SUMMIT FINL GROUP INC
COM · CUSIP 86606G101
75
institutional holders
+0 vs Q2 2023
4.2m
shares reported held*
$94.0mreported value*
10 new
21 added
23 reduced
9 sold out
net bought ≈ $2.3m (+101.2k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.54. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 74 |
| Q4 2022 | 71 |
| Q1 2023 | 71 |
| Q2 2023 | 75 |
| Q3 2023 | 75 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 32 | 25 |
| Q1 2023 | 37 | 25 |
| Q2 2023 | 42 | 25 |
| Q3 2023 | 31 | 32 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $0 | $0 | — |
| Q1 2023 | $0 | $222.0k | — |
| Q2 2023 | $0 | $0 | — |
| Q3 2023 | $0 | $0 | — |
Biggest buyers
| EJF Capital LP | New | +124.4k |
| ROYCE & ASSOCIATES LP | New | +108.0k |
| BOOTHBAY FUND MANAGEMENT, LLC | New | +60.9k |
| DIMENSIONAL FUND ADVISORS LP | Added | +32.1k |
| EMERALD MUTUAL FUND ADVISERS TRUST | New | +25.9k |
| STIFEL FINANCIAL CORP | New | +14.4k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +12.7k |
| BURNEY CO/ | New | +9.6k |
| Baird Financial Group, Inc. | New | +9.5k |
| MARSHALL WACE, LLP | New | +9.1k |
Biggest sellers
| River Oaks Capital LLC | Reduced | -107.7k |
| BlackRock Inc. | Reduced | -45.6k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -25.7k |
| LPL Financial LLC | Reduced | -23.2k |
| STRS OHIO | Sold out | -16.9k |
| Pacific Ridge Capital Partners, LLC | Sold out | -15.7k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -12.6k |
| BANK OF MONTREAL /CAN/ | Sold out | -12.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -11.3k |
| Pinnacle Holdings, LLC | Reduced | -10.0k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 765.5k $17.3m | Reduced -45.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 563.5k $12.7m | Added +1.1k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 374.9k $8.4m | Added +32.1k |
| Summit Financial Group, Inc. 2.31% of their portfolio | 244.2k $5.5m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 239.3k $5.4m | Added +12.7k |
| STATE STREET CORP 0.00% of their portfolio | 209.4k $4.7m | Added +1.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 170.0k $3.8m | Reduced -700 |
| EJF Capital LP 1.23% of their portfolio | 124.4k $2.8m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 115.3k $2.6m | Added +1.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 112.6k $2.5m | Added +3.8k |
| ROYCE & ASSOCIATES LP 0.02% of their portfolio | 108.0k $2.4m | New |
| Pinnacle Holdings, LLC 0.91% of their portfolio | 86.5k $1.9m | Reduced -10.0k |
| Verdence Capital Advisors LLC 0.21% of their portfolio | 86.3k $1.9m | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 71.8k $1.6m | Added +2.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 65.3k $1.5m | Reduced -12.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 61.5k $1.4m | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio | 60.9k $1.4m | New |
| AXXCESS WEALTH MANAGEMENT, LLC 0.04% of their portfolio | 50.9k $1.1m | Added +450 |
| Empowered Funds, LLC 0.03% of their portfolio | 47.1k $1.1m | Added +3.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 46.4k $1.0m | Reduced -89 |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 45.4k $1.0m | Reduced -2.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 40.8k $919.3k | Added +600 |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 32.7k $737.0k | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 31.8k $716.9k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 28.2k $636.0k | Reduced -4.0k |
| River Oaks Capital LLC 0.88% of their portfolio | 26.4k $594.7k | Reduced -107.7k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.04% of their portfolio | 25.9k $584.6k | New |
| Fourthstone LLC 0.11% of their portfolio | 22.3k $502.8k | Added +1.8k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 20.5k $461.8k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 19.8k $446.9k | Reduced -6.4k |
| PHILADELPHIA TRUST CO 0.05% of their portfolio | 19.5k $441.0k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 17.0k $382.2k | Added +79 |
| LPL Financial LLC 0.00% of their portfolio | 16.3k $366.5k | Reduced -23.2k |
| MARTINGALE ASSET MANAGEMENT L P 0.01% of their portfolio | 15.7k $353.8k | Reduced -6.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 15.7k $353.4k | Reduced -7.8k |
| Invesco Ltd. 0.00% of their portfolio | 15.0k $338.4k | Added +96 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 14.4k $324.8k | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 13.8k $312.0k | Unchanged |
| TCTC Holdings, LLC 0.01% of their portfolio | 12.5k $281.8k | Unchanged |
| FOLGER NOLAN FLEMING DOUGLAS CAPITAL MANAGEMENT, INC 0.03% of their portfolio | 11.8k $265.0k | Reduced -1.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 11.3k $253.0k | Added +712 |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 10.8k $246.9k | Added +7 |
| Jentner Corp 0.15% of their portfolio | 10.6k $240.0k | Added +90 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 10.3k $231.9k | Reduced -4.4k |
| BUCKINGHAM STRATEGIC WEALTH, LLC 0.00% of their portfolio | 10.2k $229.9k | Unchanged |
| BURNEY CO/ 0.01% of their portfolio | 9.6k $215.3k | New |
| Baird Financial Group, Inc. 0.00% of their portfolio | 9.5k $214.1k | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 9.1k $205.9k | New |
| Pinnacle Financial Partners Inc 0.01% of their portfolio | 9.0k $203.2k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 7.7k $174.0k | Reduced -4.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 7.6k $171.1k | Reduced -1.3k |
| Ceeto Capital Group, LLC 0.08% of their portfolio | 7.0k $158.0k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 6.7k $151.3k | Added +296 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 6.6k $148.6k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 5.7k $128.1k | Added +1.6k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 5.6k $125.8k | Added +199 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 5.1k $115.0k | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 4.9k $111.0k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 3.9k $86.9k | Reduced -4.0k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 3.0k $68.6k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 2.5k $57.1k | Added +2.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 2.5k $55.6k | Reduced -1.3k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 2.0k $45.0k | Reduced -1.4k |
| AMALGAMATED BANK 0.00% of their portfolio | 1.1k $25.0k | Unchanged |
| HHM Wealth Advisors, LLC 0.00% of their portfolio | 1.1k $25.0k | Unchanged |
| FMR LLC 0.00% of their portfolio | 990 $22.3k | Reduced -6 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 955 $21.5k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 888 $20.0k | Reduced -191 |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 815 $18.4k | Added +284 |
| CITY HOLDING CO 0.00% of their portfolio | 600 $13.5k | Unchanged |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 249 $5.6k | New |
| CITIGROUP INC 0.00% of their portfolio | 116 $2.6k | Reduced -3.2k |
| Covestor Ltd 0.00% of their portfolio | 103 $2.0k | Reduced -32 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 101 $2.3k | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 25 $564 | Unchanged |