Franklin Resources Decreases Stake in SouthState Bank

Asset manager reduces holdings in regional bank by 9.3% in Q3 2025

Mar. 13, 2026 at 8:34am

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Franklin Resources Inc. lessened its holdings in shares of SouthState Bank Corporation (NYSE:SSB) by 9.3% in the third quarter, according to the company's recent SEC filing. The institutional investor owned 1,607,941 shares of the company's stock as of its most recent filing, valued at $158,977,000.

Why it matters

This move by a major asset manager like Franklin Resources could signal a shift in sentiment around SouthState Bank, which has seen its stock price fluctuate over the past year. The regional bank's performance and outlook will be closely watched by investors and analysts.

The details

Franklin Resources sold 164,017 shares of SouthState Bank in Q3 2025, reducing its total stake in the company to 1,607,941 shares. Other hedge funds have also recently adjusted their positions in SSB, with some increasing their holdings while others, like Franklin, decreased their exposure.

  • Franklin Resources filed its Q3 2025 13F report in mid-March 2026.

The players

Franklin Resources Inc.

A global investment management organization and one of the largest asset managers in the world, with over $1.5 trillion in assets under management.

SouthState Bank Corporation

A regional bank holding company headquartered in Winter Haven, Florida that provides commercial and retail banking services across the Southeast United States.

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The takeaway

This move by a major institutional investor like Franklin Resources could signal broader shifts in sentiment around SouthState Bank's stock and the regional banking sector more broadly. Investors will be closely watching the bank's performance and any further changes in institutional ownership.