Shore Bancshares
SHBI
29 hedge funds and large institutions have $20.3M invested in Shore Bancshares in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 4 reducing their positions, and 3 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 4
32% more capital invested
Capital invested by funds: $15.4M → $20.3M (+$4.88M)
0% more funds holding
Funds holding: 29 → 29 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.79M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$935K |
| 3 |
Renaissance Technologies
New York
|
+$62.7K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$53.5K |
| 5 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$21.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCA
Hovde Capital Advisors
Madison,
Wisconsin
|
-$410K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$226K |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$174K |
| 4 |
Morgan Stanley
New York
|
-$54.2K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.08K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $2K | -$1.82K | -200 | -50% |
|
27
BNP Paribas Financial Markets
Paris,
France
| $111 | +$109 | +12 | New |
|
28
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $9 | +$8.73K | +960 | New |
|
|
HCA
29
Hovde Capital Advisors
Madison,
Wisconsin
| – | -$410K | -46,593 | Closed |
|
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$226K | -25,628 | Closed |
|
|
MCA
31
Mendon Capital Advisors
Key Largo,
Florida
| – | -$174K | -19,770 | Closed |
|
SHBI Hedge Fund Activity: Q4 2013 in Review
29 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q4 2013, worth a combined $20.3M — up 32% from $15.4M a quarter earlier.
Fund positioning in SHBI was balanced in Q4 2013: 3 funds opened new positions, 3 closed out, 14 added to existing stakes and 4 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $3.79M. The largest seller was Hovde Capital Advisors, exiting entirely with an estimated $410K sold.
- 29 institutional investors held Shore Bancshares (SHBI) as of Q4 2013, unchanged from Q3 2013.
- Funds reported $20.3M of Shore Bancshares stock for Q4 2013, up 32% quarter-over-quarter.
- 3 funds opened new Shore Bancshares positions in Q4 2013 and 3 closed out, a net change of 0 holders.
- The largest Shore Bancshares buyer in Q4 2013 was Wellington Management Group, an estimated $3.79M added.
- The largest Shore Bancshares seller in Q4 2013 was Hovde Capital Advisors, an estimated $410K sold.
Based on aggregated 13F filings for Q4 2013.