SouthState Bank Corp
SSB
191 hedge funds and large institutions have $2.3B invested in SouthState Bank Corp in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 69 increasing their positions, 62 reducing their positions, and 28 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 62
1.32% more ownership
Funds ownership: 74.98% → 76.3% (+1.3%)
3% less capital invested
Capital invested by funds: $2.38B → $2.3B (-$77.8M)
8% less funds holding
Funds holding: 208 → 191 (-17)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
57% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 28
72% less call options, than puts
Call options by funds: $213K | Put options by funds: $771K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$16.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$15.4M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$14M |
| 4 |
State Street
Boston,
Massachusetts
|
+$13.6M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$31.8M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$12M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$10.5M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$8.53M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$4.21M |
SSB Hedge Fund Activity: Q3 2018 in Review
191 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q3 2018, worth a combined $2.3B — down 3.3% from $2.38B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SSB and 12 opened new positions — a net loss of 16 holders — while 62 trimmed existing stakes and 69 added.
The largest buyer was Atlanta Capital Management, adding an estimated $16.5M. The largest seller was Copper Rock Capital Partners, exiting entirely with an estimated $31.8M sold.
- 191 institutional investors held SouthState Bank Corp (SSB) as of Q3 2018, down from 208 in Q2 2018.
- Funds reported $2.3B of SouthState Bank Corp stock for Q3 2018, down 3.3% quarter-over-quarter.
- 12 funds opened new SouthState Bank Corp positions in Q3 2018 and 28 closed out, a net change of -16 holders.
- The largest SouthState Bank Corp buyer in Q3 2018 was Atlanta Capital Management, an estimated $16.5M added.
- The largest SouthState Bank Corp seller in Q3 2018 was Copper Rock Capital Partners, an estimated $31.8M sold.
Based on aggregated 13F filings for Q3 2018.