Southside Bancshares
SBSI
104 hedge funds and large institutions have $262M invested in Southside Bancshares in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 38 reducing their positions, and 12 closing their positions.
13% more capital invested
Capital invested by funds: $232M → $262M (+$29.9M)
8% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 38
2% less funds holding
Funds holding: 106 → 104 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
47% less call options, than puts
Call options by funds: $1.62M | Put options by funds: $3.06M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$14.4M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$5.95M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
+$3.9M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$3.9M |
| 5 |
OC
Oppenheimer & Co
New York
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$13.4M |
| 2 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$3.84M |
| 3 |
HHC
Hutchin Hill Capital
New York
|
-$2.89M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$2.63M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.37M |
SBSI Hedge Fund Activity: Q3 2014 in Review
104 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Southside Bancshares (SBSI) for Q3 2014, worth a combined $262M — up 13% from $232M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SBSI and 10 opened new positions — a net loss of 2 holders — while 38 trimmed existing stakes and 35 added.
The largest buyer was State Street, adding an estimated $14.4M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $13.4M sold.
- 104 institutional investors held Southside Bancshares (SBSI) as of Q3 2014, down from 106 in Q2 2014.
- Funds reported $262M of Southside Bancshares stock for Q3 2014, up 13% quarter-over-quarter.
- 10 funds opened new Southside Bancshares positions in Q3 2014 and 12 closed out, a net change of -2 holders.
- The largest Southside Bancshares buyer in Q3 2014 was State Street, an estimated $14.4M added.
- The largest Southside Bancshares seller in Q3 2014 was Allianz Asset Management, an estimated $13.4M sold.
Based on aggregated 13F filings for Q3 2014.