SouthState Bank Corp
160 hedge funds and large institutions have $1.86B invested in SouthState Bank Corp in 2017 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 60 increasing their positions, 58 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
10% more capital invested
Capital invested by funds: $1.7B → $1.86B (+$162M)
3.07% more ownership
Funds ownership: 67.73% → 70.8% (+3.1%)
3% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 58
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
2% less funds holding
Funds holding: 163 → 160 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$40.9M |
| 2 |
BlackRock
New York
|
+$17.9M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$16.8M |
| 4 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$7.43M |
| 5 |
Millennium Management
New York
|
+$6.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$15.6M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$11.5M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$5.17M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$4.5M |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$4.29M |
SSB Hedge Fund Activity: Q3 2017 in Review
160 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q3 2017, worth a combined $1.86B — up 9.5% from $1.7B a quarter earlier.
Fund positioning in SSB was balanced in Q3 2017: 15 funds opened new positions, 15 closed out, 60 added to existing stakes and 58 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $40.9M. The largest seller was Ranger Investment Management, cutting an estimated $15.6M.
- 160 institutional investors held SouthState Bank Corp (SSB) as of Q3 2017, down from 163 in Q2 2017.
- Funds reported $1.86B of SouthState Bank Corp stock for Q3 2017, up 9.5% quarter-over-quarter.
- 15 funds opened new SouthState Bank Corp positions in Q3 2017 and 15 closed out, a net change of 0 holders.
- The largest SouthState Bank Corp buyer in Q3 2017 was Wellington Management Group, an estimated $40.9M added.
- The largest SouthState Bank Corp seller in Q3 2017 was Ranger Investment Management, an estimated $15.6M sold.
Based on aggregated 13F filings for Q3 2017.