Summit State Bank
SSBI
22 hedge funds and large institutions have $10.6M invested in Summit State Bank in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 3 closing their positions.
10% more capital invested
Capital invested by funds: $9.62M → $10.6M (+$964K)
0% more ownership
Funds ownership: 13.77% → 13.77% (+0%)
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
4% less funds holding
Funds holding: 23 → 22 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$99.3K |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
+$64.7K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.94K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.34K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$79 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$125K |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
-$31.2K |
| 3 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
-$10K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$6.44K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.73K |
SSBI Hedge Fund Activity: Q4 2019 in Review
22 of the 5,093 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q4 2019, worth a combined $10.6M — up 10% from $9.62M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SSBI and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 4 added.
The largest buyer was Kennedy Capital Management, adding an estimated $99.3K. The largest seller was Banc Funds Company, cutting an estimated $125K.
- 22 institutional investors held Summit State Bank (SSBI) as of Q4 2019, down from 23 in Q3 2019.
- Funds reported $10.6M of Summit State Bank stock for Q4 2019, up 10% quarter-over-quarter.
- 2 funds opened new Summit State Bank positions in Q4 2019 and 3 closed out, a net change of -1 holder.
- The largest Summit State Bank buyer in Q4 2019 was Kennedy Capital Management, an estimated $99.3K added.
- The largest Summit State Bank seller in Q4 2019 was Banc Funds Company, an estimated $125K sold.
Based on aggregated 13F filings for Q4 2019.