Dimensional Fund Advisors owns 4.93M SSB shares (5.0%) — SSB
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Dimensional Fund Advisors reports beneficial ownership of 4,934,851 shares (5.0%) of SouthState Bank Corp Common Stock. The filing states Dimensional's role as investment adviser to multiple funds that own these shares, notes sole voting power of 4,847,485 shares and sole dispositive power of 4,934,851 shares, and explicitly disclaims beneficial ownership while attributing the securities to the Funds.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 4,934,851 shares
Percent of class: 5.0%
Sole voting power: 4,847,485 shares
+1 more
4 metrics
Beneficially owned shares
4,934,851 shares
Amount beneficially owned reported in Schedule 13G
Percent of class
5.0%
Percent of Common Stock reported
Sole voting power
4,847,485 shares
Shares with sole power to vote reported by filer
Sole dispositive power
4,934,851 shares
Shares with sole power to dispose reported by filer
Key Terms
Schedule 13G, beneficially owned, sole dispositive power, Investment Company Act
4 terms
Schedule 13G regulatory
"Item 1. (a) Name of issuer: SOUTHSTATE BANK CORP"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Item 4. Ownership (a) Amount beneficially owned: 4,934,851"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power regulatory
"Item 4. (c)(iii) Sole power to dispose: 4,934,851"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Investment Company Act regulatory
"furnishes investment advice to four investment companies registered under the Investment Company Act"
The Investment Company Act is a law that sets rules for businesses whose main activity is managing and selling pooled money, such as mutual funds and other investment funds. It matters to investors because it requires clear reporting, limits managers from putting their own interests ahead of clients, and mandates safekeeping and oversight of assets—similar to safety inspections and traffic rules that help keep shared vehicles reliable and trustworthy.
FAQ
What does Dimensional's Schedule 13G filing for SSB disclose?
It discloses 4,934,851 shares beneficially owned, representing 5.0% of Common Stock. It also states sole voting power: 4,847,485 and sole dispositive power: 4,934,851 held via funds advised by Dimensional.
How much voting power does Dimensional report for SSB?
The filing reports sole voting power of 4,847,485 shares. It also reports 0 shared voting power, reflecting Dimensional's reported voting control over that block through its advisory role.
Is any single fund reported to own more than 5% of SSB?
No. The filing states that, to Dimensional's knowledge, the interest of any one Fund does not exceed 5% of the class, and the aggregate ownership reported is 5.0% across the Funds.
Who signed the Schedule 13G for Dimensional regarding SSB?
The filing is signed by Selwyn Notelovitz, identified as Global Chief Compliance Officer, with the signature date of 04/09/2026 on the submitted schedule.