SouthState Bank Corp
162 hedge funds and large institutions have $1.15B invested in SouthState Bank Corp in 2016 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 50 increasing their positions, 56 reducing their positions, and 13 closing their positions.
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
8% more capital invested
Capital invested by funds: $1.07B → $1.15B (+$84.2M)
4% more funds holding
Funds holding: 156 → 162 (+6)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$9.78M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$7.94M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$5.45M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.54M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$7.27M |
| 2 |
Bank of New York Mellon
New York
|
-$5.73M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$5.04M |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$4.82M |
| 5 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$4.08M |
SSB Hedge Fund Activity: Q2 2016 in Review
162 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q2 2016, worth a combined $1.15B — up 7.9% from $1.07B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SSB positions and 13 closed out — a net gain of 7 holders — while 50 added to existing stakes and 56 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $9.78M. The largest seller was Lord, Abbett & Co, cutting an estimated $7.27M.
- 162 institutional investors held SouthState Bank Corp (SSB) as of Q2 2016, up from 156 in Q1 2016.
- Funds reported $1.15B of SouthState Bank Corp stock for Q2 2016, up 7.9% quarter-over-quarter.
- 20 funds opened new SouthState Bank Corp positions in Q2 2016 and 13 closed out, a net change of +7 holders.
- The largest SouthState Bank Corp buyer in Q2 2016 was Victory Capital Management, an estimated $9.78M added.
- The largest SouthState Bank Corp seller in Q2 2016 was Lord, Abbett & Co, an estimated $7.27M sold.
Based on aggregated 13F filings for Q2 2016.