Southside Bancshares
SBSI
124 hedge funds and large institutions have $503M invested in Southside Bancshares in 2020 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 38 increasing their positions, 44 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
30% more capital invested
Capital invested by funds: $388M → $503M (+$115M)
7% more funds holding
Funds holding: 116 → 124 (+8)
0.98% more ownership
Funds ownership: 48.13% → 49.12% (+0.98%)
14% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.45M |
| 2 |
Millennium Management
New York
|
+$4.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.11M |
| 4 |
JP Morgan Chase
New York
|
+$1.05M |
| 5 |
TAM
Third Avenue Management
New York
|
+$907K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$3.03M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.57M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.17M |
| 4 |
Squarepoint
New York
|
-$948K |
| 5 |
Bank of New York Mellon
New York
|
-$694K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HF
126
HRT Financial
New York
| – | -$380K | -15,584 | Closed |
|
|
SFI
127
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
| – | -$364K | -14,903 | Closed |
|
128
Two Sigma Investments
New York
| – | -$226K | -9,232 | Closed |
|
|
GT
129
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$47K | -1,993 | Closed |
|
130
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$22K | -900 | Closed |
|
|
LF
131
Lee Financial
Dallas,
Texas
| – | -$11K | -430 | Closed |
|
|
S
132
SignatureFD
Atlanta,
Georgia
| – | -$7K | -275 | Closed |
|
|
PCG
133
Private Capital Group
West Hartford,
Connecticut
| – | -$173 | -6 | -40% |
|
|
FGAM
134
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$29 | +1 | New |
|
SBSI Hedge Fund Activity: Q4 2020 in Review
124 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Southside Bancshares (SBSI) for Q4 2020, worth a combined $503M — up 30% from $388M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SBSI positions and 10 closed out — a net gain of 8 holders — while 38 added to existing stakes and 44 trimmed.
The largest buyer was BlackRock, adding an estimated $5.45M. The largest seller was Renaissance Technologies, cutting an estimated $3.03M.
- 124 institutional investors held Southside Bancshares (SBSI) as of Q4 2020, up from 116 in Q3 2020.
- Funds reported $503M of Southside Bancshares stock for Q4 2020, up 30% quarter-over-quarter.
- 18 funds opened new Southside Bancshares positions in Q4 2020 and 10 closed out, a net change of +8 holders.
- The largest Southside Bancshares buyer in Q4 2020 was BlackRock, an estimated $5.45M added.
- The largest Southside Bancshares seller in Q4 2020 was Renaissance Technologies, an estimated $3.03M sold.
Based on aggregated 13F filings for Q4 2020.