SouthState Bank Corp
141 hedge funds and large institutions have $910M invested in SouthState Bank Corp in 2014 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 53 increasing their positions, 44 reducing their positions, and 7 closing their positions.
243% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 7
20% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 44
12% more funds holding
Funds holding: 126 → 141 (+15)
2% less capital invested
Capital invested by funds: $934M → $910M (-$23.2M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
Top Sellers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$18.1M |
| 2 |
Bank of New York Mellon
New York
|
-$12.1M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$11.7M |
| 4 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$7.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.55M |
SSB Hedge Fund Activity: Q1 2014 in Review
141 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q1 2014, worth a combined $910M — down 2.5% from $934M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SSB positions and 7 closed out — a net gain of 17 holders — while 53 added to existing stakes and 44 trimmed.
The largest buyer was Schroder Investment Management Group, opening a new position worth an estimated $11.7M. The largest seller was Wellington Management Group, cutting an estimated $18.1M.
- 141 institutional investors held SouthState Bank Corp (SSB) as of Q1 2014, up from 126 in Q4 2013.
- Funds reported $910M of SouthState Bank Corp stock for Q1 2014, down 2.5% quarter-over-quarter.
- 24 funds opened new SouthState Bank Corp positions in Q1 2014 and 7 closed out, a net change of +17 holders.
- The largest SouthState Bank Corp buyer in Q1 2014 was Schroder Investment Management Group, an estimated $11.7M added.
- The largest SouthState Bank Corp seller in Q1 2014 was Wellington Management Group, an estimated $18.1M sold.
Based on aggregated 13F filings for Q1 2014.