Suffolk Bancorp
SCNB
SCNB was delisted on the 31st of March, 2017.
72 hedge funds and large institutions have $249M invested in Suffolk Bancorp in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 20 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
9% more capital invested
Capital invested by funds: $228M → $249M (+$21.6M)
17% less funds holding
Funds holding: 87 → 72 (-15)
70% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.4M |
| 2 |
CCM
Chicago Capital Management
Chicago,
Illinois
|
+$4.25M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$3.91M |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
+$2.06M |
| 5 |
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Clover Partners
Dallas,
Texas
|
-$7.58M |
| 2 |
UM
Ulysses Management
New York
|
-$3.15M |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$1.84M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.18M |
SCNB Hedge Fund Activity: Q3 2016 in Review
72 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Suffolk Bancorp (SCNB) for Q3 2016, worth a combined $249M — up 9.5% from $228M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SCNB and 6 opened new positions — a net loss of 14 holders — while 17 trimmed existing stakes and 25 added.
The largest buyer was Morgan Stanley, adding an estimated $10.4M. The largest seller was Clover Partners, exiting entirely with an estimated $7.58M sold.
- 72 institutional investors held Suffolk Bancorp (SCNB) as of Q3 2016, down from 87 in Q2 2016.
- Funds reported $249M of Suffolk Bancorp stock for Q3 2016, up 9.5% quarter-over-quarter.
- 6 funds opened new Suffolk Bancorp positions in Q3 2016 and 20 closed out, a net change of -14 holders.
- The largest Suffolk Bancorp buyer in Q3 2016 was Morgan Stanley, an estimated $10.4M added.
- The largest Suffolk Bancorp seller in Q3 2016 was Clover Partners, an estimated $7.58M sold.
Based on aggregated 13F filings for Q3 2016.