Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
67 hedge funds and large institutions have $82.3M invested in Summit Financial Group, Inc. in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 28 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
3% more funds holding
Funds holding: 65 → 67 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $84.4M → $82.3M (-$2.04M)
46% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$928K |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$927K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$785K |
| 4 |
MCM
Maltese Capital Management
New York
|
+$706K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$607K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
-$2.11M |
| 2 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$452K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$239K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$192K |
| 5 |
BlackRock
New York
|
-$147K |
SMMF Hedge Fund Activity: Q1 2018 in Review
67 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q1 2018, worth a combined $82.3M — down 2.4% from $84.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SMMF positions and 2 closed out — a net gain of 3 holders — while 15 added to existing stakes and 28 trimmed.
The largest buyer was ZPR Investment Management, opening a new position worth an estimated $928K. The largest seller was Gendell Jeffrey L, cutting an estimated $2.11M.
- 67 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q1 2018, up from 65 in Q4 2017.
- Funds reported $82.3M of Summit Financial Group, Inc. stock for Q1 2018, down 2.4% quarter-over-quarter.
- 5 funds opened new Summit Financial Group, Inc. positions in Q1 2018 and 2 closed out, a net change of +3 holders.
- The largest Summit Financial Group, Inc. buyer in Q1 2018 was ZPR Investment Management, an estimated $928K added.
- The largest Summit Financial Group, Inc. seller in Q1 2018 was Gendell Jeffrey L, an estimated $2.11M sold.
Based on aggregated 13F filings for Q1 2018.