SouthState Bank Corp
339 hedge funds and large institutions have $5.07B invested in SouthState Bank Corp in 2023 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 132 increasing their positions, 94 reducing their positions, and 56 closing their positions.
165% more call options, than puts
Call options by funds: $3.81M | Put options by funds: $1.44M
40% more repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 94
14.74% more ownership
Funds ownership: 78.95% → 93.7% (+15%)
11% more capital invested
Capital invested by funds: $4.56B → $5.07B (+$507M)
3% less funds holding
Funds holding: 351 → 339 (-12)
14% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 56
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$275M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$98.1M |
| 3 |
State Street
Boston,
Massachusetts
|
+$83M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$61.2M |
| 5 |
Jane Street
New York
|
+$53.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$97M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$43.7M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$24.7M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$23M |
| 5 |
Renaissance Technologies
New York
|
-$14.9M |
SSB Hedge Fund Activity: Q1 2023 in Review
339 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q1 2023, worth a combined $5.07B — up 11% from $4.56B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of SSB and 48 opened new positions — a net loss of 8 holders — while 94 trimmed existing stakes and 132 added.
The largest buyer was BlackRock, adding an estimated $275M. The largest seller was Citadel Advisors, cutting an estimated $97M.
- 339 institutional investors held SouthState Bank Corp (SSB) as of Q1 2023, down from 351 in Q4 2022.
- Funds reported $5.07B of SouthState Bank Corp stock for Q1 2023, up 11% quarter-over-quarter.
- 48 funds opened new SouthState Bank Corp positions in Q1 2023 and 56 closed out, a net change of -8 holders.
- The largest SouthState Bank Corp buyer in Q1 2023 was BlackRock, an estimated $275M added.
- The largest SouthState Bank Corp seller in Q1 2023 was Citadel Advisors, an estimated $97M sold.
Based on aggregated 13F filings for Q1 2023.