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SouthState Bank Corp

357 hedge funds and large institutions have $5.92B invested in SouthState Bank Corp in 2023 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 107 increasing their positions, 126 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

874% more call options, than puts

Call options by funds: $25.5M | Put options by funds: $2.62M

160% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 20

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

31% more capital invested

Capital invested by funds: $4.53B → $5.92B (+$1.39B)

8% more funds holding

Funds holding: 330357 (+27)

3.76% more ownership

Funds ownership: 88.45%92.21% (+3.8%)

15% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 126

Holders
357
Holders Change
+27
Holders Change %
+8.18%
% of All Funds
5.2%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.09%
New
52
Increased
107
Reduced
126
Closed
20
Calls
$25.5M
Puts
$2.62M
Net Calls
+$22.9M
Net Calls Change
+$20.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
26
Capital World Investors
California
$52.4M +$11.1M +149,745 +32%
FAM
27
Fenimore Asset Management
New York
$50.4M -$390K -5,284 -0.9%
Capital International Investors
28
Capital International Investors
California
$50.4M +$8.59M +116,313 +24%
Millennium Management
29
Millennium Management
New York
$49.5M +$19M +256,887 +78%
Schroder Investment Management Group
30
Schroder Investment Management Group
United Kingdom
$45.9M +$3.25M +44,051 +9%
Select Equity Group
31
Select Equity Group
New York
$42.6M +$21.1M +286,080 +131%
JP Morgan Chase
32
JP Morgan Chase
New York
$37.2M -$9.92M -134,381 -23%
Boston Partners
33
Boston Partners
Massachusetts
$36M -$1.11M -14,974 -3%
Bank of America
34
Bank of America
North Carolina
$34M -$4.22M -57,206 -12%
Invesco
35
Invesco
Georgia
$33.2M +$5.05M +68,456 +21%
KCM
36
Kennedy Capital Management
Missouri
$31.2M -$2.27M -30,743 -8%
New York State Common Retirement Fund
37
New York State Common Retirement Fund
New York
$27.5M -$158K -2,147 -0.7%
RFC
38
Regions Financial Corp
Alabama
$26.7M -$952K -12,890 -4%
Principal Financial Group
39
Principal Financial Group
Iowa
$24M -$115K -1,555 -0.5%
TCM
40
Tributary Capital Management
Nebraska
$23.5M -$338K -4,584 -2%
SEI Investments
41
SEI Investments
Pennsylvania
$22.4M -$1.54M -20,923 -7%
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$22M -$118K -1,601 -0.6%
PMG
43
Private Management Group
California
$21.4M -$5.92M -80,163 -24%
Barclays
44
Barclays
United Kingdom
$19.3M +$6.69M +90,650 +66%
FWIA
45
Fort Washington Investment Advisors
Ohio
$18.4M -$343K -4,640 -2%
Loomis, Sayles & Company
46
Loomis, Sayles & Company
Massachusetts
$16.4M -$233K -3,155 -2%
CVA
47
Ceredex Value Advisors
Florida
$16.2M -$2.14M -29,050 -13%
PCM
48
Penn Capital Management
Pennsylvania
$14.8M +$743K +10,060 +6%
Truist Financial
49
Truist Financial
North Carolina
$14.8M -$2.05M -27,739 -14%
Balyasny Asset Management
50
Balyasny Asset Management
Illinois
$14.5M +$7.74M +104,852 +156%

SSB Hedge Fund Activity: Q4 2023 in Review

357 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q4 2023, worth a combined $5.92B — up 31% from $4.53B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new SSB positions and 20 closed out — a net gain of 32 holders — while 107 added to existing stakes and 126 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $145M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $30.1M.

  • 357 institutional investors held SouthState Bank Corp (SSB) as of Q4 2023, up from 330 in Q3 2023.
  • Funds reported $5.92B of SouthState Bank Corp stock for Q4 2023, up 31% quarter-over-quarter.
  • 52 funds opened new SouthState Bank Corp positions in Q4 2023 and 20 closed out, a net change of +32 holders.
  • The largest SouthState Bank Corp buyer in Q4 2023 was Morgan Stanley, an estimated $145M added.
  • The largest SouthState Bank Corp seller in Q4 2023 was Fuller & Thaler Asset Management, an estimated $30.1M sold.

Based on aggregated 13F filings for Q4 2023.