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SouthState Bank Corp

181 hedge funds and large institutions have $1.66B invested in SouthState Bank Corp in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 66 increasing their positions, 68 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more call options, than puts

Call options by funds: $2.75M | Put options by funds: $1.66M

4.22% more ownership

Funds ownership: 80.33%84.55% (+4.2%)

3% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 68

10% less funds holding

Funds holding: 200181 (-19)

29% less capital invested

Capital invested by funds: $2.35B → $1.66B (-$689M)

44% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 39

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
181
Holders Change
-19
Holders Change %
-9.5%
% of All Funds
3.99%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
22
Increased
66
Reduced
68
Closed
39
Calls
$2.75M
Puts
$1.66M
Net Calls
+$1.09M
Net Calls Change
+$2.07M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$185M +$7.41M +100,266 +3%
BlackRock
2
BlackRock
New York
$157M +$3.06M +41,366 +2%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$142M +$1.85M +25,039 +1%
Victory Capital Management
4
Victory Capital Management
Texas
$132M +$72.3M +978,263 +77%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$114M -$1.79M -24,177 -1%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$83M -$827K -11,188 -0.8%
Select Equity Group
7
Select Equity Group
New York
$67.1M +$44.3M +599,936 +110%
EARNEST Partners
8
EARNEST Partners
Georgia
$65.2M +$2.04M +27,608 +3%
SAM
9
Silvercrest Asset Management
New York
$61.1M +$2.01M +27,204 +3%
State Street
10
State Street
Massachusetts
$53.3M -$3.14M -42,464 -4%
FAM
11
Fenimore Asset Management
New York
$50.1M -$3.47M -46,981 -5%
Northern Trust
12
Northern Trust
Illinois
$45.6M +$337K +4,558 +0.6%
Wells Fargo
13
Wells Fargo
California
$45.1M +$153K +2,077 +0.3%
ACM
14
Atlanta Capital Management
Georgia
$34.4M +$2.48M +33,546 +6%
Goldman Sachs
15
Goldman Sachs
New York
$33.7M -$20.7M -280,344 -33%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$29M +$2.12M +28,624 +6%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$26.2M -$5.33M -72,129 -14%
TCM
18
Tributary Capital Management
Nebraska
$17.3M -$718K -9,721 -3%
Norges Bank
19
Norges Bank
Norway
$17.3M +$824K +11,149 +4%
WA
20
Wasatch Advisors
Utah
$15.9M -$9.19M -124,325 -31%
JP Morgan Chase
21
JP Morgan Chase
New York
$15.9M +$1.02M +13,741 +5%
New York State Common Retirement Fund
22
New York State Common Retirement Fund
New York
$15.8M -$126K -1,704 -0.6%
Charles Schwab
23
Charles Schwab
California
$15.5M +$720K +9,738 +4%
Bank of America
24
Bank of America
North Carolina
$13.2M -$1.13M -15,243 -6%
WHG
25
Westwood Holdings Group
Texas
$12M +$7.71M +104,355 +105%

SSB Hedge Fund Activity: Q1 2020 in Review

181 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q1 2020, worth a combined $1.66B — down 29% from $2.35B a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of SSB and 22 opened new positions — a net loss of 17 holders — while 68 trimmed existing stakes and 66 added.

The largest buyer was Victory Capital Management, adding an estimated $72.3M. The largest seller was Goldman Sachs, cutting an estimated $20.7M.

  • 181 institutional investors held SouthState Bank Corp (SSB) as of Q1 2020, down from 200 in Q4 2019.
  • Funds reported $1.66B of SouthState Bank Corp stock for Q1 2020, down 29% quarter-over-quarter.
  • 22 funds opened new SouthState Bank Corp positions in Q1 2020 and 39 closed out, a net change of -17 holders.
  • The largest SouthState Bank Corp buyer in Q1 2020 was Victory Capital Management, an estimated $72.3M added.
  • The largest SouthState Bank Corp seller in Q1 2020 was Goldman Sachs, an estimated $20.7M sold.

Based on aggregated 13F filings for Q1 2020.