First Quadrant’s Shenandoah Telecom SHEN Stock Holding History

First Quadrant’s Portfolio SHEN Stock Details SHEN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q2	–	Sell	-1,922	Closed	-$85K	–	748
2019 Q1	$85K	Sell	1,922 -13,161	-87%	-$618K	0.01%	602
2018 Q4	$667K	Buy	+15,083	New	+$644K	0.05%	304
2016 Q4	–	Sell	-9,100	Closed	-$248K	–	899
2016 Q3	$248K	Sell	9,100 -31,200	-77%	-$1M	0.01%	624
2016 Q2	$1.57M	Buy	40,300 +32,400	+410%	+$1M	0.03%	325
2016 Q1	$211K	Buy	+7,900	New	+$182K	﹤0.01%	571

Other funds holding SHEN

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

CPP

Crow Point Partners Boston, Massachusetts $64M AUM 33.5% 1-Year Est. Return

TCM

TimesSquare Capital Management New York $5.89B AUM 28.74% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

First Quadrant's SHEN Position: Q2 2019 in Review

First Quadrant sold out of Shenandoah Telecom (SHEN) in Q2 2019, closing a stake of 1,922 shares — an estimated $85K sold.

First Quadrant first reported a position in SHEN in Q1 2016 and held it in 5 quarters. The position peaked at $1.57M in Q2 2016. 153 funds tracked by Wall St. Rank hold SHEN as of Q2 2019.

First Quadrant reported no remaining Shenandoah Telecom position as of Q2 2019 after selling out during the quarter.
First Quadrant sold 1,922 Shenandoah Telecom shares in Q2 2019, an estimated $85K.
First Quadrant first reported a position in Shenandoah Telecom in Q1 2016 and held it in 5 quarters.
First Quadrant's Shenandoah Telecom position peaked at $1.57M in Q2 2016.
153 funds tracked by Wall St. Rank held Shenandoah Telecom as of Q2 2019.

Based on First Quadrant's 13F filing for Q2 2019, filed 24 Jul 2019.