Summit State Bank
SSBI
19 hedge funds and large institutions have $7.76M invested in Summit State Bank in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 1 closing their positions.
140% more capital inflows, than outflows
Capital inflows: $564K | Capital outflows: $235K
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
0.4% more ownership
Funds ownership: 9.64% → 10.04% (+0.4%)
5% less funds holding
Funds holding: 20 → 19 (-1)
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kennedy Capital Management
St Louis,
Missouri
|
+$413K |
| 2 |
Banc Funds Company
Chicago,
Illinois
|
+$104K |
| 3 |
BlackRock
New York
|
+$22.4K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$15.8K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$7.63K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alpine Woods Capital Investors
Purchase,
New York
|
-$150K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$36.3K |
| 3 |
Morgan Stanley
New York
|
-$16.6K |
| 4 |
Krilogy Financial
St. Louis,
Missouri
|
-$13K |
| 5 |
BHZ Capital Management
San Jose,
California
|
-$9.24K |
SSBI Hedge Fund Activity: Q1 2017 in Review
19 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q1 2017, worth a combined $7.76M — up 13% from $6.87M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SSBI positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 11 trimmed.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $413K. The largest seller was Alpine Woods Capital Investors, exiting entirely with an estimated $150K sold.
- 19 institutional investors held Summit State Bank (SSBI) as of Q1 2017, down from 20 in Q4 2016.
- Funds reported $7.76M of Summit State Bank stock for Q1 2017, up 13% quarter-over-quarter.
- 2 funds opened new Summit State Bank positions in Q1 2017 and 1 closed out, a net change of +1 holder.
- The largest Summit State Bank buyer in Q1 2017 was Kennedy Capital Management, an estimated $413K added.
- The largest Summit State Bank seller in Q1 2017 was Alpine Woods Capital Investors, an estimated $150K sold.
Based on aggregated 13F filings for Q1 2017.