Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
71 hedge funds and large institutions have $89.8M invested in Summit Financial Group, Inc. in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
9% more capital invested
Capital invested by funds: $82.3M → $89.8M (+$7.43M)
6% more funds holding
Funds holding: 67 → 71 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.28M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$449K |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$309K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$282K |
| 5 |
BSW
Buckingham Strategic Wealth
Clayton,
Missouri
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
-$1.01M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$363K |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
-$274K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$164K |
| 5 |
MCM
Maltese Capital Management
New York
|
-$146K |
SMMF Hedge Fund Activity: Q2 2018 in Review
71 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q2 2018, worth a combined $89.8M — up 9% from $82.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SMMF positions and 3 closed out — a net gain of 4 holders — while 24 added to existing stakes and 18 trimmed.
The largest buyer was BlackRock, adding an estimated $1.28M. The largest seller was Gendell Jeffrey L, cutting an estimated $1.01M.
- 71 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q2 2018, up from 67 in Q1 2018.
- Funds reported $89.8M of Summit Financial Group, Inc. stock for Q2 2018, up 9% quarter-over-quarter.
- 7 funds opened new Summit Financial Group, Inc. positions in Q2 2018 and 3 closed out, a net change of +4 holders.
- The largest Summit Financial Group, Inc. buyer in Q2 2018 was BlackRock, an estimated $1.28M added.
- The largest Summit Financial Group, Inc. seller in Q2 2018 was Gendell Jeffrey L, an estimated $1.01M sold.
Based on aggregated 13F filings for Q2 2018.