SouthState Bank Corp
285 hedge funds and large institutions have $4.09B invested in SouthState Bank Corp in 2020 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 79 increasing their positions, 98 reducing their positions, and 25 closing their positions.
92% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 25
57% more capital invested
Capital invested by funds: $2.61B → $4.09B (+$1.48B)
8% more funds holding
Funds holding: 263 → 285 (+22)
2.89% more ownership
Funds ownership: 76.83% → 79.72% (+2.9%)
5% less call options, than puts
Call options by funds: $7.39M | Put options by funds: $7.75M
19% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 98
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$92.1M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$41.6M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$40.5M |
| 4 |
BlackRock
New York
|
+$21.4M |
| 5 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$16.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$42.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$31.5M |
| 3 |
Millennium Management
New York
|
-$21M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$17.7M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$15.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Renaissance Technologies
New York
| – | -$327K | -6,791 | Closed |
|
|
PRC
302
Pearl River Capital
Niles,
Michigan
| – | -$262K | -5,441 | Closed |
|
|
FAG
303
Financial Advisory Group
Houston,
Texas
| – | -$220K | -4,579 | Closed |
|
|
CSPIA
304
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$96K | -2,004 | Closed |
|
|
PFS
305
Prospera Financial Services
Dallas,
Texas
| – | -$89K | -1,853 | Closed |
|
|
MC
306
Maverick Capital
Dallas,
Texas
| – | -$35K | -723 | Closed |
|
|
FC
307
FORA Capital
Miami,
Florida
| – | -$24K | -495 | Closed |
|
|
PAM
308
Panagora Asset Management
Boston,
Massachusetts
| – | -$16K | -328 | Closed |
|
|
AIC
309
Archer Investment Corporation
Carmel,
Indiana
| – | -$4.72K | -98 | Closed |
|
310
AssetMark Inc
Concord,
California
| – | -$197 | -3 | -50% |
|
SSB Hedge Fund Activity: Q4 2020 in Review
285 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q4 2020, worth a combined $4.09B — up 57% from $2.61B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new SSB positions and 25 closed out — a net gain of 23 holders — while 79 added to existing stakes and 98 trimmed.
The largest buyer was Select Equity Group, adding an estimated $92.1M. The largest seller was Wellington Management Group, cutting an estimated $42.4M.
- 285 institutional investors held SouthState Bank Corp (SSB) as of Q4 2020, up from 263 in Q3 2020.
- Funds reported $4.09B of SouthState Bank Corp stock for Q4 2020, up 57% quarter-over-quarter.
- 48 funds opened new SouthState Bank Corp positions in Q4 2020 and 25 closed out, a net change of +23 holders.
- The largest SouthState Bank Corp buyer in Q4 2020 was Select Equity Group, an estimated $92.1M added.
- The largest SouthState Bank Corp seller in Q4 2020 was Wellington Management Group, an estimated $42.4M sold.
Based on aggregated 13F filings for Q4 2020.