Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
57 hedge funds and large institutions have $72.9M invested in Summit Financial Group, Inc. in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 9 reducing their positions, and 8 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 9
25% more capital invested
Capital invested by funds: $58.5M → $72.9M (+$14.4M)
0% more funds holding
Funds holding: 57 → 57 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.12M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$992K |
| 3 |
ROC
River Oaks Capital
Wayzata,
Minnesota
|
+$985K |
| 4 |
Renaissance Technologies
New York
|
+$868K |
| 5 |
MCM
Maltese Capital Management
New York
|
+$606K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFG
Summit Financial Group
Moorefield,
West Virginia
|
-$1.86M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$1.74M |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
-$860K |
| 4 |
Millennium Management
New York
|
-$407K |
| 5 |
JP Morgan Chase
New York
|
-$128K |
SMMF Hedge Fund Activity: Q3 2017 in Review
57 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q3 2017, worth a combined $72.9M — up 25% from $58.5M a quarter earlier.
Fund positioning in SMMF was balanced in Q3 2017: 8 funds opened new positions, 8 closed out, 19 added to existing stakes and 9 trimmed.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $3.12M. The largest seller was Summit Financial Group, cutting an estimated $1.86M.
- 57 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $72.9M of Summit Financial Group, Inc. stock for Q3 2017, up 25% quarter-over-quarter.
- 8 funds opened new Summit Financial Group, Inc. positions in Q3 2017 and 8 closed out, a net change of 0 holders.
- The largest Summit Financial Group, Inc. buyer in Q3 2017 was Kennedy Capital Management, an estimated $3.12M added.
- The largest Summit Financial Group, Inc. seller in Q3 2017 was Summit Financial Group, an estimated $1.86M sold.
Based on aggregated 13F filings for Q3 2017.