Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
17 hedge funds and large institutions have $3.07M invested in Summit Financial Group, Inc. in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 4 closing their positions.
31% more capital invested
Capital invested by funds: $2.35M → $3.07M (+$719K)
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
6% more funds holding
Funds holding: 16 → 17 (+1)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
+$492K |
| 2 |
MCWS
McKinley Carter Wealth Services
Wheeling,
West Virginia
|
+$116K |
| 3 |
BC
Burney Company
Reston,
Virginia
|
+$112K |
| 4 |
Renaissance Technologies
New York
|
+$85.2K |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$6.88K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$170K |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$53.5K |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$17K |
| 4 |
HF
Hoxton Financial
Shepherdstown,
West Virginia
|
-$8K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$7K |
SMMF Hedge Fund Activity: Q3 2013 in Review
17 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q3 2013, worth a combined $3.07M — up 31% from $2.35M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SMMF positions and 4 closed out — a net gain of 1 holder — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Gendell Jeffrey L, opening a new position worth an estimated $492K. The largest seller was Vanguard Group, cutting an estimated $170K.
- 17 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q3 2013, up from 16 in Q2 2013.
- Funds reported $3.07M of Summit Financial Group, Inc. stock for Q3 2013, up 31% quarter-over-quarter.
- 5 funds opened new Summit Financial Group, Inc. positions in Q3 2013 and 4 closed out, a net change of +1 holder.
- The largest Summit Financial Group, Inc. buyer in Q3 2013 was Gendell Jeffrey L, an estimated $492K added.
- The largest Summit Financial Group, Inc. seller in Q3 2013 was Vanguard Group, an estimated $170K sold.
Based on aggregated 13F filings for Q3 2013.