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Summit State Bank

16 hedge funds and large institutions have $15.7M invested in Summit State Bank in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 7 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.92% less ownership

Funds ownership: 13.97% → 13.05% (-0.92%)

16% less funds holding

Funds holding: 19 → 16 (-3)

75% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 4

98% less capital inflows, than outflows

Capital inflows: $16.4K | Capital outflows: $897K

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 7

Holders
16
Holders Change
-3
Holders Change %
-15.79%
% of All Funds
0.28%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
1
Increased
–
Reduced
7
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

SSBI Hedge Fund Activity: Q3 2021 in Review

16 of the 5,731 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q3 2021, worth a combined $15.7M — up 19% from $13.2M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of SSBI and 1 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 0 added.

The largest buyer was Vectors Research Management, opening a new position worth an estimated $16.4K. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $407K sold.

  • 16 institutional investors held Summit State Bank (SSBI) as of Q3 2021, down from 19 in Q2 2021.
  • Funds reported $15.7M of Summit State Bank stock for Q3 2021, up 19% quarter-over-quarter.
  • 1 fund opened new Summit State Bank positions in Q3 2021 and 4 closed out, a net change of -3 holders.
  • The largest Summit State Bank buyer in Q3 2021 was Vectors Research Management, an estimated $16.4K added.
  • The largest Summit State Bank seller in Q3 2021 was Kennedy Capital Management, an estimated $407K sold.

Based on aggregated 13F filings for Q3 2021.