SouthState Bank Corp
327 hedge funds and large institutions have $4.45B invested in SouthState Bank Corp in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 116 increasing their positions, 101 reducing their positions, and 39 closing their positions.
107% more call options, than puts
Call options by funds: $3.85M | Put options by funds: $1.86M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
15% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 101
4% less funds holding
Funds holding: 339 → 327 (-12)
4.51% less ownership
Funds ownership: 93.7% → 89.19% (-4.5%)
12% less capital invested
Capital invested by funds: $5.06B → $4.45B (-$611M)
28% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$22.7M |
| 2 |
State Street
Boston,
Massachusetts
|
+$20M |
| 3 |
Barclays
London,
United Kingdom
|
+$19.1M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$18.3M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$148M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$114M |
| 3 |
Jane Street
New York
|
-$45.8M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$28.6M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$26.6M |
SSB Hedge Fund Activity: Q2 2023 in Review
327 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q2 2023, worth a combined $4.45B — down 12% from $5.06B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of SSB and 28 opened new positions — a net loss of 11 holders — while 101 trimmed existing stakes and 116 added.
The largest buyer was Morgan Stanley, adding an estimated $22.7M. The largest seller was Select Equity Group, cutting an estimated $148M.
- 327 institutional investors held SouthState Bank Corp (SSB) as of Q2 2023, down from 339 in Q1 2023.
- Funds reported $4.45B of SouthState Bank Corp stock for Q2 2023, down 12% quarter-over-quarter.
- 28 funds opened new SouthState Bank Corp positions in Q2 2023 and 39 closed out, a net change of -11 holders.
- The largest SouthState Bank Corp buyer in Q2 2023 was Morgan Stanley, an estimated $22.7M added.
- The largest SouthState Bank Corp seller in Q2 2023 was Select Equity Group, an estimated $148M sold.
Based on aggregated 13F filings for Q2 2023.