Summit State Bank
SSBI
26 hedge funds and large institutions have $10.2M invested in Summit State Bank in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 0 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
13% more funds holding
Funds holding: 23 → 26 (+3)
1.04% more ownership
Funds ownership: 15.1% → 16.14% (+1%)
18% less capital invested
Capital invested by funds: $12.5M → $10.2M (-$2.28M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$26.6K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$26.5K |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$23.9K |
| 4 |
BAM
Bruderman Asset Management
Locust Valley,
New York
|
+$14.8K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$11.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$164K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$28.6K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$7.33K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.44K |
| 5 |
Morgan Stanley
New York
|
-$2.41K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $1K | +$808 | +69 | New |
|
SSBI Hedge Fund Activity: Q4 2018 in Review
26 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q4 2018, worth a combined $10.2M — down 18% from $12.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SSBI positions and 0 closed out — a net gain of 3 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $26.6K. The largest seller was Vanguard Group, cutting an estimated $164K.
- 26 institutional investors held Summit State Bank (SSBI) as of Q4 2018, up from 23 in Q3 2018.
- Funds reported $10.2M of Summit State Bank stock for Q4 2018, down 18% quarter-over-quarter.
- 3 funds opened new Summit State Bank positions in Q4 2018 and 0 closed out, a net change of +3 holders.
- The largest Summit State Bank buyer in Q4 2018 was Dimensional Fund Advisors, an estimated $26.6K added.
- The largest Summit State Bank seller in Q4 2018 was Vanguard Group, an estimated $164K sold.
Based on aggregated 13F filings for Q4 2018.