Summit State Bank
SSBI
17 hedge funds and large institutions have $5.03M invested in Summit State Bank in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
1.1% less ownership
Funds ownership: 8.89% → 7.79% (-1.1%)
6% less funds holding
Funds holding: 18 → 17 (-1)
21% less capital inflows, than outflows
Capital inflows: $2.33M | Capital outflows: $2.95M
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.18M |
| 2 |
Banc Funds Company
Chicago,
Illinois
|
+$657K |
| 3 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
+$272K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$206K |
| 5 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$4.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.57M |
| 2 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
-$358K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$19.4K |
| 4 |
Tower Research Capital (TRC)
New York
|
-$1.42K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1K |
SSBI Hedge Fund Activity: Q2 2016 in Review
17 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q2 2016, worth a combined $5.03M — down 11% from $5.65M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SSBI and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 9 added.
The largest buyer was Vanguard Group, adding an estimated $1.18M. The largest seller was Goldman Sachs, exiting entirely with an estimated $2.57M sold.
- 17 institutional investors held Summit State Bank (SSBI) as of Q2 2016, down from 18 in Q1 2016.
- Funds reported $5.03M of Summit State Bank stock for Q2 2016, down 11% quarter-over-quarter.
- 1 fund opened new Summit State Bank positions in Q2 2016 and 2 closed out, a net change of -1 holder.
- The largest Summit State Bank buyer in Q2 2016 was Vanguard Group, an estimated $1.18M added.
- The largest Summit State Bank seller in Q2 2016 was Goldman Sachs, an estimated $2.57M sold.
Based on aggregated 13F filings for Q2 2016.