Southside Bancshares
SBSI
116 hedge funds and large institutions have $388M invested in Southside Bancshares in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 41 increasing their positions, 39 reducing their positions, and 16 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 39
1.96% less ownership
Funds ownership: 50.09% → 48.13% (-2%)
9% less funds holding
Funds holding: 127 → 116 (-11)
15% less capital invested
Capital invested by funds: $458M → $388M (-$70M)
63% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 16
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$2.11M |
| 2 |
ProShare Advisors
Bethesda,
Maryland
|
+$769K |
| 3 |
DTL
Dynamic Technology Lab
Singapore
|
+$712K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$696K |
| 5 |
TAM
Third Avenue Management
New York
|
+$643K |
Top Sellers
| 1 |
Millennium Management
New York
|
-$5.58M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$3.87M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.89M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.87M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Rafferty Asset Management
New York
| – | -$204K | -7,343 | Closed |
|
127
Jane Street
New York
| – | -$202K | -7,281 | Closed |
|
|
LIA
128
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$27K | -974 | Closed |
|
|
QT
129
Quantbot Technologies
New York
| – | -$11K | -400 | Closed |
|
|
CAN
130
Cetera Advisor Networks
El Segundo,
California
| – | -$9K | -327 | Closed |
|
|
OPS
131
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$2K | -66 | Closed |
|
SBSI Hedge Fund Activity: Q3 2020 in Review
116 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Southside Bancshares (SBSI) for Q3 2020, worth a combined $388M — down 15% from $458M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SBSI and 6 opened new positions — a net loss of 10 holders — while 39 trimmed existing stakes and 41 added.
The largest buyer was Invesco, adding an estimated $2.11M. The largest seller was Millennium Management, cutting an estimated $5.58M.
- 116 institutional investors held Southside Bancshares (SBSI) as of Q3 2020, down from 127 in Q2 2020.
- Funds reported $388M of Southside Bancshares stock for Q3 2020, down 15% quarter-over-quarter.
- 6 funds opened new Southside Bancshares positions in Q3 2020 and 16 closed out, a net change of -10 holders.
- The largest Southside Bancshares buyer in Q3 2020 was Invesco, an estimated $2.11M added.
- The largest Southside Bancshares seller in Q3 2020 was Millennium Management, an estimated $5.58M sold.
Based on aggregated 13F filings for Q3 2020.