We are live on ! Find out more
SHBI icon

Shore Bancshares
SHBI

70 hedge funds and large institutions have $97.4M invested in Shore Bancshares in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 22 increasing their positions, 30 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.66% more ownership

Funds ownership: 69.81% → 71.47% (+1.7%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

8% less funds holding

Funds holding: 76 → 70 (-6)

27% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 30

37% less capital invested

Capital invested by funds: $154M → $97.4M (-$56.4M)

67% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 9

Holders
70
Holders Change
-6
Holders Change %
-7.89%
% of All Funds
1.54%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
3
Increased
22
Reduced
30
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FL
Fourthstone LLC
Missouri
+$2.44M
2
Franklin Resources
Franklin Resources
California
+$857K
3
Russell Investments Group
Russell Investments Group
United Kingdom
+$715K
4
PCM
Penn Capital Management
Pennsylvania
+$232K
5
EC
EJF Capital
Virginia
+$228K

Top Sellers

Rank Fund Capital Flow
1
BCM
Bridgeway Capital Management
Texas
-$732K
2
Millennium Management
Millennium Management
New York
-$583K
3
AllianceBernstein
AllianceBernstein
Tennessee
-$412K
4
Renaissance Technologies
Renaissance Technologies
New York
-$405K
5
MAM
Martingale Asset Management
Massachusetts
-$238K
Name Holding Trade Value Shares
Change 		Change in
Stake
Acadian Asset Management
26
Acadian Asset Management
Massachusetts
$716K -$31.6K -2,161 -3%
AllianceBernstein
27
AllianceBernstein
Tennessee
$684K -$412K -28,197 -31%
Franklin Resources
28
Franklin Resources
California
$637K +$857K +58,700 New
GC
29
Globeflex Capital
California
$603K -$236K -16,168 -23%
HIM
30
Hillsdale Investment Management
Ontario, Canada
$595K -$136K -9,300 -14%
Stifel Financial
31
Stifel Financial
Missouri
$552K – – –
N
32
Nuveen
North Carolina
$539K -$891 -61 -0.1%
Russell Investments Group
33
Russell Investments Group
United Kingdom
$539K +$715K +48,981 +6,765%
GHAM
34
Gilman Hill Asset Management
Connecticut
$523K – – –
MAM
35
Martingale Asset Management
Massachusetts
$522K -$238K -16,305 -25%
RhumbLine Advisers
36
RhumbLine Advisers
Massachusetts
$366K +$203K +13,890 +70%
Charles Schwab
37
Charles Schwab
California
$344K +$8.08K +553 +2%
SO
38
STRS Ohio
Ohio
$303K -$86.2K -5,900 -17%
Wells Fargo
39
Wells Fargo
California
$301K +$25.1K +1,718 +7%
California Public Employees Retirement System
40
California Public Employees Retirement System
California
$299K -$4.38K -300 -1%
Jacobs Levy Equity Management
41
Jacobs Levy Equity Management
New Jersey
$235K +$47.2K +3,234 +18%
Goldman Sachs
42
Goldman Sachs
New York
$226K -$51.6K -3,536 -15%
Bessemer Group
43
Bessemer Group
New Jersey
$217K – – –
California State Teachers Retirement System (CalSTRS)
44
California State Teachers Retirement System (CalSTRS)
California
$217K +$3.29K +225 +1%
Bank of America
45
Bank of America
North Carolina
$185K -$119K -8,150 -32%
New York State Common Retirement Fund
46
New York State Common Retirement Fund
New York
$140K – – –
PPA
47
Parametric Portfolio Associates
Washington
$130K -$25K -1,715 -12%
Citadel Advisors
48
Citadel Advisors
Florida
$120K +$161K +11,042 New
UBS Group
49
UBS Group
Switzerland
$99K -$119K -8,127 -47%
Royal Bank of Canada
50
Royal Bank of Canada
Ontario, Canada
$94K +$11.5K +785 +10%
1
2
3 4

SHBI Hedge Fund Activity: Q1 2020 in Review

70 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q1 2020, worth a combined $97.4M — down 37% from $154M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of SHBI and 3 opened new positions — a net loss of 6 holders — while 30 trimmed existing stakes and 22 added.

The largest buyer was Fourthstone LLC, adding an estimated $2.44M. The largest seller was Bridgeway Capital Management, cutting an estimated $732K.

  • 70 institutional investors held Shore Bancshares (SHBI) as of Q1 2020, down from 76 in Q4 2019.
  • Funds reported $97.4M of Shore Bancshares stock for Q1 2020, down 37% quarter-over-quarter.
  • 3 funds opened new Shore Bancshares positions in Q1 2020 and 9 closed out, a net change of -6 holders.
  • The largest Shore Bancshares buyer in Q1 2020 was Fourthstone LLC, an estimated $2.44M added.
  • The largest Shore Bancshares seller in Q1 2020 was Bridgeway Capital Management, an estimated $732K sold.

Based on aggregated 13F filings for Q1 2020.