Summit State Bank
SSBI
19 hedge funds and large institutions have $10M invested in Summit State Bank in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 2 reducing their positions, and 3 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 2
29% more capital invested
Capital invested by funds: $7.76M → $10M (+$2.24M)
3.23% more ownership
Funds ownership: 11.04% → 14.27% (+3.2%)
0% more funds holding
Funds holding: 19 → 19 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.17M |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
+$615K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$304K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$287K |
| 5 |
SM
Salzhauer Michael
|
+$249K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$564K |
| 2 |
KF
Krilogy Financial
St. Louis,
Missouri
|
-$60K |
| 3 |
Renaissance Technologies
New York
|
-$31.1K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$16.7K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1K |
SSBI Hedge Fund Activity: Q2 2017 in Review
19 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q2 2017, worth a combined $10M — up 29% from $7.76M a quarter earlier.
Fund positioning in SSBI was balanced in Q2 2017: 3 funds opened new positions, 3 closed out, 9 added to existing stakes and 2 trimmed.
The largest buyer was Kennedy Capital Management, adding an estimated $1.17M. The largest seller was Eidelman Virant Capital, exiting entirely with an estimated $564K sold.
- 19 institutional investors held Summit State Bank (SSBI) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $10M of Summit State Bank stock for Q2 2017, up 29% quarter-over-quarter.
- 3 funds opened new Summit State Bank positions in Q2 2017 and 3 closed out, a net change of 0 holders.
- The largest Summit State Bank buyer in Q2 2017 was Kennedy Capital Management, an estimated $1.17M added.
- The largest Summit State Bank seller in Q2 2017 was Eidelman Virant Capital, an estimated $564K sold.
Based on aggregated 13F filings for Q2 2017.