SouthState Bank Corp
191 hedge funds and large institutions have $1.66B invested in SouthState Bank Corp in 2018 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 65 increasing their positions, 61 reducing their positions, and 27 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 61
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
0% more funds holding
Funds holding: 191 → 191 (0)
0.65% less ownership
Funds ownership: 76.3% → 75.65% (-0.65%)
28% less capital invested
Capital invested by funds: $2.3B → $1.66B (-$644M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
+$18M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$17.4M |
| 3 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
+$16.4M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$13.6M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$9.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$28.4M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$26.6M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$20.2M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$16.1M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$12.9M |
SSB Hedge Fund Activity: Q4 2018 in Review
191 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q4 2018, worth a combined $1.66B — down 28% from $2.3B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SSB positions and 27 closed out — a net gain of 1 holder — while 65 added to existing stakes and 61 trimmed.
The largest buyer was Fenimore Asset Management, adding an estimated $18M. The largest seller was Cardinal Capital Management LLC (Connecticut), cutting an estimated $28.4M.
- 191 institutional investors held SouthState Bank Corp (SSB) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $1.66B of SouthState Bank Corp stock for Q4 2018, down 28% quarter-over-quarter.
- 28 funds opened new SouthState Bank Corp positions in Q4 2018 and 27 closed out, a net change of +1 holder.
- The largest SouthState Bank Corp buyer in Q4 2018 was Fenimore Asset Management, an estimated $18M added.
- The largest SouthState Bank Corp seller in Q4 2018 was Cardinal Capital Management LLC (Connecticut), an estimated $28.4M sold.
Based on aggregated 13F filings for Q4 2018.