Summit State Bank
SSBI
20 hedge funds and large institutions have $15.4M invested in Summit State Bank in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
5% more funds holding
Funds holding: 19 → 20 (+1)
0.05% less ownership
Funds ownership: 15.92% → 15.87% (-0.05%)
5% less capital invested
Capital invested by funds: $16.2M → $15.4M (-$803K)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Salzhauer Michael
|
+$118K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$85.5K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$25.3K |
| 4 |
Bank of New York Mellon
New York
|
+$4.93K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$15 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$196K |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
-$57.7K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$13.2K |
| 4 |
TCPWM
Traverso Chambers Private Wealth Management
Santa Rosa,
California
|
-$7.59K |
| 5 |
BlackRock
New York
|
-$4.78K |
SSBI Hedge Fund Activity: Q3 2022 in Review
20 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q3 2022, worth a combined $15.4M — down 5% from $16.2M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SSBI positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Salzhauer Michael, adding an estimated $118K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $196K sold.
- 20 institutional investors held Summit State Bank (SSBI) as of Q3 2022, up from 19 in Q2 2022.
- Funds reported $15.4M of Summit State Bank stock for Q3 2022, down 5% quarter-over-quarter.
- 2 funds opened new Summit State Bank positions in Q3 2022 and 1 closed out, a net change of +1 holder.
- The largest Summit State Bank buyer in Q3 2022 was Salzhauer Michael, an estimated $118K added.
- The largest Summit State Bank seller in Q3 2022 was Renaissance Technologies, an estimated $196K sold.
Based on aggregated 13F filings for Q3 2022.