Summit State Bank
SSBI
21 hedge funds and large institutions have $19.2M invested in Summit State Bank in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
25% more capital invested
Capital invested by funds: $15.4M → $19.2M (+$3.79M)
5% more funds holding
Funds holding: 20 → 21 (+1)
2.29% more ownership
Funds ownership: 15.87% → 18.16% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$3.44M |
| 2 |
Renaissance Technologies
New York
|
+$176K |
| 3 |
SM
Salzhauer Michael
|
+$103K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$63K |
| 5 |
Bank of New York Mellon
New York
|
+$28.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.87M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$28.1K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$23.4K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$10.9K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.14K |
SSBI Hedge Fund Activity: Q4 2022 in Review
21 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q4 2022, worth a combined $19.2M — up 25% from $15.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SSBI positions and 2 closed out — a net gain of 2 holders — while 8 added to existing stakes and 5 trimmed.
The largest buyer was Banc Funds Company, adding an estimated $3.44M. The largest seller was Wellington Management Group, exiting entirely with an estimated $2.87M sold.
- 21 institutional investors held Summit State Bank (SSBI) as of Q4 2022, up from 20 in Q3 2022.
- Funds reported $19.2M of Summit State Bank stock for Q4 2022, up 25% quarter-over-quarter.
- 4 funds opened new Summit State Bank positions in Q4 2022 and 2 closed out, a net change of +2 holders.
- The largest Summit State Bank buyer in Q4 2022 was Banc Funds Company, an estimated $3.44M added.
- The largest Summit State Bank seller in Q4 2022 was Wellington Management Group, an estimated $2.87M sold.
Based on aggregated 13F filings for Q4 2022.