Shore Bancshares
SHBI
29 hedge funds and large institutions have $15.4M invested in Shore Bancshares in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 15 increasing their positions, 6 reducing their positions, and 3 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 6
33% more capital invested
Capital invested by funds: $11.6M → $15.4M (+$3.84M)
6% less funds holding
Funds holding: 31 → 29 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$226K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$172K |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$161K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$93.2K |
| 5 |
HCA
Hovde Capital Advisors
Madison,
Wisconsin
|
+$58.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIG
Blackthorn Investment Group
Overland Park,
Kansas
|
-$164K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$97.4K |
| 3 |
Bank of New York Mellon
New York
|
-$83K |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$81.4K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$42.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $8K | -$171 | -21 | -2% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $4K | +$1.83K | +225 | +129% |
|
|
SJ
28
Stilwell Joseph
| $3K | – | – | – |
|
|
BIG
29
Blackthorn Investment Group
Overland Park,
Kansas
| – | -$164K | -22,255 | Closed |
|
|
30
Bank of New York Mellon
New York
| – | -$83K | -11,400 | Closed |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -198 | Closed |
|
SHBI Hedge Fund Activity: Q3 2013 in Review
29 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q3 2013, worth a combined $15.4M — up 33% from $11.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SHBI and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 15 added.
The largest buyer was Emerald Mutual Fund Advisers Trust, adding an estimated $226K. The largest seller was Blackthorn Investment Group, exiting entirely with an estimated $164K sold.
- 29 institutional investors held Shore Bancshares (SHBI) as of Q3 2013, down from 31 in Q2 2013.
- Funds reported $15.4M of Shore Bancshares stock for Q3 2013, up 33% quarter-over-quarter.
- 1 fund opened new Shore Bancshares positions in Q3 2013 and 3 closed out, a net change of -2 holders.
- The largest Shore Bancshares buyer in Q3 2013 was Emerald Mutual Fund Advisers Trust, an estimated $226K added.
- The largest Shore Bancshares seller in Q3 2013 was Blackthorn Investment Group, an estimated $164K sold.
Based on aggregated 13F filings for Q3 2013.