Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
22 hedge funds and large institutions have $5.36M invested in Summit Financial Group, Inc. in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
5% more funds holding
Funds holding: 21 → 22 (+1)
14% less capital invested
Capital invested by funds: $6.21M → $5.36M (-$845K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$289K |
| 2 |
GJL
Gendell Jeffrey L
|
+$43.5K |
| 3 |
Renaissance Technologies
New York
|
+$17K |
| 4 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$16.8K |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$5.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
-$116M |
| 2 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$106K |
| 3 |
AUB
Atlantic Union Bankshares
Glen Allen,
Virginia
|
-$2K |
SMMF Hedge Fund Activity: Q2 2014 in Review
22 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q2 2014, worth a combined $5.36M — down 14% from $6.21M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SMMF positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 2 trimmed.
The largest buyer was Pinnacle Holdings, adding an estimated $289K. The largest seller was Sphera Funds Management, cutting an estimated $116M.
- 22 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q2 2014, up from 21 in Q1 2014.
- Funds reported $5.36M of Summit Financial Group, Inc. stock for Q2 2014, down 14% quarter-over-quarter.
- 3 funds opened new Summit Financial Group, Inc. positions in Q2 2014 and 2 closed out, a net change of +1 holder.
- The largest Summit Financial Group, Inc. buyer in Q2 2014 was Pinnacle Holdings, an estimated $289K added.
- The largest Summit Financial Group, Inc. seller in Q2 2014 was Sphera Funds Management, an estimated $116M sold.
Based on aggregated 13F filings for Q2 2014.