Summit State Bank
SSBI
20 hedge funds and large institutions have $8.16M invested in Summit State Bank in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 0 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
21% more capital invested
Capital invested by funds: $6.74M → $8.16M (+$1.43M)
5% more funds holding
Funds holding: 19 → 20 (+1)
1.12% more ownership
Funds ownership: 15.65% → 16.76% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$372K |
| 2 |
TCPWM
Traverso Chambers Private Wealth Management
Santa Rosa,
California
|
+$143K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$69.9K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$31.2K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$18.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
-$33.5K |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$26.4K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$18.6K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$10.9K |
| 5 |
BlackRock
New York
|
-$796 |
SSBI Hedge Fund Activity: Q2 2020 in Review
20 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q2 2020, worth a combined $8.16M — up 21% from $6.74M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new SSBI positions and 0 closed out — a net gain of 1 holder — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Banc Funds Company, adding an estimated $372K. The largest seller was BHZ Capital Management, cutting an estimated $33.5K.
- 20 institutional investors held Summit State Bank (SSBI) as of Q2 2020, up from 19 in Q1 2020.
- Funds reported $8.16M of Summit State Bank stock for Q2 2020, up 21% quarter-over-quarter.
- 1 fund opened new Summit State Bank positions in Q2 2020 and 0 closed out, a net change of +1 holder.
- The largest Summit State Bank buyer in Q2 2020 was Banc Funds Company, an estimated $372K added.
- The largest Summit State Bank seller in Q2 2020 was BHZ Capital Management, an estimated $33.5K sold.
Based on aggregated 13F filings for Q2 2020.