We are live on ! Find out more
SSBI icon

Summit State Bank
SSBI

16 hedge funds and large institutions have $3.73M invested in Summit State Bank in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 1

60% more funds holding

Funds holding: 10 → 16 (+6)

9% more capital invested

Capital invested by funds: $3.41M → $3.73M (+$322K)

0% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 1

Holders
16
Holders Change
+6
Holders Change %
+60%
% of All Funds
0.52%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
1
Reduced
1
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BFC
Banc Funds Company
Illinois
+$430K
2
OFS
Orrstown Financial Services
Pennsylvania
+$30K
3
U
UBS
Switzerland
+$22.4K
4
JIR
James Investment Research
Ohio
+$12.6K
5
TRCT
Tower Research Capital (TRC)
New York
+$10.9K

Top Sellers

Rank Fund Capital Flow
1
PMG
ProVise Management Group
Florida
-$165K
2
Goldman Sachs
Goldman Sachs
New York
-$3.36K
Name Holding Trade Value Shares
Change 		Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$1.97M -$3.36K -462 -0.2%
BFC
2
Banc Funds Company
Illinois
$402K +$430K +59,125 New
AWCI
3
Alpine Woods Capital Investors
New York
$347K – – –
WS
4
Wedbush Securities
California
$303K – – –
MWR
5
McAdams Wright Ragen
Washington
$249K +$2.07K +285 +0.8%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$237K – – –
BCM
7
Bridgeway Capital Management
Texas
$103K – – –
OFS
8
Orrstown Financial Services
Pennsylvania
$28K +$30K +4,125 New
California Public Employees Retirement System
9
California Public Employees Retirement System
California
$22K – – –
U
10
UBS
Switzerland
$21K +$22.4K +3,079 New
Wells Fargo
11
Wells Fargo
California
$19K – – –
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$12K – – –
JIR
13
James Investment Research
Ohio
$12K +$12.6K +1,733 New
TRCT
14
Tower Research Capital (TRC)
New York
$10K +$10.9K +1,499 New
Bank of America
15
Bank of America
North Carolina
$2K +$2K +275 New
Citigroup
16
Citigroup
New York
$1K +$1K +138 New
PMG
17
ProVise Management Group
Florida
– -$165K -24,325 Closed

SSBI Hedge Fund Activity: Q3 2013 in Review

16 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q3 2013, worth a combined $3.73M — up 9.4% from $3.41M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new SSBI positions and 1 closed out — a net gain of 6 holders — while 1 added to existing stakes and 1 trimmed.

The largest buyer was Banc Funds Company, opening a new position worth an estimated $430K. The largest seller was ProVise Management Group, exiting entirely with an estimated $165K sold.

  • 16 institutional investors held Summit State Bank (SSBI) as of Q3 2013, up from 10 in Q2 2013.
  • Funds reported $3.73M of Summit State Bank stock for Q3 2013, up 9.4% quarter-over-quarter.
  • 7 funds opened new Summit State Bank positions in Q3 2013 and 1 closed out, a net change of +6 holders.
  • The largest Summit State Bank buyer in Q3 2013 was Banc Funds Company, an estimated $430K added.
  • The largest Summit State Bank seller in Q3 2013 was ProVise Management Group, an estimated $165K sold.

Based on aggregated 13F filings for Q3 2013.