Summit State Bank
SSBI
19 hedge funds and large institutions have $16.2M invested in Summit State Bank in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
12% more funds holding
Funds holding: 17 → 19 (+2)
0.01% less ownership
Funds ownership: 15.93% → 15.92% (-0.01%)
11% less capital invested
Capital invested by funds: $18.2M → $16.2M (-$1.99M)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$202K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$159K |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$91.4K |
| 4 |
Bank of New York Mellon
New York
|
+$10.1K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.13K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$255K |
| 2 |
Renaissance Technologies
New York
|
-$80.3K |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
-$47.4K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$47.3K |
| 5 |
BlackRock
New York
|
-$43K |
SSBI Hedge Fund Activity: Q2 2022 in Review
19 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q2 2022, worth a combined $16.2M — down 11% from $18.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SSBI positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 6 trimmed.
The largest buyer was State Street, opening a new position worth an estimated $202K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $255K sold.
- 19 institutional investors held Summit State Bank (SSBI) as of Q2 2022, up from 17 in Q1 2022.
- Funds reported $16.2M of Summit State Bank stock for Q2 2022, down 11% quarter-over-quarter.
- 3 funds opened new Summit State Bank positions in Q2 2022 and 1 closed out, a net change of +2 holders.
- The largest Summit State Bank buyer in Q2 2022 was State Street, an estimated $202K added.
- The largest Summit State Bank seller in Q2 2022 was Susquehanna International Group, an estimated $255K sold.
Based on aggregated 13F filings for Q2 2022.