Summit State Bank
SSBI
19 hedge funds and large institutions have $13.2M invested in Summit State Bank in 2021 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 2 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
0.5% less ownership
Funds ownership: 15.86% → 15.36% (-0.5%)
8% less capital invested
Capital invested by funds: $14.3M → $13.2M (-$1.11M)
10% less funds holding
Funds holding: 21 → 19 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$367K |
| 2 |
BlackRock
New York
|
+$225K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$178K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$52.3K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.69K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$771K |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$457K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$25K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5K |
| 5 |
BCM
BHZ Capital Management
San Jose,
California
|
-$4.95K |
SSBI Hedge Fund Activity: Q2 2021 in Review
19 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q2 2021, worth a combined $13.2M — down 7.8% from $14.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SSBI and 0 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 9 added.
The largest buyer was Banc Funds Company, adding an estimated $367K. The largest seller was Vanguard Group, cutting an estimated $771K.
- 19 institutional investors held Summit State Bank (SSBI) as of Q2 2021, down from 21 in Q1 2021.
- Funds reported $13.2M of Summit State Bank stock for Q2 2021, down 7.8% quarter-over-quarter.
- 0 funds opened new Summit State Bank positions in Q2 2021 and 2 closed out, a net change of -2 holders.
- The largest Summit State Bank buyer in Q2 2021 was Banc Funds Company, an estimated $367K added.
- The largest Summit State Bank seller in Q2 2021 was Vanguard Group, an estimated $771K sold.
Based on aggregated 13F filings for Q2 2021.