Who Owns Summit State Bank Stock?
NASDAQ: SSBIFinanceMajor BanksUSD
Market open · Delayed 15 min · as of Oct 9, 11:50 AM ET
Ownership breakdown
- Held by institutions
- 31.83%
- Held by insiders
- 32.12%
- Institutional holders
- 26
- Institutions 31.8%
- Insiders 32.1%
- Public and other 36.1%
Who owns Summit State Bank stock?
Institutional investors own about 31.8% of Summit State Bank's shares, spread across 26 institutions that file 13F reports. That level of institutional ownership is relatively low, leaving more of the stock with retail investors and insiders. Insiders, including executives, directors and large founding shareholders, hold 32.12% of SSBI.
The largest institutional holders are Alliancebernstein L.P. (11.50%), M3F, Inc. (7.36%) and Caldwell Sutter Capital, Inc. (7.25%). Together, the top 10 institutions control 41.5% of shares outstanding. In their latest filings, 3 of the top 10 institutions increased their SSBI positions and 3 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of SSBI
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Alliancebernstein L.P. | 553.63K | 11.50% | +24.7% |
| M3F, Inc. | 354.23K | 7.36% | 0.0% |
| Caldwell Sutter Capital, Inc. | 349.28K | 7.25% | +0.6% |
| Vanguard Capital Management LLC | 229.15K | 4.76% | -0.1% |
| BANC FUNDS CO LLC | 195.63K | 4.06% | -1.8% |
| MAI Capital Management | 90.63K | 1.88% | 0.0% |
| Salzhauer, Michael | 72.58K | 1.51% | 0.0% |
| Dimensional Fund Advisors LP | 69.62K | 1.45% | 0.0% |
| Geode Capital Management, LLC | 51.51K | 1.07% | -1.1% |
| Vanguard Fiduciary Trust Co | 30.31K | 0.63% | +14.8% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of SSBI
| Fund | Shares | % Held |
|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 178.01K | 3.70% |
| VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund | 50.00K | 1.04% |
| Fidelity Concord Street Trust-Fidelity Extended Market Index Fund | 22.05K | 0.46% |
| Bridgeway Funds, Inc.-Omni Small-Cap Value Fund | 21.00K | 0.44% |
| iShares Trust-iShares Micro-Cap ETF | 17.39K | 0.36% |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Core Equity 2 Portfolio | 14.81K | 0.31% |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Small Cap Value Portfolio | 10.20K | 0.21% |
| Fidelity Concord Street Trust-Fidelity Total Market Index Fund | 8.62K | 0.18% |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Core Equity 1 Portfolio | 8.37K | 0.17% |
| Dimensional ETF Trust-Dimensional US Core Equity 2 ETF | 8.12K | 0.17% |
Frequently asked questions
Who is the largest shareholder of Summit State Bank?
Alliancebernstein L.P. is the largest institutional shareholder of SSBI, owning 11.50% of shares outstanding (553.63K shares) as of its latest 13F filing.
What percentage of Summit State Bank is owned by institutions?
Institutions own about 31.8% of SSBI shares and 46.9% of the public float.
How much of Summit State Bank do insiders own?
Insiders, such as officers and directors, own about 32.12% of SSBI shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.