Summit State Bank
SSBI
23 hedge funds and large institutions have $9.62M invested in Summit State Bank in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 3 closing their positions.
0% more capital invested
Capital invested by funds: $9.61M → $9.62M (+$17.6K)
0.98% less ownership
Funds ownership: 16.12% → 15.15% (-0.98%)
8% less funds holding
Funds holding: 25 → 23 (-2)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$241K |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
+$238K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.46K |
| 4 |
Barclays
London,
United Kingdom
|
+$380 |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$87 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
-$607K |
| 2 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$154K |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$136K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$88K |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$71.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Barclays
London,
United Kingdom
| – | +$380 | +35 | New |
|
SSBI Hedge Fund Activity: Q3 2019 in Review
23 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q3 2019, worth a combined $9.62M — up 0.18% from $9.61M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SSBI and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was Kennedy Capital Management, adding an estimated $241K. The largest seller was BHZ Capital Management, cutting an estimated $607K.
- 23 institutional investors held Summit State Bank (SSBI) as of Q3 2019, down from 25 in Q2 2019.
- Funds reported $9.62M of Summit State Bank stock for Q3 2019, up 0.18% quarter-over-quarter.
- 1 fund opened new Summit State Bank positions in Q3 2019 and 3 closed out, a net change of -2 holders.
- The largest Summit State Bank buyer in Q3 2019 was Kennedy Capital Management, an estimated $241K added.
- The largest Summit State Bank seller in Q3 2019 was BHZ Capital Management, an estimated $607K sold.
Based on aggregated 13F filings for Q3 2019.