SouthState Bank Corp
200 hedge funds and large institutions have $2.35B invested in SouthState Bank Corp in 2019 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 62 increasing their positions, 73 reducing their positions, and 13 closing their positions.
138% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 13
16% more capital invested
Capital invested by funds: $2.03B → $2.35B (+$318M)
9% more funds holding
Funds holding: 184 → 200 (+16)
1.29% more ownership
Funds ownership: 79.04% → 80.33% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 73
64% less call options, than puts
Call options by funds: $555K | Put options by funds: $1.53M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$44.1M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$16.9M |
| 3 |
BlackRock
New York
|
+$11.5M |
| 4 |
Goldman Sachs
New York
|
+$6.4M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$6.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$12.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.7M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$9.92M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$9.27M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$6.33M |
SSB Hedge Fund Activity: Q4 2019 in Review
200 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q4 2019, worth a combined $2.35B — up 16% from $2.03B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SSB positions and 13 closed out — a net gain of 18 holders — while 62 added to existing stakes and 73 trimmed.
The largest buyer was Select Equity Group, opening a new position worth an estimated $44.1M. The largest seller was Bank of New York Mellon, cutting an estimated $12.8M.
- 200 institutional investors held SouthState Bank Corp (SSB) as of Q4 2019, up from 184 in Q3 2019.
- Funds reported $2.35B of SouthState Bank Corp stock for Q4 2019, up 16% quarter-over-quarter.
- 31 funds opened new SouthState Bank Corp positions in Q4 2019 and 13 closed out, a net change of +18 holders.
- The largest SouthState Bank Corp buyer in Q4 2019 was Select Equity Group, an estimated $44.1M added.
- The largest SouthState Bank Corp seller in Q4 2019 was Bank of New York Mellon, an estimated $12.8M sold.
Based on aggregated 13F filings for Q4 2019.