Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
64 hedge funds and large institutions have $76.7M invested in Summit Financial Group, Inc. in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 27 increasing their positions, 12 reducing their positions, and 9 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less funds holding
Funds holding: 71 → 64 (-7)
15% less capital invested
Capital invested by funds: $89.8M → $76.7M (-$13.1M)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$419K |
| 2 |
SG Americas Securities
New York
|
+$250K |
| 3 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$181K |
| 4 |
BlackRock
New York
|
+$113K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
-$769K |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$426K |
| 3 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$258K |
| 4 |
Axa
Paris,
France
|
-$254K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$244K |
SMMF Hedge Fund Activity: Q3 2018 in Review
64 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q3 2018, worth a combined $76.7M — down 15% from $89.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SMMF and 2 opened new positions — a net loss of 7 holders — while 12 trimmed existing stakes and 27 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $419K. The largest seller was Gendell Jeffrey L, cutting an estimated $769K.
- 64 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q3 2018, down from 71 in Q2 2018.
- Funds reported $76.7M of Summit Financial Group, Inc. stock for Q3 2018, down 15% quarter-over-quarter.
- 2 funds opened new Summit Financial Group, Inc. positions in Q3 2018 and 9 closed out, a net change of -7 holders.
- The largest Summit Financial Group, Inc. buyer in Q3 2018 was Dimensional Fund Advisors, an estimated $419K added.
- The largest Summit Financial Group, Inc. seller in Q3 2018 was Gendell Jeffrey L, an estimated $769K sold.
Based on aggregated 13F filings for Q3 2018.