Southstate Corp.
SouthState Corporation, now SouthState Bank Corporation, is a publicly-traded regional bank holding company headquartered in Winter Haven, Florida, United States. The company has a long history in the southeastern U.S., originally incorporated in South Carolina but completed a re-incorporation merger into Florida in 2025. SouthState Corp offers commercial and consumer banking products, retail and business deposits, lending, and wealth management solutions. The firm serves individuals, small businesses, corporations, and institutions primarily across the Southeast. It has grown through several mergers and acquisitions—including a notable acquisition completed in 2025—and is listed on the NYSE under ticker SSB.
Investment Strategy
SouthState Corporation's investment strategy focuses on providing diversified banking services in the Southeast United States through organic growth and targeted mergers and acquisitions. The bank seeks to maintain strong credit discipline, prudent risk management, and a local-market-centric approach. SouthState aims to deliver value to shareholders by balancing revenue growth with operational efficiency, emphasizing customer relationships, community involvement, and stability. Its strategy includes a mix of retail banking, commercial lending, treasury management, trust, and investment services.
Top Holdings
Equity Positions (1,563)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 5.88% | $134.4M | 270,292 | $153.22 | $497.41 | +$31.5M |
A AAPL | APPLE INC | 4.48% | $102.4M | 499,316 | $132.98 | $205.17 | -$11.0M |
A AVGO | BROADCOM INC | 2.89% | $66.0M | 239,591 | $59.48 | $275.65 | +$26.5M |
B BRK-B | BERKSHIRE HATHAWAY INC DEL | 2.77% | $63.4M | 130,565 | $235.72 | $485.77 | -$2.1M |
V V | VISA INC | 2.72% | $62.2M | 175,146 | $236.37 | $355.05 | -$1.2M |
Options Positions (2)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
A AAPL | APPLE INC | New | Put | $615.5K | 30 | $205.17 | $205.17 | +30 | +$615.5K |
V V | VISA INC | New | Put | $319.5K | 9 | $355.05 | $355.05 | +9 | +$319.5K |