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Summit State Bank

17 hedge funds and large institutions have $13.3M invested in Summit State Bank in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 4

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

6% more funds holding

Funds holding: 1617 (+1)

1.5% less ownership

Funds ownership: 14.35%12.85% (-1.5%)

15% less capital invested

Capital invested by funds: $15.7M → $13.3M (-$2.4M)

Holders
17
Holders Change
+1
Holders Change %
+6.25%
% of All Funds
0.26%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
8
Reduced
4
Closed
2
Calls
Puts
Net Calls
Net Calls Change

SSBI Hedge Fund Activity: Q4 2021 in Review

17 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q4 2021, worth a combined $13.3M — down 15% from $15.7M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new SSBI positions and 2 closed out — a net gain of 1 holder — while 8 added to existing stakes and 4 trimmed.

The largest buyer was Renaissance Technologies, opening a new position worth an estimated $356K. The largest seller was Rosenthal Henry Capital Advisors, exiting entirely with an estimated $317K sold.

  • 17 institutional investors held Summit State Bank (SSBI) as of Q4 2021, up from 16 in Q3 2021.
  • Funds reported $13.3M of Summit State Bank stock for Q4 2021, down 15% quarter-over-quarter.
  • 3 funds opened new Summit State Bank positions in Q4 2021 and 2 closed out, a net change of +1 holder.
  • The largest Summit State Bank buyer in Q4 2021 was Renaissance Technologies, an estimated $356K added.
  • The largest Summit State Bank seller in Q4 2021 was Rosenthal Henry Capital Advisors, an estimated $317K sold.

Based on aggregated 13F filings for Q4 2021.