Summit Financial Group, Inc.
SMMF
SMMF was delisted on the 2nd of May, 2024.
71 hedge funds and large institutions have $96.8M invested in Summit Financial Group, Inc. in 2022 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
11% more funds holding
Funds holding: 64 → 71 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 21
5% less capital invested
Capital invested by funds: $102M → $96.8M (-$4.86M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.01M |
| 2 |
SFG
Summit Financial Group
Moorefield,
West Virginia
|
+$536K |
| 3 |
Millennium Management
New York
|
+$468K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
+$456K |
| 5 |
ROC
River Oaks Capital
Wayzata,
Minnesota
|
+$346K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$1.39M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$856K |
| 3 |
JP Morgan Chase
New York
|
-$269K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$203K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$168K |
SMMF Hedge Fund Activity: Q1 2022 in Review
71 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Summit Financial Group, Inc. (SMMF) for Q1 2022, worth a combined $96.8M — down 4.8% from $102M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SMMF positions and 1 closed out — a net gain of 7 holders — while 20 added to existing stakes and 21 trimmed.
The largest buyer was EJF Capital, opening a new position worth an estimated $2.01M. The largest seller was Fourthstone LLC, cutting an estimated $1.39M.
- 71 institutional investors held Summit Financial Group, Inc. (SMMF) as of Q1 2022, up from 64 in Q4 2021.
- Funds reported $96.8M of Summit Financial Group, Inc. stock for Q1 2022, down 4.8% quarter-over-quarter.
- 8 funds opened new Summit Financial Group, Inc. positions in Q1 2022 and 1 closed out, a net change of +7 holders.
- The largest Summit Financial Group, Inc. buyer in Q1 2022 was EJF Capital, an estimated $2.01M added.
- The largest Summit Financial Group, Inc. seller in Q1 2022 was Fourthstone LLC, an estimated $1.39M sold.
Based on aggregated 13F filings for Q1 2022.