Suffolk Bancorp
SCNB
SCNB was delisted on the 31st of March, 2017.
65 hedge funds and large institutions have $124M invested in Suffolk Bancorp in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 27 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
19% more capital invested
Capital invested by funds: $104M → $124M (+$19.9M)
3% more funds holding
Funds holding: 63 → 65 (+2)
37% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$9.28M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.54M |
| 3 |
Morgan Stanley
New York
|
+$334K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$312K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$312K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$4.46M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$4.21M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$1.06M |
| 4 |
RBLCM
Roaring Blue Lion Capital Management
Dallas,
Texas
|
-$699K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$243K |
SCNB Hedge Fund Activity: Q4 2013 in Review
65 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Suffolk Bancorp (SCNB) for Q4 2013, worth a combined $124M — up 19% from $104M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SCNB positions and 4 closed out — a net gain of 3 holders — while 17 added to existing stakes and 27 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $9.28M. The largest seller was Stieven Capital Advisors, exiting entirely with an estimated $4.46M sold.
- 65 institutional investors held Suffolk Bancorp (SCNB) as of Q4 2013, up from 63 in Q3 2013.
- Funds reported $124M of Suffolk Bancorp stock for Q4 2013, up 19% quarter-over-quarter.
- 7 funds opened new Suffolk Bancorp positions in Q4 2013 and 4 closed out, a net change of +3 holders.
- The largest Suffolk Bancorp buyer in Q4 2013 was Basswood Capital Management, an estimated $9.28M added.
- The largest Suffolk Bancorp seller in Q4 2013 was Stieven Capital Advisors, an estimated $4.46M sold.
Based on aggregated 13F filings for Q4 2013.