First Trust Advisors Increases Stake in SouthState Bank

Investment firm grows holdings in regional bank by 16.4% in Q3

Published on Mar. 10, 2026

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First Trust Advisors LP, an institutional investor, increased its stake in SouthState Bank Corporation (NYSE:SSB) by 16.4% in the third quarter, according to a recent SEC filing. The firm now owns 881,509 shares of the company's stock, worth approximately $87.16 million.

Why it matters

This investment signals that First Trust Advisors sees growth potential in SouthState Bank, a regional bank headquartered in Winter Haven, Florida. The increased stake could indicate the firm's confidence in the bank's performance and future prospects.

The details

According to the filing, First Trust Advisors purchased an additional 124,417 shares of SouthState Bank in the third quarter, bringing its total holdings to 881,509 shares. This represents approximately 0.88% of the company's outstanding stock. The investment firm cited the bank's strong financial position and growth opportunities as reasons for the increased stake.

  • First Trust Advisors filed the 13F form disclosing the increased stake on March 10, 2026.
  • The firm grew its holdings in SouthState Bank during the third quarter of 2025.

The players

First Trust Advisors LP

An institutional investment firm that manages a variety of mutual funds, exchange-traded funds, and other investment products.

SouthState Bank Corporation

A regional bank headquartered in Winter Haven, Florida that provides commercial and retail banking services, including lending, deposit, and treasury management solutions.

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The takeaway

The increased investment by First Trust Advisors in SouthState Bank suggests the firm sees long-term growth potential in the regional bank, which could signal positive developments for the company's future performance and shareholder value.