Latest SOUTH STATE CORP Stock Portfolio

$1.37Billion– No. of Holdings #634

SOUTH STATE CORP Performance:

2024 Q2: 1.92%YTD: 8.07%2023: 14.87%

Performance for 2024 Q2 is 1.92%, and YTD is 8.07%, and 2023 is 14.87%.

About SOUTH STATE CORP and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, SouthState Corp reported an equity portfolio of $1.4 Billions as of 30 Jun, 2024.

The top stock holdings of SouthState Corp are MSFT, AAPL, . The fund has invested 6.6% of it's portfolio in MICROSOFT CORP and 4.5% of portfolio in APPLE INC.

The fund managers got completely rid off PIMCO DYNAMIC INCOME FUND SHS, CYBERARK SOFTWARE LTD SHS (CYBR) and ICON PLC SHS (ICLR) stocks. They significantly reduced their stock positions in BAXTER INTERNATIONAL INC (BAX), SPDR SER TR PORTFOLIO INTRMD E (BIL) and RESMED INC (RMD). SouthState Corp opened new stock positions in ISHARES TR/ISHARES 0-3 MNTH TR (DMXF), SOUTHERN COPPER CORP (SCCO) and ROYCE SMALL CAP TRUST. The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD CONSUMER STAPLES ETF (VAW), NXP SEMICONDUCTORS ADR (NXPI) and WISDOMTREE TR US SMALLCAP DIVI (AGZD).

SOUTH STATE CORP Equity Portfolio Value

Last Reported on: 02 Aug, 2024

SOUTH STATE CORP Annual Return Estimates Vs S&P 500

Our best estimate is that SouthState Corp made a return of 1.92% in the last quarter. In trailing 12 months, it's portfolio return was 14.16%.

New Buys

Ticker	$ Bought
ishares tr/ishares 0-3 mnth tr	886,248
southern copper corp	467,484
royce small cap trust	274,525
spdr portfolio s&p 400 mid cap	264,708
the trade desk inc cl a	253,942
shopify inc cl b	158,520
jp morgan hedged equity etf	117,120
ishares 0-5 year high yield co	113,771

New stocks bought by SOUTH STATE CORP

Additions

Ticker	% Inc.
vanguard consumer staples etf	13,125
nxp semiconductors adr	12,385
vanguard industrials etf	4,466
wisdomtree tr us smallcap divi	3,608
vanguard growth etf	3,014
sempra com	900
arista networks inc	792
vulcan materials co	669

Additions to existing portfolio by SOUTH STATE CORP

Reductions

Ticker	% Reduced
kraft heinz co	-76.52
ishares gold tr new etf	-71.48
microchip technology inc	-64.52
sonoco products co	-59.92
charter communications inc cl	-54.45
american tower corp reit	-53.2
citigroup inc tier 1 preferred	-50.00
jp morgan chase preferred stoc	-50.00

SOUTH STATE CORP reduced stake in above stock

Sold off

None of the stocks were completely sold off by SOUTH STATE CORP

Sector Distribution

SouthState Corp has about 24.5% of it's holdings in Others sector.

Sector	%
Others	24.5
Technology	23.7
Healthcare	10.7
Financial Services	9.9
Consumer Defensive	8
Consumer Cyclical	7.5
Industrials	6.7
Communication Services	3.8
Energy	2.4
Utilities	1.7

Market Cap. Distribution

SouthState Corp has about 74.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	41.2
LARGE-CAP	33.5
UNALLOCATED	24.5

Stocks belong to which Index?

About 74% of the stocks held by SouthState Corp either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	74
Others	25.4

Top 5 Winners (%)		%
SMR	nuscale power corporation	120.2 %
SNAP	snap inc cl a	44.4 %
TPIC	tpi composites inc com	37.1 %
AAPL	apple inc	22.7 %
RIVN	rivian automotive inc com cl a	22.6 %

Top 5 Winners ($)		$
AAPL	apple inc	11.5 M
AVGO	broadcom inc	7.7 M
MSFT	microsoft corp	5.3 M
GOOG	alphabet inc cl c	4.0 M
COST	costco whsl corp new	2.9 M

Top 5 Losers (%)		%
CMG	chipotle mexican grill inc	-95.5 %
NVDA	nvidia corp	-54.1 %
FCEL	fuelcell energy inc com	-46.3 %
EVLV	evolv technologies hldngs inc	-42.7 %
SAGE	sage therapeutics inc	-42.0 %

Top 5 Losers ($)		$
NVDA	nvidia corp	-4.4 M
MA	mastercard inc-a	-2.4 M
HD	home depot inc	-2.2 M
PH	parker hannifin corp com	-1.4 M
V	visa inc	-1.3 M

SOUTH STATE CORP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of SOUTH STATE CORP

SouthState Corp has 634 stocks in it's portfolio. About 30.4% of the portfolio is in top 10 stocks. NVDA proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for SouthState Corp last quarter.

Last Reported on: 02 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.01	1,584	205,334	added	0.57

AAPL	apple inc	4.54	295,296	62,195,100	added	1.25

AAXJ	ishares tr ishs 1-5yr invs	0.41	108,671	5,568,300	reduced	-1.89

AAXJ	ishares preferred & income sec	0.22	93,183	2,939,920	added	2.48

AAXJ	ishares msci eafe value etf	0.09	24,296	1,288,660	reduced	-3.72

AAXJ	ishares tr shrt nat mun etf	0.00	481	50,289	reduced	-10.59

AAXJ	ishares global timber & forest	0.00	275	21,552	unchanged	0.00

AAXJ	ishares tr intl div etf	0.00	649	17,958	new

ABBV	abbvie inc	0.95	75,861	13,011,700	added	8.88

ABNB	airbnb inc cl a	0.01	1,079	163,609	reduced	-5.27

ABT	abbott labs	0.39	51,155	5,315,520	added	0.76

ACN	accenture plc adr	0.73	33,017	10,017,700	added	37.67

ACSG	dbx etf tr xtrack msci eafe	0.00	502	20,803	unchanged	0.00

ACWF	ishares core dividend growth e	0.06	15,029	865,821	added	31.95

ACWF	ishares 0-5 year high yield co	0.01	2,696	113,771	new

ACWF	ishares msci usa small-cap mul	0.00	675	41,317	unchanged	0.00

ADBE	adobe inc	1.68	41,523	23,067,700	added	0.78

ADI	analog devices inc	0.00	225	51,359	added	28.57

ADM	archer daniels midland co	0.00	506	30,588	reduced	-23.91

ADP	automatic data processing inc	0.32	18,194	4,342,730	added	0.95