SouthState Bank Corp
134 hedge funds and large institutions have $850M invested in SouthState Bank Corp in 2014 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 28 increasing their positions, 24 reducing their positions, and 6 closing their positions.
1,100% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 6
97% more funds holding
Funds holding: 68 → 134 (+66)
78% more capital invested
Capital invested by funds: $477M → $850M (+$373M)
46% more call options, than puts
Call options by funds: $637K | Put options by funds: $436K
17% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$46.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$45.4M |
| 3 |
Goldman Sachs
New York
|
+$40.1M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$39.1M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$31.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$5.58M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$2.53M |
| 3 |
HHC
Hutchin Hill Capital
New York
|
-$2.48M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.81M |
| 5 |
RA
Royce & Associates
New York
|
-$1.74M |
SSB Hedge Fund Activity: Q3 2014 in Review
134 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q3 2014, worth a combined $850M — up 78% from $477M a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new SSB positions and 6 closed out — a net gain of 66 holders — while 28 added to existing stakes and 24 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $46.4M. The largest seller was Bridgeway Capital Management, cutting an estimated $5.58M.
- 134 institutional investors held SouthState Bank Corp (SSB) as of Q3 2014, up from 68 in Q2 2014.
- Funds reported $850M of SouthState Bank Corp stock for Q3 2014, up 78% quarter-over-quarter.
- 72 funds opened new SouthState Bank Corp positions in Q3 2014 and 6 closed out, a net change of +66 holders.
- The largest SouthState Bank Corp buyer in Q3 2014 was Lord, Abbett & Co, an estimated $46.4M added.
- The largest SouthState Bank Corp seller in Q3 2014 was Bridgeway Capital Management, an estimated $5.58M sold.
Based on aggregated 13F filings for Q3 2014.