourthstone LLC, cutting an estimated $1.09M.
- 73 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q2 2022, up from 71 in Q1 2022.
- Funds reported $108M of Summit Financial Group, Inc. stock for Q2 2022, up 12% quarter-over-quarter.
- 9 funds opened new Summit Financial Group, Inc. positions in Q2 2022 and 6 closed out, a net change of +3 holders.
- The largest Summit Financial Group, Inc. buyer in Q2 2022 was Bridgeway Capital Management, an estimated $1.46M added.
- The largest Summit Financial Group, Inc. seller in Q2 2022 was Fourthstone LLC, an estimated $1.09M sold.
Based on aggregated 13F filings for Q2 2022.