SouthState Bank Corp
126 hedge funds and large institutions have $949M invested in SouthState Bank Corp in 2013 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 41 reducing their positions, and 14 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
20% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 41
16% more capital invested
Capital invested by funds: $819M → $949M (+$129M)
1% more funds holding
Funds holding: 125 → 126 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$19.8M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$11.8M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$7.4M |
| 4 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$4.49M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$3.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$27M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.8M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$5.14M |
| 4 |
O
OppenheimerFunds
New York
|
-$4.83M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$3.85M |
SSB Hedge Fund Activity: Q4 2013 in Review
126 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q4 2013, worth a combined $949M — up 16% from $819M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SSB positions and 14 closed out — a net gain of 5 holders — while 49 added to existing stakes and 41 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $19.8M. The largest seller was Fidelity Investments, cutting an estimated $27M.
- 126 institutional investors held SouthState Bank Corp (SSB) as of Q4 2013, up from 125 in Q3 2013.
- Funds reported $949M of SouthState Bank Corp stock for Q4 2013, up 16% quarter-over-quarter.
- 19 funds opened new SouthState Bank Corp positions in Q4 2013 and 14 closed out, a net change of +5 holders.
- The largest SouthState Bank Corp buyer in Q4 2013 was Lord, Abbett & Co, an estimated $19.8M added.
- The largest SouthState Bank Corp seller in Q4 2013 was Fidelity Investments, an estimated $27M sold.
Based on aggregated 13F filings for Q4 2013.