Summit State Bank
SSBI
23 hedge funds and large institutions have $12.5M invested in Summit State Bank in 2018 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 2 closing their positions.
0.47% less ownership
Funds ownership: 15.57% → 15.1% (-0.47%)
4% less capital invested
Capital invested by funds: $13M → $12.5M (-$473K)
8% less funds holding
Funds holding: 25 → 23 (-2)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.67K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.08K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.56K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$156 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCWM
Willow Creek Wealth Management
Sebastopol,
California
|
-$324K |
| 2 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$27.8K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$19.7K |
| 4 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$19K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$7.79K |
SSBI Hedge Fund Activity: Q3 2018 in Review
23 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q3 2018, worth a combined $12.5M — down 3.6% from $13M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SSBI and 0 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $3.67K. The largest seller was Willow Creek Wealth Management, exiting entirely with an estimated $324K sold.
- 23 institutional investors held Summit State Bank (SSBI) as of Q3 2018, down from 25 in Q2 2018.
- Funds reported $12.5M of Summit State Bank stock for Q3 2018, down 3.6% quarter-over-quarter.
- 0 funds opened new Summit State Bank positions in Q3 2018 and 2 closed out, a net change of -2 holders.
- The largest Summit State Bank buyer in Q3 2018 was Tower Research Capital (TRC), an estimated $3.67K added.
- The largest Summit State Bank seller in Q3 2018 was Willow Creek Wealth Management, an estimated $324K sold.
Based on aggregated 13F filings for Q3 2018.