SouthState Bank Corp
SSB
376 hedge funds and large institutions have $5.19B invested in SouthState Bank Corp in 2024 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 133 increasing their positions, 117 reducing their positions, and 34 closing their positions.
44% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 34
14% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 117
3% more funds holding
Funds holding: 364 → 376 (+12)
1.15% more ownership
Funds ownership: 87.91% → 89.06% (+1.2%)
9% less capital invested
Capital invested by funds: $5.7B → $5.19B (-$513M)
64% less call options, than puts
Call options by funds: $1.42M | Put options by funds: $3.94M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$28.8M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$17M |
| 3 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$14.4M |
| 4 |
Goldman Sachs
New York
|
+$13.9M |
| 5 |
Holocene Advisors
New York
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$36.4M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$30.1M |
| 3 |
Select Equity Group
New York
|
-$24.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$21.5M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$13.4M |
SSB Hedge Fund Activity: Q2 2024 in Review
376 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q2 2024, worth a combined $5.19B — down 9% from $5.7B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new SSB positions and 34 closed out — a net gain of 15 holders — while 133 added to existing stakes and 117 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $28.8M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $36.4M.
- 376 institutional investors held SouthState Bank Corp (SSB) as of Q2 2024, up from 364 in Q1 2024.
- Funds reported $5.19B of SouthState Bank Corp stock for Q2 2024, down 9% quarter-over-quarter.
- 49 funds opened new SouthState Bank Corp positions in Q2 2024 and 34 closed out, a net change of +15 holders.
- The largest SouthState Bank Corp buyer in Q2 2024 was Dimensional Fund Advisors, an estimated $28.8M added.
- The largest SouthState Bank Corp seller in Q2 2024 was T. Rowe Price Investment Management, an estimated $36.4M sold.
Based on aggregated 13F filings for Q2 2024.