Shore Bancshares
SHBI
38 hedge funds and large institutions have $55.4M invested in Shore Bancshares in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 19 increasing their positions, 4 reducing their positions, and 0 closing their positions.
375% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 4
9% more capital invested
Capital invested by funds: $50.8M → $55.4M (+$4.59M)
6% more funds holding
Funds holding: 36 → 38 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$869K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$519K |
| 3 |
MCM
Maltese Capital Management
New York
|
+$413K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$322K |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$313K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$264K |
| 2 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
-$85.4K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$16.9K |
| 4 |
Morgan Stanley
New York
|
-$16.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northern Trust
Chicago,
Illinois
| $175K | +$7.2K | +759 | +4% |
|
27
Stifel Financial
St. Louis,
Missouri
| $153K | +$149K | +15,725 | New |
|
28
Bank of New York Mellon
New York
| $107K | +$9 | +1 | +0% |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $56K | +$12.3K | +1,300 | +28% |
|
|
BA
30
BlackRock Advisors
Wilmington,
Delaware
| $36K | – | – | – |
|
|
31
UBS Group
Zurich,
Switzerland
| $33K | -$16.9K | -1,779 | -35% |
|
|
TDC
32
Thompson Davis & Co
Richmond,
Virginia
| $21K | +$38 | +4 | +0.2% |
|
|
BIM
33
BlackRock Investment Management
Wilmington,
Delaware
| $20K | – | – | – |
|
34
Acadian Asset Management
Boston,
Massachusetts
| $10K | – | – | – |
|
35
Bank of America
Charlotte,
North Carolina
| $9K | – | – | – |
|
|
36
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $4.51K | +$322K | +34,000 | +8% |
|
|
GC
37
Globeflex Capital
San Diego,
California
| $1K | – | – | – |
|
38
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$313 | +33 | New |
|
SHBI Hedge Fund Activity: Q3 2015 in Review
38 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q3 2015, worth a combined $55.4M — up 9% from $50.8M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SHBI positions and 0 closed out — a net gain of 2 holders — while 19 added to existing stakes and 4 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $869K. The largest seller was Wellington Management Group, cutting an estimated $264K.
- 38 institutional investors held Shore Bancshares (SHBI) as of Q3 2015, up from 36 in Q2 2015.
- Funds reported $55.4M of Shore Bancshares stock for Q3 2015, up 9% quarter-over-quarter.
- 2 funds opened new Shore Bancshares positions in Q3 2015 and 0 closed out, a net change of +2 holders.
- The largest Shore Bancshares buyer in Q3 2015 was Basswood Capital Management, an estimated $869K added.
- The largest Shore Bancshares seller in Q3 2015 was Wellington Management Group, an estimated $264K sold.
Based on aggregated 13F filings for Q3 2015.