Summit State Bank
SSBI
17 hedge funds and large institutions have $12.3M invested in Summit State Bank in 2024 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
0.42% less ownership
Funds ownership: 19.86% → 19.43% (-0.42%)
11% less funds holding
Funds holding: 19 → 17 (-2)
15% less capital invested
Capital invested by funds: $14.4M → $12.3M (-$2.12M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$143K |
| 2 |
SM
Salzhauer Michael
|
+$117K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$18.3K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$15.5K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$14.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$80.3K |
| 2 |
CSC
Caldwell Sutter Capital
Sausalito,
California
|
-$68.3K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$16.9K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$2.01K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$373 |
SSBI Hedge Fund Activity: Q2 2024 in Review
17 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Summit State Bank (SSBI) for Q2 2024, worth a combined $12.3M — down 15% from $14.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SSBI and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 9 added.
The largest buyer was Bridgeway Capital Management, adding an estimated $143K. The largest seller was Osaic Holdings, exiting entirely with an estimated $80.3K sold.
- 17 institutional investors held Summit State Bank (SSBI) as of Q2 2024, down from 19 in Q1 2024.
- Funds reported $12.3M of Summit State Bank stock for Q2 2024, down 15% quarter-over-quarter.
- 1 fund opened new Summit State Bank positions in Q2 2024 and 2 closed out, a net change of -1 holder.
- The largest Summit State Bank buyer in Q2 2024 was Bridgeway Capital Management, an estimated $143K added.
- The largest Summit State Bank seller in Q2 2024 was Osaic Holdings, an estimated $80.3K sold.
Based on aggregated 13F filings for Q2 2024.