Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
21 hedge funds and large institutions have $6.21M invested in Summit Financial Group, Inc. in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 1 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
67% more capital invested
Capital invested by funds: $3.71M → $6.21M (+$2.5M)
17% more funds holding
Funds holding: 18 → 21 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
+$111M |
| 2 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$387K |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$102K |
| 4 |
Morgan Stanley
New York
|
+$69.5K |
| 5 |
GJL
Gendell Jeffrey L
|
+$46.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$264 |
SMMF Hedge Fund Activity: Q1 2014 in Review
21 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q1 2014, worth a combined $6.21M — up 67% from $3.71M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SMMF positions and 1 closed out — a net gain of 3 holders — while 6 added to existing stakes and 1 trimmed.
The largest buyer was Sphera Funds Management, opening a new position worth an estimated $111M. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $3K sold.
- 21 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q1 2014, up from 18 in Q4 2013.
- Funds reported $6.21M of Summit Financial Group, Inc. stock for Q1 2014, up 67% quarter-over-quarter.
- 4 funds opened new Summit Financial Group, Inc. positions in Q1 2014 and 1 closed out, a net change of +3 holders.
- The largest Summit Financial Group, Inc. buyer in Q1 2014 was Sphera Funds Management, an estimated $111M added.
- The largest Summit Financial Group, Inc. seller in Q1 2014 was Tower Research Capital (TRC), an estimated $3K sold.
Based on aggregated 13F filings for Q1 2014.