Summit State Bank
SSBI
22 hedge funds and large institutions have $11.6M invested in Summit State Bank in 2017 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and closing their positions.
2,457% more capital inflows, than outflows
Capital inflows: $935K | Capital outflows: $36.6K
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
5% more funds holding
Funds holding: 21 → 22 (+1)
1.2% more ownership
Funds ownership: 14.23% → 15.44% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kennedy Capital Management
St Louis,
Missouri
|
+$636K |
| 2 |
Banc Funds Company
Chicago,
Illinois
|
+$194K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$26.2K |
| 4 |
Wedbush Securities
Los Angeles,
California
|
+$16.6K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$16.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$23.9K |
| 2 |
Renaissance Technologies
New York
|
-$8.81K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.48K |
| 4 |
BHZ Capital Management
San Jose,
California
|
-$1.06K |
| 5 |
Tower Research Capital (TRC)
New York
|
-$298 |
SSBI Hedge Fund Activity: Q4 2017 in Review
22 of the 4,420 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q4 2017, worth a combined $11.6M — up 10% from $10.5M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new SSBI positions and 0 closed out — a net gain of 1 holder — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Kennedy Capital Management, adding an estimated $636K. The largest seller was Deutsche Bank, cutting an estimated $23.9K.
- 22 institutional investors held Summit State Bank (SSBI) as of Q4 2017, up from 21 in Q3 2017.
- Funds reported $11.6M of Summit State Bank stock for Q4 2017, up 10% quarter-over-quarter.
- 1 fund opened new Summit State Bank positions in Q4 2017 and 0 closed out, a net change of +1 holder.
- The largest Summit State Bank buyer in Q4 2017 was Kennedy Capital Management, an estimated $636K added.
- The largest Summit State Bank seller in Q4 2017 was Deutsche Bank, an estimated $23.9K sold.
Based on aggregated 13F filings for Q4 2017.