Summit State Bank

SSBI • NASDAQ

Summit State Bank is a banks - regional company in the financial services sector on NASDAQ, led by Cheryl R. Bishop, with a market cap of $78.2M. As of Q3 2025, 26% of shares are held by 21 institutional investors, with M3F, Inc. as the largest holder at 5.23%.

Chief Executive OfficerCheryl R. Bishop

Market Cap$78.2M

Banks - Regional

Financial Services

Employees115.0

Overview

Overview of institutional ownership in SSBI as of Q3 2025 with a market cap of $80.6M

All Institutions

Institutions: 21
Value Held: $20.8M
Shares Held: 1.7M
Avg Position: $989.5K
Median Position: $166.8K

Hedge Funds

Hedge Funds: 1
Value Held: $4.2M
Shares Held: 354.2K
Avg Position: $4.2M
Median Position: $4.2M

Ownership Breakdown

Institutional (non-HF)

20.53%

$16.6M

Hedge Funds

5.23%

$4.2M

Retail & Other

74.24%

$59.9M

Based on market cap of $80.6M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in SSBI as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
M3F, Inc. Hedge Fund•Long/Short	William Chester Waller Managing Partner	$4.2M 1.20% of portfolio	5.23% 354.2K shares	Q4 2024 Held for 11 months	$352.9M
CALDWELL SUTTER CAPITAL, INC. RIA/Wealth	John Caldwell Helmer Founder	$4.2M 1.78% of portfolio	5.16% 349.3K shares	Q4 2022 Held for 2y 11m	$234.1M
B BANC FUNDS CO LLC Institution	-	$3.8M 0.94% of portfolio	4.77% 323.1K shares	Q3 2013 Held for 12y 2m	$411.3M
VANGUARD GROUP INC Institution	Salim Ramji CEO	$3.2M 0.00% of portfolio	3.95% 267.7K shares	Q4 2013 Held for 11y 11m	$6.69T
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$1.1M 0.00% of portfolio	1.40% 94.5K shares	Q3 2025 Held for 2 months	$317.45B
MAI Wealth Advisors RIA/Wealth	Richard James Buoncore Chairman	$1.1M 0.01% of portfolio	1.35% 91.6K shares	Q1 2024 Held for 1y 8m	$16.0B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$902.7K 0.00% of portfolio	1.12% 75.8K shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$630.5K 0.00% of portfolio	0.78% 52.9K shares	Q2 2022 Held for 3y 5m	$1.57T
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	John Noland Ryan Montgomery CEO	$343.2K 0.01% of portfolio	0.43% 28.8K shares	Q2 2017 Held for 8y 5m	$4.7B
S STIFEL FINANCIAL CORP Long Only Manager	Adam Vartan Topalian CIO	$193.2K 0.00% of portfolio	0.24% 16.2K shares	Q3 2025 Held for 2 months	$109.37B

Net Capital Flow

Institutional buying and selling activity for SSBI in Q3 2025

Traded: +$344.9K
Buyers: 6
Sellers: 10
Total Bought: +$1.5M
Total Sold: −$1.2M
Avg Position: $903.4K

Biggest Buyers

Institution	Net Bought	Current Position
ALLIANCEBERNSTEIN L.P. Long Only Manager	+$1.1M +94.5K shares	$1.1M 94.5K shares
S STIFEL FINANCIAL CORP Long Only Manager	+$193.2K +16.2K shares	$193.2K 16.2K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$166.4K +14.0K shares	$166.4K 14.0K shares
M3F, Inc. Hedge Fund•Long/Short	+$16.4K +1.4K shares	$4.2M 354.2K shares
JPMORGAN CHASE & CO Institution	+$11.2K +938.0 shares	$11.2K 938.0 shares
CALDWELL SUTTER CAPITAL, INC. RIA/Wealth	+$595.5 +50.0 shares	$4.2M 349.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BANC FUNDS CO LLC Institution	−$738.7K −62.0K shares	$3.8M 323.1K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$229.5K −21.2K shares	Sold Off 0 shares
VANGUARD GROUP INC Institution	−$52.1K −4.4K shares	$3.2M 267.7K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$47.1K −4.0K shares	$902.7K 75.8K shares
B BlackRock, Inc. Institution	−$32.6K −2.7K shares	$154.7K 13.0K shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	−$29.2K −2.5K shares	$630.5K 52.9K shares
NORTHERN TRUST CORP Institution	−$23.3K −2.0K shares	$158.6K 13.3K shares
UBS Group AG Institution	−$15.7K −1.3K shares	$112.2K 9.4K shares
BANK OF AMERICA CORP /DE/ Institution	−$497.0 −42.0 shares	$71.0 6.0 shares
WELLS FARGO & COMPANY/MN Institution	−$0.3 −0.0 shares	$3.0 0.3 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited SSBI in Q3 2025

New Positions: 3
New Value: $1.3M
Exited Positions: 1
Exited Value: $229.5K

New Positions

Institution	Position Value
ALLIANCEBERNSTEIN L.P. Long Only Manager	$1.1M 94.5K shares
S STIFEL FINANCIAL CORP Long Only Manager	$193.2K 16.2K shares
JPMORGAN CHASE & CO Institution	$11.2K 938.0 shares

Exited Positions

Institution	Previous Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$229.5K 21.2K shares

Options Activity

Institutions with the largest Call and Put options positions in SSBI as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with SSBI as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
CALDWELL SUTTER CAPITAL, INC. RIA/Wealth	John Caldwell Helmer Founder	1.78% $4.2M	5.16% 349.3K shares	Q4 2022 Held for 2y 11m	$234.1M
M3F, Inc. Hedge Fund•Long/Short	William Chester Waller Managing Partner	1.20% $4.2M	5.23% 354.2K shares	Q4 2024 Held for 11 months	$352.9M
B BANC FUNDS CO LLC Institution	-	0.94% $3.8M	4.77% 323.1K shares	Q3 2013 Held for 12y 2m	$411.3M
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	John Noland Ryan Montgomery CEO	0.01% $343.2K	0.43% 28.8K shares	Q2 2017 Held for 8y 5m	$4.7B
MAI Wealth Advisors RIA/Wealth	Richard James Buoncore Chairman	0.01% $1.1M	1.35% 91.6K shares	Q1 2024 Held for 1y 8m	$16.0B
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	0.00% $1.1M	1.40% 94.5K shares	Q3 2025 Held for 2 months	$317.45B
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	-	0.00% $166.4K	0.21% 14.0K shares	Q3 2025 Held for 2 months	$67.9B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	0.00% $902.7K	1.12% 75.8K shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
S STIFEL FINANCIAL CORP Long Only Manager	Adam Vartan Topalian CIO	0.00% $193.2K	0.24% 16.2K shares	Q3 2025 Held for 2 months	$109.37B
Creative Planning RIA/Wealth	Peter Alex Mallouk CEO	0.00% $163.8K	0.20% 13.8K shares	Q3 2024 Held for 1y 2m	$130.86B

Hedge Fund Spotlight

Discover hedge funds investing in SSBI

M3F, Inc.

Hedge Fund • Long/Short

Portfolio ManagerWilliam Chester Waller

Portfolio Value: $352.9M
Positions: 28
Last Reported: Q3 2025

Sector Allocation

Position in Summit State Bank

Market Value: $4.2M
Shares Held: 354.2K
Portfolio Weight: 1.20%
Owned Since: 2024-Q4

Top Holding	Sector	Market Value	Weight
1 Willis Lease Finance WLFC	Rental & Leasing Services Industrials	$83.1M	23.54%
2 Ponce Financial Group, Inc. PDLB	Banks - Regional Financial Services	$33.2M	9.40%
3 Air Lease AL	Rental & Leasing Services Industrials	$29.8M	8.44%