We are live on ! Find out more
SSBI icon

Summit State Bank
SSBI

19 hedge funds and large institutions have $9.66M invested in Summit State Bank in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more capital invested

Capital invested by funds: $8.16M → $9.66M (+$1.49M)

1.07% less ownership

Funds ownership: 16.76% → 15.7% (-1.1%)

5% less funds holding

Funds holding: 20 → 19 (-1)

50% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 6

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 1

Holders
19
Holders Change
-1
Holders Change %
-5%
% of All Funds
0.38%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
–
Increased
3
Reduced
6
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BCM
Bridgeway Capital Management
Texas
+$398K
2
Vanguard Group
Vanguard Group
Pennsylvania
+$11.9K
3
Wells Fargo
Wells Fargo
California
+$9

Top Sellers

Rank Fund Capital Flow
1
KCM
Kennedy Capital Management
Missouri
-$419K
2
BFC
Banc Funds Company
Illinois
-$340K
3
WS
Wedbush Securities
California
-$9.31K
4
BCM
BHZ Capital Management
California
-$5.35K
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$4K
Name Holding Trade Value Shares
Change 		Change in
Stake
KCM
1
Kennedy Capital Management
Missouri
$2.11M -$419K -46,407 -18%
BFC
2
Banc Funds Company
Illinois
$2.04M -$340K -37,565 -16%
Vanguard Group
3
Vanguard Group
Pennsylvania
$993K +$11.9K +1,320 +1%
TCPWM
4
Traverso Chambers Private Wealth Management
California
$897K – – –
BCM
5
BHZ Capital Management
California
$860K -$5.35K -592 -0.7%
WS
6
Wedbush Securities
California
$815K -$9.31K -1,030 -1%
BCM
7
Bridgeway Capital Management
Texas
$707K +$398K +44,000 +171%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$640K – – –
SM
9
Salzhauer Michael
$214K – – –
RHCA
10
Rosenthal Henry Capital Advisors
Indiana
$178K – – –
Morgan Stanley
11
Morgan Stanley
New York
$57K – – –
JIR
12
James Investment Research
Ohio
$47K – – –
Osaic Holdings
13
Osaic Holdings
Arizona
$25K – – –
BlackRock
14
BlackRock
New York
$24K – – –
LSV Asset Management
15
LSV Asset Management
Illinois
$20K – – –
PNC Financial Services Group
16
PNC Financial Services Group
Pennsylvania
$17K – – –
UBS Group
17
UBS Group
Switzerland
$7K -$1.94K -215 -24%
TRCT
18
Tower Research Capital (TRC)
New York
$7K -$1.59K -176 -19%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
– -$4K -550 Closed
Wells Fargo
20
Wells Fargo
California
– +$9 +1 +3%

SSBI Hedge Fund Activity: Q3 2020 in Review

19 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q3 2020, worth a combined $9.66M — up 18% from $8.16M a quarter earlier.

Sellers outnumbered buyers: 1 fund closed out of SSBI and 0 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 3 added.

The largest buyer was Bridgeway Capital Management, adding an estimated $398K. The largest seller was Kennedy Capital Management, cutting an estimated $419K.

  • 19 institutional investors held Summit State Bank (SSBI) as of Q3 2020, down from 20 in Q2 2020.
  • Funds reported $9.66M of Summit State Bank stock for Q3 2020, up 18% quarter-over-quarter.
  • 0 funds opened new Summit State Bank positions in Q3 2020 and 1 closed out, a net change of -1 holder.
  • The largest Summit State Bank buyer in Q3 2020 was Bridgeway Capital Management, an estimated $398K added.
  • The largest Summit State Bank seller in Q3 2020 was Kennedy Capital Management, an estimated $419K sold.

Based on aggregated 13F filings for Q3 2020.