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SMMF

Summit Financial Group, Inc.

Delisted

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

60 hedge funds and large institutions have $62.2M invested in Summit Financial Group, Inc. in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 20

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

6% less funds holding

Funds holding: 6460 (-4)

19% less capital invested

Capital invested by funds: $76.7M → $62.2M (-$14.5M)

80% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 5

Holders
60
Holders Change
-4
Holders Change %
-6.25%
% of All Funds
1.34%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
1
Increased
22
Reduced
20
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$11.1M +$315K +15,012 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$7.59M +$88.4K +4,209 +1%
Renaissance Technologies
3
Renaissance Technologies
New York
$4.46M -$319K -15,160 -6%
State Street
4
State Street
Massachusetts
$3.16M -$46.4K -2,210 -1%
SFG
5
Summit Financial Group
West Virginia
$2.98M -$10.9K -518 -0.3%
PRCP
6
Pacific Ridge Capital Partners
Oregon
$2.86M +$32.7K +1,557 +1%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$2.65M +$479K +22,786 +20%
KCM
8
Kennedy Capital Management
Missouri
$2.47M
Northern Trust
9
Northern Trust
Illinois
$2.3M +$25.8K +1,226 +1%
PH
10
Pinnacle Holdings
Oklahoma
$2.03M -$39.8K -1,892 -2%
ROC
11
River Oaks Capital
Minnesota
$1.92M +$37.8K +1,800 +2%
VCA
12
Verdence Capital Advisors
Maryland
$1.7M +$50.4K +2,400 +3%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$1.66M +$94.1K +4,477 +5%
GJL
14
Gendell Jeffrey L
$1.61M -$20.5K -976 -1%
BCM
15
Bridgeway Capital Management
Texas
$1.05M +$252K +12,000 +28%
LSV Asset Management
16
LSV Asset Management
Illinois
$1M +$525K +24,985 +93%
Fifth Third Bancorp
17
Fifth Third Bancorp
Ohio
$994K
Bank of New York Mellon
18
Bank of New York Mellon
New York
$924K -$128K -6,102 -11%
ACM
19
Argent Capital Management
Missouri
$860K -$970K -46,169 -51%
CIC
20
Cornercap Investment Counsel
Georgia
$815K +$248K +11,824 +39%
MCM
21
Maryland Capital Management
Maryland
$747K
Charles Schwab
22
Charles Schwab
California
$561K +$128K +6,075 +26%
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$433K
ZIM
24
ZPR Investment Management
Florida
$424K -$503K -23,935 -52%
TCIM
25
TIAA CREF Investment Management
New York
$406K -$5.99K -285 -1%

SMMF Hedge Fund Activity: Q4 2018 in Review

60 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q4 2018, worth a combined $62.2M — down 19% from $76.7M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of SMMF and 1 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 22 added.

The largest buyer was LSV Asset Management, adding an estimated $525K. The largest seller was Maltese Capital Management, exiting entirely with an estimated $1.19M sold.

  • 60 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q4 2018, down from 64 in Q3 2018.
  • Funds reported $62.2M of Summit Financial Group, Inc. stock for Q4 2018, down 19% quarter-over-quarter.
  • 1 fund opened new Summit Financial Group, Inc. positions in Q4 2018 and 5 closed out, a net change of -4 holders.
  • The largest Summit Financial Group, Inc. buyer in Q4 2018 was LSV Asset Management, an estimated $525K added.
  • The largest Summit Financial Group, Inc. seller in Q4 2018 was Maltese Capital Management, an estimated $1.19M sold.

Based on aggregated 13F filings for Q4 2018.