Shore Bancshares
SHBI
36 hedge funds and large institutions have $50.8M invested in Shore Bancshares in 2015 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 16 increasing their positions, 4 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 4
4% more capital invested
Capital invested by funds: $49M → $50.8M (+$1.76M)
3% less funds holding
Funds holding: 37 → 36 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Corbyn Investment Management
Lutherville,
Maryland
|
+$919K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$536K |
| 3 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$379K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$280K |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.19M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$770K |
| 3 |
BCM
Basswood Capital Management
New York
|
-$327K |
| 4 |
Morgan Stanley
New York
|
-$40.3K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.73K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northern Trust
Chicago,
Illinois
| $164K | +$1.54K | +165 | +1% |
|
27
Bank of New York Mellon
New York
| $104K | +$103K | +11,039 | New |
|
28
UBS Group
Zurich,
Switzerland
| $49K | +$2.13K | +228 | +5% |
|
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $42K | -$4.73K | -507 | -10% |
|
|
BA
30
BlackRock Advisors
Wilmington,
Delaware
| $35K | – | – | – |
|
|
BIM
31
BlackRock Investment Management
Wilmington,
Delaware
| $20K | – | – | – |
|
|
TDC
32
Thompson Davis & Co
Richmond,
Virginia
| $20K | – | – | – |
|
33
Acadian Asset Management
Boston,
Massachusetts
| $10K | – | – | – |
|
34
Bank of America
Charlotte,
North Carolina
| $8K | – | – | – |
|
|
35
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $4.05K | +$280K | +30,000 | +8% |
|
|
GC
36
Globeflex Capital
San Diego,
California
| $1K | – | – | – |
|
|
EMFAT
37
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
| – | -$770K | -84,050 | Closed |
|
38
Wells Fargo
San Francisco,
California
| – | -$9 | -1 | Closed |
|
SHBI Hedge Fund Activity: Q2 2015 in Review
36 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q2 2015, worth a combined $50.8M — up 3.6% from $49M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SHBI and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 16 added.
The largest buyer was Corbyn Investment Management, adding an estimated $919K. The largest seller was Wellington Management Group, cutting an estimated $1.19M.
- 36 institutional investors held Shore Bancshares (SHBI) as of Q2 2015, down from 37 in Q1 2015.
- Funds reported $50.8M of Shore Bancshares stock for Q2 2015, up 3.6% quarter-over-quarter.
- 1 fund opened new Shore Bancshares positions in Q2 2015 and 2 closed out, a net change of -1 holder.
- The largest Shore Bancshares buyer in Q2 2015 was Corbyn Investment Management, an estimated $919K added.
- The largest Shore Bancshares seller in Q2 2015 was Wellington Management Group, an estimated $1.19M sold.
Based on aggregated 13F filings for Q2 2015.