Suffolk Bancorp
SCNB
SCNB was delisted on the 31st of March, 2017.
90 hedge funds and large institutions have $302M invested in Suffolk Bancorp in 2016 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 25 increasing their positions, 25 reducing their positions, and 4 closing their positions.
450% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 4
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
25% more funds holding
Funds holding: 72 → 90 (+18)
21% more capital invested
Capital invested by funds: $249M → $302M (+$52.8M)
0% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$5.85M |
| 2 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
+$3.81M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.33M |
| 4 |
Renaissance Technologies
New York
|
+$1.88M |
| 5 |
Goldman Sachs
New York
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$14.2M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$11.4M |
| 3 |
Morgan Stanley
New York
|
-$5.07M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$4.59M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.14M |
SCNB Hedge Fund Activity: Q4 2016 in Review
90 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Suffolk Bancorp (SCNB) for Q4 2016, worth a combined $302M — up 21% from $249M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SCNB positions and 4 closed out — a net gain of 18 holders — while 25 added to existing stakes and 25 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $5.85M. The largest seller was Carlson Capital, cutting an estimated $14.2M.
- 90 institutional investors held Suffolk Bancorp (SCNB) as of Q4 2016, up from 72 in Q3 2016.
- Funds reported $302M of Suffolk Bancorp stock for Q4 2016, up 21% quarter-over-quarter.
- 22 funds opened new Suffolk Bancorp positions in Q4 2016 and 4 closed out, a net change of +18 holders.
- The largest Suffolk Bancorp buyer in Q4 2016 was BNP Paribas Financial Markets, an estimated $5.85M added.
- The largest Suffolk Bancorp seller in Q4 2016 was Carlson Capital, an estimated $14.2M sold.
Based on aggregated 13F filings for Q4 2016.