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SMMF

Summit Financial Group, Inc.
SMMF

Delisted

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

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37 hedge funds and large institutions have $16.1M invested in Summit Financial Group, Inc. in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 1 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,000% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 1

1,000% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 1

43% more capital invested

Capital invested by funds: $11.2M → $16.1M (+$4.85M)

37% more funds holding

Funds holding: 27 → 37 (+10)

Holders
37
Holders Change
+10
Holders Change %
+37.04%
% of All Funds
0.99%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
11
Increased
11
Reduced
1
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
MCM
Maryland Capital Management
Maryland
+$338K
2
BCM
Bridgeway Capital Management
Texas
+$305K
3
Renaissance Technologies
Renaissance Technologies
New York
+$274K
4
UBS Group
UBS Group
Switzerland
+$189K
5
Goldman Sachs
Goldman Sachs
New York
+$180K

Top Sellers

Rank Fund Capital Flow
1
JP Morgan Chase
JP Morgan Chase
New York
-$879K
2
BIT
BlackRock Institutional Trust
California
-$112K
Name Holding Trade Value Shares
Change 		Change in
Stake
GJL
1
Gendell Jeffrey L
$4.06M +$65.1K +5,010 +2%
PH
2
Pinnacle Holdings
Oklahoma
$1.77M +$134K +10,338 +10%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.25M +$5.19K +400 +0.5%
HighTower Advisors
4
HighTower Advisors
Illinois
$1.13M – – –
Renaissance Technologies
5
Renaissance Technologies
New York
$1.07M +$274K +21,100 +44%
UBWV
6
United Bank (West Virginia)
West Virginia
$1.03M +$5.76K +444 +0.7%
PTC
7
Philadelphia Trust Company
Pennsylvania
$960K +$5.36K +413 +0.7%
Fifth Third Bancorp
8
Fifth Third Bancorp
Ohio
$721K – – –
MCM
9
Maryland Capital Management
Maryland
$402K +$338K +26,000 New
BCM
10
Bridgeway Capital Management
Texas
$364K +$305K +23,515 New
California Public Employees Retirement System
11
California Public Employees Retirement System
California
$312K – – –
ZIM
12
Zacks Investment Management
Illinois
$266K – – –
UBS Group
13
UBS Group
Switzerland
$245K +$189K +14,518 +1,125%
Millennium Management
14
Millennium Management
New York
$214K +$180K +13,858 New
Goldman Sachs
15
Goldman Sachs
New York
$214K +$180K +13,865 New
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$205K +$13 +1 +0%
BC
17
Burney Company
Virginia
$204K – – –
Morgan Stanley
18
Morgan Stanley
New York
$203K +$142K +10,942 +509%
BGIM
19
Brandywine Global Investment Management
Pennsylvania
$194K – – –
TH
20
TCTC Holdings
Texas
$193K – – –
SCM
21
Segantii Capital Management
Hong Kong
$167K +$136K +10,450 New
CS
22
Credit Suisse
Switzerland
$164K +$138K +10,597 New
LSV Asset Management
23
LSV Asset Management
Illinois
$145K – – –
BIT
24
BlackRock Institutional Trust
California
$132K -$112K -8,645 -50%
AIM
25
Acrospire Investment Management
Illinois
$101K +$84.6K +6,515 New
1
2

SMMF Hedge Fund Activity: Q1 2016 in Review

37 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q1 2016, worth a combined $16.1M — up 43% from $11.2M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new SMMF positions and 1 closed out — a net gain of 10 holders — while 11 added to existing stakes and 1 trimmed.

The largest buyer was Maryland Capital Management, opening a new position worth an estimated $338K. The largest seller was JP Morgan Chase, exiting entirely with an estimated $879K sold.

  • 37 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q1 2016, up from 27 in Q4 2015.
  • Funds reported $16.1M of Summit Financial Group, Inc. stock for Q1 2016, up 43% quarter-over-quarter.
  • 11 funds opened new Summit Financial Group, Inc. positions in Q1 2016 and 1 closed out, a net change of +10 holders.
  • The largest Summit Financial Group, Inc. buyer in Q1 2016 was Maryland Capital Management, an estimated $338K added.
  • The largest Summit Financial Group, Inc. seller in Q1 2016 was JP Morgan Chase, an estimated $879K sold.

Based on aggregated 13F filings for Q1 2016.