Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
20 hedge funds and large institutions have $6.44M invested in Summit Financial Group, Inc. in 2014 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
22% more capital invested
Capital invested by funds: $5.28M → $6.44M (+$1.16M)
13% less funds holding
Funds holding: 23 → 20 (-3)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
+$376K |
| 2 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$236K |
| 3 |
Renaissance Technologies
New York
|
+$71.9K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.11K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$44 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$214K |
| 2 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
-$63K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.64K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.27K |
SMMF Hedge Fund Activity: Q4 2014 in Review
20 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q4 2014, worth a combined $6.44M — up 22% from $5.28M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SMMF and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 4 added.
The largest buyer was Gendell Jeffrey L, adding an estimated $376K. The largest seller was Shepherd Kaplan Krochuk, exiting entirely with an estimated $214K sold.
- 20 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q4 2014, down from 23 in Q3 2014.
- Funds reported $6.44M of Summit Financial Group, Inc. stock for Q4 2014, up 22% quarter-over-quarter.
- 1 fund opened new Summit Financial Group, Inc. positions in Q4 2014 and 2 closed out, a net change of -1 holder.
- The largest Summit Financial Group, Inc. buyer in Q4 2014 was Gendell Jeffrey L, an estimated $376K added.
- The largest Summit Financial Group, Inc. seller in Q4 2014 was Shepherd Kaplan Krochuk, an estimated $214K sold.
Based on aggregated 13F filings for Q4 2014.