SouthState Bank Corp
330 hedge funds and large institutions have $4.53B invested in SouthState Bank Corp in 2023 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 113 increasing their positions, 113 reducing their positions, and 22 closing their positions.
286% more call options, than puts
Call options by funds: $3.41M | Put options by funds: $882K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
32% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 22
1% more funds holding
Funds holding: 326 → 330 (+4)
2% more capital invested
Capital invested by funds: $4.45B → $4.53B (+$76.5M)
0% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 113
0.71% less ownership
Funds ownership: 89.16% → 88.45% (-0.71%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$29.4M |
| 2 |
Millennium Management
New York
|
+$23.7M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$15.9M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$15.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$45.5M |
| 2 |
State Street
Boston,
Massachusetts
|
-$27.4M |
| 3 |
Morgan Stanley
New York
|
-$25.7M |
| 4 |
Barclays
London,
United Kingdom
|
-$16.9M |
| 5 |
JP Morgan Chase
New York
|
-$14.8M |
SSB Hedge Fund Activity: Q3 2023 in Review
330 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in SouthState Bank Corp (SSB) for Q3 2023, worth a combined $4.53B — up 1.7% from $4.45B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SSB positions and 22 closed out — a net gain of 7 holders — while 113 added to existing stakes and 113 trimmed.
The largest buyer was Norges Bank, adding an estimated $29.4M. The largest seller was Select Equity Group, cutting an estimated $45.5M.
- 330 institutional investors held SouthState Bank Corp (SSB) as of Q3 2023, up from 326 in Q2 2023.
- Funds reported $4.53B of SouthState Bank Corp stock for Q3 2023, up 1.7% quarter-over-quarter.
- 29 funds opened new SouthState Bank Corp positions in Q3 2023 and 22 closed out, a net change of +7 holders.
- The largest SouthState Bank Corp buyer in Q3 2023 was Norges Bank, an estimated $29.4M added.
- The largest SouthState Bank Corp seller in Q3 2023 was Select Equity Group, an estimated $45.5M sold.
Based on aggregated 13F filings for Q3 2023.