Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
73 hedge funds and large institutions have $107M invested in Summit Financial Group, Inc. in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 15 reducing their positions, and 7 closing their positions.
93% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 15
0% more funds holding
Funds holding: 73 → 73 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
1% less capital invested
Capital invested by funds: $108M → $107M (-$1.06M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.48M |
| 2 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$1.02M |
| 3 |
Millennium Management
New York
|
+$940K |
| 4 |
BlackRock
New York
|
+$782K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$719K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.64M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$1.32M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$383K |
| 4 |
BRC
Bell Rock Capital
Rehoboth Beach,
Delaware
|
-$285K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$268K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Invesco
Atlanta,
Georgia
| – | -$268K | -9,666 | Closed |
|
|
GLLW
77
Graves Light Lenhart Wealth
Harrisonburg,
Virginia
| – | -$184K | -6,630 | Closed |
|
78
SG Americas Securities
New York
| – | -$129K | -4,637 | Closed |
|
|
GCM
79
Gladius Capital Management
Chicago,
Illinois
| – | -$40K | -1,439 | Closed |
|
80
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$39K | -1,386 | Closed |
|
SMMF Hedge Fund Activity: Q3 2022 in Review
73 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q3 2022, worth a combined $107M — down 0.98% from $108M a quarter earlier.
Fund positioning in SMMF was balanced in Q3 2022: 7 funds opened new positions, 7 closed out, 29 added to existing stakes and 15 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $1.48M. The largest seller was EJF Capital, exiting entirely with an estimated $1.64M sold.
- 73 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $107M of Summit Financial Group, Inc. stock for Q3 2022, down 0.98% quarter-over-quarter.
- 7 funds opened new Summit Financial Group, Inc. positions in Q3 2022 and 7 closed out, a net change of 0 holders.
- The largest Summit Financial Group, Inc. buyer in Q3 2022 was Royal Bank of Canada, an estimated $1.48M added.
- The largest Summit Financial Group, Inc. seller in Q3 2022 was EJF Capital, an estimated $1.64M sold.
Based on aggregated 13F filings for Q3 2022.