Southside Bancshares
SBSI
145 hedge funds and large institutions have $556M invested in Southside Bancshares in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 50 increasing their positions, 51 reducing their positions, and 9 closing their positions.
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
6% more funds holding
Funds holding: 137 → 145 (+8)
3.6% more ownership
Funds ownership: 49.8% → 53.4% (+3.6%)
2% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 51
3% less capital invested
Capital invested by funds: $575M → $556M (-$18.8M)
46% less call options, than puts
Call options by funds: $27K | Put options by funds: $50K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Kestrel Investment Management
San Mateo,
California
|
+$3.71M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$2.97M |
| 3 |
Millennium Management
New York
|
+$2.56M |
| 4 |
JP Morgan Chase
New York
|
+$2.41M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$9.38M |
| 2 |
BlackRock
New York
|
-$2.6M |
| 3 |
Renaissance Technologies
New York
|
-$2.51M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.73M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.34M |
SBSI Hedge Fund Activity: Q1 2023 in Review
145 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Southside Bancshares (SBSI) for Q1 2023, worth a combined $556M — down 3.3% from $575M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SBSI positions and 9 closed out — a net gain of 10 holders — while 50 added to existing stakes and 51 trimmed.
The largest buyer was Kestrel Investment Management, opening a new position worth an estimated $3.71M. The largest seller was Victory Capital Management, cutting an estimated $9.38M.
- 145 institutional investors held Southside Bancshares (SBSI) as of Q1 2023, up from 137 in Q4 2022.
- Funds reported $556M of Southside Bancshares stock for Q1 2023, down 3.3% quarter-over-quarter.
- 19 funds opened new Southside Bancshares positions in Q1 2023 and 9 closed out, a net change of +10 holders.
- The largest Southside Bancshares buyer in Q1 2023 was Kestrel Investment Management, an estimated $3.71M added.
- The largest Southside Bancshares seller in Q1 2023 was Victory Capital Management, an estimated $9.38M sold.
Based on aggregated 13F filings for Q1 2023.