Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
18 hedge funds and large institutions have $3.71M invested in Summit Financial Group, Inc. in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 0 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
21% more capital invested
Capital invested by funds: $3.07M → $3.71M (+$642K)
6% more funds holding
Funds holding: 17 → 18 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
+$189K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$38K |
| 3 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$18.5K |
| 4 |
Renaissance Technologies
New York
|
+$16.6K |
| 5 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$10.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBWV
United Bank (West Virginia)
Parkersburg,
West Virginia
|
-$88K |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1 |
SMMF Hedge Fund Activity: Q4 2013 in Review
18 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q4 2013, worth a combined $3.71M — up 21% from $3.07M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SMMF positions and 2 closed out — a net gain of 2 holders — while 3 added to existing stakes and 0 trimmed.
The largest buyer was Gendell Jeffrey L, adding an estimated $189K. The largest seller was United Bank (West Virginia), exiting entirely with an estimated $88K sold.
- 18 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q4 2013, up from 17 in Q3 2013.
- Funds reported $3.71M of Summit Financial Group, Inc. stock for Q4 2013, up 21% quarter-over-quarter.
- 4 funds opened new Summit Financial Group, Inc. positions in Q4 2013 and 2 closed out, a net change of +2 holders.
- The largest Summit Financial Group, Inc. buyer in Q4 2013 was Gendell Jeffrey L, an estimated $189K added.
- The largest Summit Financial Group, Inc. seller in Q4 2013 was United Bank (West Virginia), an estimated $88K sold.
Based on aggregated 13F filings for Q4 2013.