SUMMIT FINL GROUP INC
COM · CUSIP 86606G101
91
institutional holders
+3 vs Q4 2023
5.4m
shares reported held*
$147.8mreported value*
10 new
27 added
25 reduced
7 sold out
net bought ≈ $4.9m (+181.4k 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 ($3.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.16. Options: 1 managers hold calls ($0 notional), 2 hold puts ($2.7k).
Trends to Q1 2024
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 |
| Q4 2023 | 88 |
| Q1 2024 | 91 |
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 |
| Q4 2023 | 49 | 20 |
| Q1 2024 | 37 | 32 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $0 | $0 | — |
| Q3 2023 | $0 | $0 | — |
| Q4 2023 | $0 | $0 | — |
| Q1 2024 | $0 | $2.7k | — |
Biggest buyers
| Empowered Funds, LLC | Added | +60.1k |
| AMERICAN CENTURY COMPANIES INC | Added | +40.4k |
| CSS LLC/IL | Added | +37.9k |
| DIMENSIONAL FUND ADVISORS LP | Added | +31.9k |
| ROYCE & ASSOCIATES LP | Added | +27.7k |
| Invesco Ltd. | Added | +24.0k |
| OMERS ADMINISTRATION Corp | Added | +21.6k |
| STATE STREET CORP | Added | +20.3k |
| JPMORGAN CHASE & CO | Added | +16.2k |
| Quadrature Capital Ltd | New | +15.7k |
Biggest sellers
| BlackRock Inc. | Reduced | -42.1k |
| EJF Capital LP | Reduced | -25.8k |
| Fourthstone LLC | Reduced | -20.2k |
| ACADIAN ASSET MANAGEMENT LLC | Sold out | -16.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -15.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Sold out | -13.8k |
| Virtu Financial LLC | Sold out | -12.5k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -11.8k |
| Raymond James Financial Services Advisors, Inc. | Reduced | -10.8k |
| BANK OF AMERICA CORP /DE/ | Reduced | -9.1k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| GROUP ONE TRADING LLC | New | $2.7k100 shares |
| 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 838.8k $22.8m | Reduced -42.1k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 695.2k $18.9m | Added +31.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 577.2k $15.7m | Added +8.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 255.3k $6.9m | Added +5.4k |
| STATE STREET CORP 0.00% of their portfolio | 237.5k $6.5m | Added +20.3k |
| Summit Financial Group, Inc. 2.12% of their portfolio | 219.4k $6.0m | Added +9.9k |
| Fourthstone LLC 1.90% of their portfolio | 214.5k $5.8m | Reduced -20.2k |
| ROYCE & ASSOCIATES LP 0.04% of their portfolio | 171.2k $4.6m | Added +27.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 167.2k $4.5m | Reduced -2.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 139.1k $3.8m | Added +40.4k |
| EJF Capital LP 2.31% of their portfolio | 122.2k $3.3m | Reduced -25.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 121.4k $3.3m | Added +4.2k |
| Skandinaviska Enskilda Banken AB (publ) 0.02% of their portfolio | 113.4k $3.1m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 113.0k $3.1m | Reduced -6.6k |
| Empowered Funds, LLC 0.03% of their portfolio | 111.8k $3.0m | Added +60.1k |
| MORGAN STANLEY 0.00% of their portfolio | 96.8k $2.6m | Added +14.4k |
| Verdence Capital Advisors LLC 0.21% of their portfolio | 86.3k $2.3m | Unchanged |
| Pinnacle Holdings, LLC 0.94% of their portfolio | 86.0k $2.3m | Reduced -451 |
| CSS LLC/IL 0.17% of their portfolio | 79.3k $2.2m | Added +37.9k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.06% of their portfolio | 75.2k $2.0m | Added +13.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 68.9k $1.9m | Reduced -2.8k |
| AA Financial Advisors, LLC 0.68% of their portfolio | 61.8k $1.7m | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 61.5k $1.7m | Unchanged |
| OMERS ADMINISTRATION Corp 0.02% of their portfolio | 56.6k $1.5m | Added +21.6k |
| AXXCESS WEALTH MANAGEMENT, LLC 0.04% of their portfolio | 53.2k $1.4m | Added +343 |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 45.4k $1.2m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 44.1k $1.2m | Added +24.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 38.1k $1.0m | Added +16.2k |
| Yakira Capital Management, Inc. 0.34% of their portfolio | 36.2k $983.0k | Unchanged |
| LSV ASSET MANAGEMENT 0.00% of their portfolio | 32.7k $888.0k | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 31.9k $865.8k | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 29.7k $805.9k | Reduced -11.8k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 26.8k $727.5k | Unchanged |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.04% of their portfolio | 25.9k $704.4k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 24.3k $660.3k | Reduced -7.6k |
| OXFORD ASSET MANAGEMENT LLP 0.68% of their portfolio | 23.3k $633.8k | Added +11.7k |
| PHILADELPHIA TRUST CO 0.04% of their portfolio | 19.5k $531.0k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 17.6k $476.8k | Added +698 |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 17.5k $475.5k | Reduced -10.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 17.1k $463.2k | Reduced -2.7k |
| Quadrature Capital Ltd 0.01% of their portfolio | 15.7k $427.4k | New |
| LPL Financial LLC 0.00% of their portfolio | 15.6k $424.1k | Added +64 |
| Polar Asset Management Partners Inc. 0.01% of their portfolio | 15.1k $411.3k | New |
| MARTINGALE ASSET MANAGEMENT L P 0.01% of their portfolio | 14.0k $380.2k | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 13.6k $369.0k | Added +798 |
| TCTC Holdings, LLC 0.01% of their portfolio | 12.5k $339.5k | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 12.2k $331.4k | New |
| UBS Group AG 0.00% of their portfolio | 12.0k $325.0k | Reduced -845 |
| FOLGER NOLAN FLEMING DOUGLAS CAPITAL MANAGEMENT, INC 0.03% of their portfolio | 10.9k $296.0k | Reduced -797 |
| Jentner Corp 0.10% of their portfolio | 10.8k $293.6k | Added +69 |
| BUCKINGHAM STRATEGIC WEALTH, LLC 0.00% of their portfolio | 10.2k $277.0k | Unchanged |
| BURNEY CO/ 0.01% of their portfolio | 9.6k $259.4k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 9.5k $258.8k | Added +100 |
| Baird Financial Group, Inc. 0.00% of their portfolio | 9.5k $258.0k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 8.9k $242.0k | Added +505 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 8.4k $227.5k | Reduced -9.1k |
| NTV Asset Management LLC 0.03% of their portfolio | 8.3k $226.1k | Unchanged |
| TIAA TRUST, NATIONAL ASSOCIATION 0.00% of their portfolio | 8.3k $225.2k | New |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 8.2k $221.8k | Reduced -844 |
| LINCOLN NATIONAL CORP 0.00% of their portfolio | 8.1k $219.7k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 7.2k $195.0k | Reduced -4.9k |
| Ceeto Capital Group, LLC 0.08% of their portfolio | 7.0k $190.0k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 6.7k $180.8k | Added +48 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 6.4k $173.4k | Reduced -6.9k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 5.5k $149.7k | Reduced -47 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 5.3k $143.7k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 5.1k $138.6k | Unchanged |
| Hillsdale Investment Management Inc. 0.01% of their portfolio | 4.6k $124.9k | Reduced -1.5k |
| Pinnacle Financial Partners Inc 0.00% of their portfolio | 4.5k $121.6k | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 3.9k $107.0k | Reduced -2.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 3.9k $104.8k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 3.0k $82.7k | Unchanged |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC 0.02% of their portfolio | 2.6k $70.1k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 2.6k $69.6k | Added +720 |
| CITIGROUP INC 0.00% of their portfolio | 2.4k $65.5k | Added +605 |
| FIRST UNITED BANK & TRUST 0.02% of their portfolio | 2.3k $62.1k | Unchanged |
| HHM Wealth Advisors, LLC 0.00% of their portfolio | 1.1k $30.2k | Unchanged |
| FMR LLC 0.00% of their portfolio | 999 $27.1k | Added +28 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 955 $25.9k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 888 $24.0k | Unchanged |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 779 $21.0k | Reduced -45 |
| CITY HOLDING CO 0.00% of their portfolio | 600 $16.3k | Unchanged |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 595 $16.2k | Reduced -225 |
| AMALGAMATED BANK 0.00% of their portfolio | 396 $11.0k | Reduced -598 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 230 $6.2k | Reduced -262 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 101 $2.8k | Unchanged |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 100 $2.7k | New |
| Covestor Ltd 0.00% of their portfolio | 40 $1.0k | Reduced -7 |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 25 $679 | Unchanged |
| CWM, LLC 0.00% of their portfolio | 4 $0 | New |
| Avior Wealth Management, LLC 0.00% of their portfolio | 2 $54 | New |