Summit State Bank
SSBI
20 hedge funds and large institutions have $21.7M invested in Summit State Bank in 2023 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 2 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
4% more capital invested
Capital invested by funds: $20.9M → $21.7M (+$741K)
0.63% less ownership
Funds ownership: 20.73% → 20.1% (-0.63%)
13% less funds holding
Funds holding: 23 → 20 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$34.9K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$27.9K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$25.6K |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$25.6K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$22.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$431K |
| 2 |
Morgan Stanley
New York
|
-$31.4K |
| 3 |
BlackRock
New York
|
-$26K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$19.2K |
| 5 |
CSC
Caldwell Sutter Capital
Sausalito,
California
|
-$5.89K |
SSBI Hedge Fund Activity: Q3 2023 in Review
20 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q3 2023, worth a combined $21.7M — up 3.5% from $20.9M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SSBI and 0 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $34.9K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $431K sold.
- 20 institutional investors held Summit State Bank (SSBI) as of Q3 2023, down from 23 in Q2 2023.
- Funds reported $21.7M of Summit State Bank stock for Q3 2023, up 3.5% quarter-over-quarter.
- 0 funds opened new Summit State Bank positions in Q3 2023 and 2 closed out, a net change of -2 holders.
- The largest Summit State Bank buyer in Q3 2023 was Tower Research Capital (TRC), an estimated $34.9K added.
- The largest Summit State Bank seller in Q3 2023 was Susquehanna International Group, an estimated $431K sold.
Based on aggregated 13F filings for Q3 2023.