Shore Bancshares
SHBI
37 hedge funds and large institutions have $49.6M invested in Shore Bancshares in 2014 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 0 closing their positions.
5% more capital invested
Capital invested by funds: $47.2M → $49.6M (+$2.42M)
3% more funds holding
Funds holding: 36 → 37 (+1)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$1.32M |
| 2 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$1.26M |
| 3 |
GJL
Gendell Jeffrey L
|
+$623K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$531K |
| 5 |
BIG
Blackthorn Investment Group
Overland Park,
Kansas
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$2.39M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$454K |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$291K |
| 4 |
Morgan Stanley
New York
|
-$119K |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$107K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
California Public Employees Retirement System
Sacramento,
California
| $233K | – | – | – |
|
|
BIG
27
Blackthorn Investment Group
Overland Park,
Kansas
| $206K | +$203K | +22,000 | New |
|
28
Northern Trust
Chicago,
Illinois
| $172K | -$813 | -88 | -0.5% |
|
|
BA
29
BlackRock Advisors
Wilmington,
Delaware
| $34K | – | – | – |
|
|
BIM
30
BlackRock Investment Management
Wilmington,
Delaware
| $20K | – | – | – |
|
|
TDC
31
Thompson Davis & Co
Richmond,
Virginia
| $20K | – | – | – |
|
32
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $9K | – | – | – |
|
33
Bank of America
Charlotte,
North Carolina
| $8K | – | – | – |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| $7K | -$7.76K | -840 | -53% |
|
35
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3.72K | -$11.3K | -1,222 | -0.3% |
|
36
UBS Group
Zurich,
Switzerland
| $3K | +$3.23K | +350 | New |
|
SHBI Hedge Fund Activity: Q4 2014 in Review
37 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q4 2014, worth a combined $49.6M — up 5.1% from $47.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SHBI positions and 0 closed out — a net gain of 3 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Maltese Capital Management, adding an estimated $1.32M. The largest seller was Basswood Capital Management, cutting an estimated $2.39M.
- 37 institutional investors held Shore Bancshares (SHBI) as of Q4 2014, up from 36 in Q3 2014.
- Funds reported $49.6M of Shore Bancshares stock for Q4 2014, up 5.1% quarter-over-quarter.
- 3 funds opened new Shore Bancshares positions in Q4 2014 and 0 closed out, a net change of +3 holders.
- The largest Shore Bancshares buyer in Q4 2014 was Maltese Capital Management, an estimated $1.32M added.
- The largest Shore Bancshares seller in Q4 2014 was Basswood Capital Management, an estimated $2.39M sold.
Based on aggregated 13F filings for Q4 2014.