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SMMF

Summit Financial Group, Inc.

Delisted

SMMF was delisted on the 2nd of May, 2024.

25 hedge funds and large institutions have $9M invested in Summit Financial Group, Inc. in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 2 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

650% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 2

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

15% more capital invested

Capital invested by funds: $7.82M → $9M (+$1.18M)

9% more funds holding

Funds holding: 2325 (+2)

Holders
25
Holders Change
+2
Holders Change %
+8.7%
% of All Funds
0.67%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
15
Reduced
2
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GJL
1
Gendell Jeffrey L
$2.17M +$260K +22,371 +13%
PH
2
Pinnacle Holdings
Oklahoma
$1.1M +$100K +8,618 +10%
Vanguard Group
3
Vanguard Group
Pennsylvania
$902K +$51K +4,379 +6%
JP Morgan Chase
4
JP Morgan Chase
New York
$828K
UBWV
5
United Bank (West Virginia)
West Virginia
$741K +$41.9K +3,600 +6%
HighTower Advisors
6
HighTower Advisors
Illinois
$721K +$530K +45,511 +173%
Fifth Third Bancorp
7
Fifth Third Bancorp
Ohio
$488K +$228K +19,562 +82%
MCWS
8
McKinley Carter Wealth Services
West Virginia
$411K +$230K +19,726 +116%
Renaissance Technologies
9
Renaissance Technologies
New York
$398K +$91.2K +7,835 +28%
California Public Employees Retirement System
10
California Public Employees Retirement System
California
$226K +$12.8K +1,097 +6%
ZIM
11
Zacks Investment Management
Illinois
$193K
SCM
12
Schneider Capital Management
Pennsylvania
$160K -$10.8K -925 -6%
BC
13
Burney Company
Virginia
$148K
TH
14
TCTC Holdings
Texas
$140K +$146K +12,500 New
LSV Asset Management
15
LSV Asset Management
Illinois
$105K +$5.96K +512 +6%
Morgan Stanley
16
Morgan Stanley
New York
$78K +$1.57K +135 +2%
BIT
17
BlackRock Institutional Trust
California
$50K +$51.7K +4,441 New
Wells Fargo
18
Wells Fargo
California
$48K +$2.71K +233 +6%
Bank of America
19
Bank of America
North Carolina
$46K
BA
20
BlackRock Advisors
Delaware
$19K +$1.06K +91 +6%
BIM
21
BlackRock Investment Management
Delaware
$15K +$7.01K +602 +85%
HF
22
Hoxton Financial
West Virginia
$11K
TRCT
23
Tower Research Capital (TRC)
New York
$5K -$8.45K -726 -62%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$1K +$58 +5 +5%
UBS Group
25
UBS Group
Switzerland
-$24K -2,021 Closed

SMMF Hedge Fund Activity: Q2 2015 in Review

25 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q2 2015, worth a combined $9M — up 15% from $7.82M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new SMMF positions and 1 closed out — a net gain of 2 holders — while 15 added to existing stakes and 2 trimmed.

The largest buyer was HighTower Advisors, adding an estimated $530K. The largest seller was UBS Group, exiting entirely with an estimated $24K sold.

  • 25 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q2 2015, up from 23 in Q1 2015.
  • Funds reported $9M of Summit Financial Group, Inc. stock for Q2 2015, up 15% quarter-over-quarter.
  • 3 funds opened new Summit Financial Group, Inc. positions in Q2 2015 and 1 closed out, a net change of +2 holders.
  • The largest Summit Financial Group, Inc. buyer in Q2 2015 was HighTower Advisors, an estimated $530K added.
  • The largest Summit Financial Group, Inc. seller in Q2 2015 was UBS Group, an estimated $24K sold.

Based on aggregated 13F filings for Q2 2015.