Southside Bancshares
SBSI
127 hedge funds and large institutions have $458M invested in Southside Bancshares in 2020 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 31 increasing their positions, 51 reducing their positions, and 12 closing their positions.
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
9% more funds holding
Funds holding: 116 → 127 (+11)
2.99% less ownership
Funds ownership: 53.08% → 50.09% (-3%)
16% less capital invested
Capital invested by funds: $546M → $458M (-$87.6M)
39% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$3.96M |
| 2 |
Millennium Management
New York
|
+$3.27M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.55M |
| 4 |
Squarepoint
New York
|
+$1.34M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$16.6M |
| 2 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$16.2M |
| 3 |
HI
Handelsinvest Investeringsforvaltning
Herning,
Denmark
|
-$5.47M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$5.01M |
| 5 |
BlackRock
New York
|
-$3.47M |
SBSI Hedge Fund Activity: Q2 2020 in Review
127 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Southside Bancshares (SBSI) for Q2 2020, worth a combined $458M — down 16% from $546M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SBSI positions and 12 closed out — a net gain of 12 holders — while 31 added to existing stakes and 51 trimmed.
The largest buyer was Maltese Capital Management, opening a new position worth an estimated $3.96M. The largest seller was Invesco, cutting an estimated $16.6M.
- 127 institutional investors held Southside Bancshares (SBSI) as of Q2 2020, up from 116 in Q1 2020.
- Funds reported $458M of Southside Bancshares stock for Q2 2020, down 16% quarter-over-quarter.
- 24 funds opened new Southside Bancshares positions in Q2 2020 and 12 closed out, a net change of +12 holders.
- The largest Southside Bancshares buyer in Q2 2020 was Maltese Capital Management, an estimated $3.96M added.
- The largest Southside Bancshares seller in Q2 2020 was Invesco, an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2020.