13F-HR: SouthState Corp Discloses Q2 2024 13F Holdings, Valued at $1.37 Billion
13F Holdings Report
SouthState Corp's latest 13F filing reveals their holdings as of June 30, 2024, totaling $1.37 billion across 925 positions.
Summary
- SouthState Corp's Form 13F filing for the quarter ended June 30, 2024, discloses holdings valued at $1,369,553,179.
- The filing includes 925 holdings.
- The report lists SouthState Bank, National Association and South State Advisory, Inc. as other included managers.
- The filing was signed by William E. Matthews, V, Senior Executive Vice President, CFO on August 2, 2024.
Sentiment
Score: 7
Explanation: The document is a standard 13F filing, which is factual and neutral in tone. The sentiment is moderately positive as it provides transparency into the company's investment holdings.
Positives
- The filing provides a comprehensive overview of SouthState Corp's investment portfolio as of June 30, 2024.
- The detailed list of holdings allows for analysis of the firm's investment strategy and sector preferences.
Industry Context
13F filings are a standard requirement for institutional investment managers with over $100 million in assets under management, providing transparency into their investment holdings and strategies.
Comparison to Industry Standards
- Comparing SouthState Corp's holdings to those of similar-sized financial institutions can provide insights into their relative investment strategies and risk profiles.
- For example, comparing their allocation to technology stocks versus financial stocks against peers like Truist Financial or Regions Financial could reveal differences in their investment outlook.
- Analyzing their ETF holdings against benchmarks like the iShares Core S&P 500 ETF (IVV) or Vanguard Total Stock Market ETF (VTI) can indicate their approach to passive versus active management.
Stakeholder Impact
- Shareholders can use this information to understand the investment strategy of SouthState Corp.
- The filing provides transparency to the market regarding the company's holdings.
Key Dates
| Date | Description |
|---|---|
| 06-30-2024 | Report for the Calendar Year or Quarter Ended |
| 08-02-2024 | Date of Signing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.