SALZHAUER MICHAEL

SouthState Bank Corp's CUSIP was reissued this quarter, and Salzhauer Michael's filing technically shows it as a $2.97 million sale paired with a $2.92 million purchase — but the share count itself never moved: 31,581 shares before, 31,581 after. It's one of several genuinely static positions in this 75-name, all-financials book — JPMorgan (3,215 shares), Apple (3,418 shares), PNC (9,598 shares), and WSFS Financial (19,329 shares) all sat completely unchanged too. That stillness sits beside real, sizable buying elsewhere: Citigroup grew 63.8% in share count, a genuine $11.4 million purchase, and Bank of America grew 14.2% (a real $7.1 million buy) even as its reported value fell $26.7 million on price alone. Four full exits — led by a $7.6 million Synovus Financial liquidation — freed capital for new stakes in Fifth Third Bancorp and Commerce Bancshares.