Southside Bancshares
SBSI
116 hedge funds and large institutions have $542M invested in Southside Bancshares in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 39 increasing their positions, 49 reducing their positions, and 9 closing their positions.
1.56% less ownership
Funds ownership: 54.3% → 52.75% (-1.6%)
3% less funds holding
Funds holding: 120 → 116 (-4)
20% less capital invested
Capital invested by funds: $681M → $542M (-$139M)
20% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 49
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$2.91M |
| 2 |
Goldman Sachs
New York
|
+$2.83M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$2.72M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.87M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$590K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$7.18M |
| 2 |
BlackRock
New York
|
-$3.17M |
| 3 |
Morgan Stanley
New York
|
-$2.69M |
| 4 |
TAM
Third Avenue Management
New York
|
-$1.98M |
| 5 |
Renaissance Technologies
New York
|
-$1.72M |
SBSI Hedge Fund Activity: Q1 2020 in Review
116 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Southside Bancshares (SBSI) for Q1 2020, worth a combined $542M — down 20% from $681M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SBSI and 7 opened new positions — a net loss of 2 holders — while 49 trimmed existing stakes and 39 added.
The largest buyer was State Street, adding an estimated $2.91M. The largest seller was Millennium Management, cutting an estimated $7.18M.
- 116 institutional investors held Southside Bancshares (SBSI) as of Q1 2020, down from 120 in Q4 2019.
- Funds reported $542M of Southside Bancshares stock for Q1 2020, down 20% quarter-over-quarter.
- 7 funds opened new Southside Bancshares positions in Q1 2020 and 9 closed out, a net change of -2 holders.
- The largest Southside Bancshares buyer in Q1 2020 was State Street, an estimated $2.91M added.
- The largest Southside Bancshares seller in Q1 2020 was Millennium Management, an estimated $7.18M sold.
Based on aggregated 13F filings for Q1 2020.