Summit State Bank
SSBI
24 hedge funds and large institutions have $11.8M invested in Summit State Bank in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
9% more funds holding
Funds holding: 22 → 24 (+2)
2% more capital invested
Capital invested by funds: $11.6M → $11.8M (+$263K)
0.61% less ownership
Funds ownership: 15.44% → 14.83% (-0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$110K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$66.1K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$50.5K |
| 4 |
Renaissance Technologies
New York
|
+$47.6K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$32.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$758K |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
-$33K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$28K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$14K |
SSBI Hedge Fund Activity: Q1 2018 in Review
24 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q1 2018, worth a combined $11.8M — up 2.3% from $11.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SSBI positions and 1 closed out — a net gain of 2 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $110K. The largest seller was Kennedy Capital Management, cutting an estimated $758K.
- 24 institutional investors held Summit State Bank (SSBI) as of Q1 2018, up from 22 in Q4 2017.
- Funds reported $11.8M of Summit State Bank stock for Q1 2018, up 2.3% quarter-over-quarter.
- 3 funds opened new Summit State Bank positions in Q1 2018 and 1 closed out, a net change of +2 holders.
- The largest Summit State Bank buyer in Q1 2018 was Dimensional Fund Advisors, an estimated $110K added.
- The largest Summit State Bank seller in Q1 2018 was Kennedy Capital Management, an estimated $758K sold.
Based on aggregated 13F filings for Q1 2018.