undamentalytics Newsletter

Smartfinancial Inc.: which funds bought and sold

Institutions that bought and sold Smartfinancial shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 111 institutions that filed 13F reports for both quarters added to or opened positions in Smartfinancial, and 54 cut or closed them. Together they added a net 612K shares, +5.7% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 345K shares (+10.9%); index fund managers were net buyers of 258K shares (+7.9%). 25 opened a new position and 14 sold out entirely.

Bought, Q2 2026 111 institutions, 25 of them new holders Sold, Q2 2026 54 institutions, 14 of them sold out
Net change, all compared +612K shares (+5.7%)
Net change, active managers +345K shares (+10.9%), 23 bought, 13 sold

Buyers versus sellers

institutions compared, 197
Active managers and hedge funds 23 bought · 13 sold · +345K
Index fund managers 8 bought · 2 sold · +258K
Other institutions 80 bought · 39 sold · +9,515

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
First Eagle Investment Management, LLC Active manager +415K +185.1% 639K $30M
Blackrock, Inc. Index funds +184K +14.3% 1.5M $68.9M
American Century Companies Inc Active manager +77K +20.7% 449K $21.1M
Acadian Asset Management LLC Active manager +62K +21.9% 346K $16.3M
Trexquant Investment LP Hedge fund +39K +168.2% 62K $2.9M
Geode Capital Management, LLC Index funds +26K +7.3% 381K $17.9M
Rather & Kittrell, Inc. +21K +111.3% 41K $1.9M
Vanguard Portfolio Management LLC Index funds +19K +16.7% 131K $6.1M
Two Sigma Investments, LP Hedge fund +19K +10.9% 188K $8.8M
State Street Corp Index funds +17K +3.8% 457K $21.4M
Nuveen, LLC +16K +16.3% 113K $5.3M
FMR LLC Active manager +15K +258.9% 21K $980,218
Cambridge Investment Research Advisors, Inc. +15K +100.4% 29K $1.4M
Arrowstreet Capital, Limited Partnership Hedge fund +13K +26.6% 64K $3M
AQR Capital Management LLC Hedge fund +13K +26.8% 63K $3M
Quantinno Capital Management LP +13K +64.0% 34K $1.6M
Citadel Advisors LLC Hedge fund +13K +130.7% 23K $1.1M
Csm Advisors, LLC +13K +7.5% 184K $8.6M
Morgan Stanley +12K +7.0% 183K $8.6M
Martingale Asset Management L P Active manager +12K +21.5% 65K $3.1M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Qube Research & Technologies Ltd Hedge fund −105K −92.1% 9,031 $423,735
Wellington Management Group LLP Active manager −81K −12.0% 594K $27.9M
Deprince Race & Zollo Inc Active manager −63K −49.3% 65K $3M
Banc Funds Co LLC −52K −35.0% 98K $4.6M
Goldman Sachs Group Inc −49K −38.0% 81K $3.8M
Tudor Investment Corp Et Al Hedge fund −46K Sold out 0 —
Russell Investments Group, Ltd. −24K −23.5% 79K $3.7M
Millennium Management LLC Hedge fund −23K −24.6% 70K $3.3M
Kennedy Capital Management LLC Active manager −12K −52.1% 11K $533,152
Newedge Advisors, LLC −12K −41.8% 17K $804,200
Y-Intercept (Hong Kong) Ltd −11K −54.5% 9,226 $432,884
Point72 Asset Management, L.P. Hedge fund −11K Sold out 0 —
Susquehanna International Group, LLP −8,830 Sold out 0 —
Polymer Capital Management (US) LLC −7,907 Sold out 0 —
Connor, Clark & Lunn Investment Management Ltd. −7,267 −7.8% 86K $4.1M
HRT Financial LP −6,984 −42.8% 9,317 $437,000
Algert Global LLC Hedge fund −6,479 Sold out 0 —
Tennessee Valley Asset Management Partners −6,261 Sold out 0 —
Varcov Co. −6,193 Sold out 0 —
D. E. Shaw & Co., Inc. Hedge fund −5,840 −13.7% 37K $1.7M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Xtx Topco Ltd 11K $523,017
Sequoia Financial Advisors, LLC 7,915 $371,372
Quadrature Capital LtdHedge fund 7,178 $336,792
Semanteon Capital Management, LP 5,356 $251,304
Gsa Capital Partners LLP 5,105 $240,000
Manufacturers Life Insurance Company, The 4,759 $223,292
Schonfeld Strategic Advisors LLCHedge fund 4,686 $219,865
State Board Of Administration Of Florida Retirement System 4,520 $212,078
Summit Global Investments 4,509 $212,000
Diversified Trust Co 4,387 $205,838

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Tudor Investment Corp Et AlHedge fund 46K $1.8M
Point72 Asset Management, L.P.Hedge fund 11K $420,735
Susquehanna International Group, LLP 8,830 $345,076
Polymer Capital Management (US) LLC 7,907 $309,006
Algert Global LLCHedge fund 6,479 $253,199
Tennessee Valley Asset Management Partners 6,261 $244,680
Varcov Co. 6,193 $242,022
Jane Street Group, LLC 5,284 $206,499
Jacobs Levy Equity Management, IncActive manager 5,267 $205,834
Advisory Services Network, LLC 679 $26,535

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
183
Ten largest holders
55.0%
of 13F-reported shares
Index fund managers
30.8%
of 13F-reported shares
Active managers and hedge funds
30.8%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 23 13 2 4 +345K +10.9%
Index fund managers 8 2 0 0 +258K +7.9%
Other institutions 80 39 23 10 +9,515 +0.2%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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