Southside Bancshares
SBSI
125 hedge funds and large institutions have $499M invested in Southside Bancshares in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 52 increasing their positions, 35 reducing their positions, and 16 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 35
3.02% more ownership
Funds ownership: 50.25% → 53.27% (+3%)
5% less capital invested
Capital invested by funds: $527M → $499M (-$27.8M)
6% less funds holding
Funds holding: 133 → 125 (-8)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$117M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$8.89M |
| 4 |
State Street
Boston,
Massachusetts
|
+$8.64M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$11.8M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$3.26M |
| 3 |
Morgan Stanley
New York
|
-$3.25M |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$2.63M |
| 5 |
MCM
Matarin Capital Management
New York
|
-$2.57M |
SBSI Hedge Fund Activity: Q1 2017 in Review
125 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Southside Bancshares (SBSI) for Q1 2017, worth a combined $499M — down 5.3% from $527M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SBSI and 13 opened new positions — a net loss of 3 holders — while 35 trimmed existing stakes and 52 added.
The largest buyer was BlackRock, adding an estimated $117M. The largest seller was Millennium Management, cutting an estimated $11.8M.
- 125 institutional investors held Southside Bancshares (SBSI) as of Q1 2017, down from 133 in Q4 2016.
- Funds reported $499M of Southside Bancshares stock for Q1 2017, down 5.3% quarter-over-quarter.
- 13 funds opened new Southside Bancshares positions in Q1 2017 and 16 closed out, a net change of -3 holders.
- The largest Southside Bancshares buyer in Q1 2017 was BlackRock, an estimated $117M added.
- The largest Southside Bancshares seller in Q1 2017 was Millennium Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q1 2017.