Suffolk Bancorp
SCNB
SCNB was delisted on the 31st of March, 2017.
63 hedge funds and large institutions have $122M invested in Suffolk Bancorp in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 26 reducing their positions, and 6 closing their positions.
6% less funds holding
Funds holding: 67 → 63 (-4)
18% less capital invested
Capital invested by funds: $149M → $122M (-$27M)
38% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 26
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$2.15M |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$364K |
| 3 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$341K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$289K |
| 5 |
Morgan Stanley
New York
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIG
Blackthorn Investment Group
Overland Park,
Kansas
|
-$530K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$433K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$363K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$363K |
| 5 |
JP Morgan Chase
New York
|
-$195K |
SCNB Hedge Fund Activity: Q3 2014 in Review
63 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Suffolk Bancorp (SCNB) for Q3 2014, worth a combined $122M — down 18% from $149M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SCNB and 3 opened new positions — a net loss of 3 holders — while 26 trimmed existing stakes and 16 added.
The largest buyer was Basswood Capital Management, adding an estimated $2.15M. The largest seller was Blackthorn Investment Group, exiting entirely with an estimated $530K sold.
- 63 institutional investors held Suffolk Bancorp (SCNB) as of Q3 2014, down from 67 in Q2 2014.
- Funds reported $122M of Suffolk Bancorp stock for Q3 2014, down 18% quarter-over-quarter.
- 3 funds opened new Suffolk Bancorp positions in Q3 2014 and 6 closed out, a net change of -3 holders.
- The largest Suffolk Bancorp buyer in Q3 2014 was Basswood Capital Management, an estimated $2.15M added.
- The largest Suffolk Bancorp seller in Q3 2014 was Blackthorn Investment Group, an estimated $530K sold.
Based on aggregated 13F filings for Q3 2014.