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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 $88.5M invested in Summit Financial Group, Inc. in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more capital invested

Capital invested by funds: $62.2M → $88.5M (+$26.3M)

18% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 17

0% more funds holding

Funds holding: 6060 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

Holders
60
Holders Change
Holders Change %
0%
% of All Funds
1.3%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
20
Reduced
17
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$15.3M +$84.5K +3,582 +0.6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$12.2M +$1.54M +65,089 +17%
Renaissance Technologies
3
Renaissance Technologies
New York
$6.92M +$710K +30,100 +13%
PRCP
4
Pacific Ridge Capital Partners
Oregon
$4.69M +$680K +28,813 +19%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$4.58M +$842K +35,676 +26%
State Street
6
State Street
Massachusetts
$4.53M +$161K +6,809 +4%
SFG
7
Summit Financial Group
West Virginia
$3.91M -$155K -6,578 -4%
Northern Trust
8
Northern Trust
Illinois
$3.2M +$33.8K +1,432 +1%
ROC
9
River Oaks Capital
Minnesota
$2.92M +$248K +10,500 +11%
PH
10
Pinnacle Holdings
Oklahoma
$2.74M -$49.9K -2,114 -2%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$2.52M +$213K +9,023 +10%
VCA
12
Verdence Capital Advisors
Maryland
$2.34M
GJL
13
Gendell Jeffrey L
$2.16M -$45.4K -1,923 -2%
ACM
14
Argent Capital Management
Missouri
$1.84M +$590K +25,010 +56%
KCM
15
Kennedy Capital Management
Missouri
$1.65M -$1.55M -65,597 -51%
BCM
16
Bridgeway Capital Management
Texas
$1.45M
Bank of New York Mellon
17
Bank of New York Mellon
New York
$1.34M +$69K +2,923 +6%
LSV Asset Management
18
LSV Asset Management
Illinois
$1.3M -$63.7K -2,700 -5%
HIM
19
Hillsdale Investment Management
Ontario, Canada
$1.26M +$1.12M +47,600 New
Fifth Third Bancorp
20
Fifth Third Bancorp
Ohio
$1.26M -$92.6K -3,925 -8%
Charles Schwab
21
Charles Schwab
California
$669K -$89.5K -3,795 -13%
Wells Fargo
22
Wells Fargo
California
$595K +$126K +5,333 +31%
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$594K
Deutsche Bank
24
Deutsche Bank
Germany
$589K +$179K +7,567 +51%
CIC
25
Cornercap Investment Counsel
Georgia
$577K -$483K -20,458 -48%

SMMF Hedge Fund Activity: Q1 2019 in Review

60 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q1 2019, worth a combined $88.5M — up 42% from $62.2M a quarter earlier.

Fund positioning in SMMF was balanced in Q1 2019: 7 funds opened new positions, 7 closed out, 20 added to existing stakes and 17 trimmed.

The largest buyer was Vanguard Group, adding an estimated $1.54M. The largest seller was Kennedy Capital Management, cutting an estimated $1.55M.

  • 60 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q1 2019, unchanged from Q4 2018.
  • Funds reported $88.5M of Summit Financial Group, Inc. stock for Q1 2019, up 42% quarter-over-quarter.
  • 7 funds opened new Summit Financial Group, Inc. positions in Q1 2019 and 7 closed out, a net change of 0 holders.
  • The largest Summit Financial Group, Inc. buyer in Q1 2019 was Vanguard Group, an estimated $1.54M added.
  • The largest Summit Financial Group, Inc. seller in Q1 2019 was Kennedy Capital Management, an estimated $1.55M sold.

Based on aggregated 13F filings for Q1 2019.