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Shore Bancshares
SHBI

70 hedge funds and large institutions have $153M invested in Shore Bancshares in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 27 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

233% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 3

26% more capital invested

Capital invested by funds: $121M → $153M (+$31.6M)

9% more funds holding

Funds holding: 64 → 70 (+6)

7.45% more ownership

Funds ownership: 69.16% → 76.61% (+7.4%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

37% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 27

Holders
70
Holders Change
+6
Holders Change %
+9.38%
% of All Funds
1.23%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
10
Increased
17
Reduced
27
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FCM
FJ Capital Management
Virginia
+$5.76M
2
BCM
Basswood Capital Management
New York
+$3.75M
3
HAI
Hennessy Advisors Inc
California
+$1M
4
BlackRock
BlackRock
New York
+$838K
5
MCM
Maltese Capital Management
New York
+$770K

Top Sellers

Rank Fund Capital Flow
1
KCM
Kennedy Capital Management
Missouri
-$1.78M
2
ACM
Ategra Capital Management
Virginia
-$713K
3
State Street
State Street
Massachusetts
-$587K
4
FL
Fourthstone LLC
Missouri
-$431K
5
Russell Investments Group
Russell Investments Group
United Kingdom
-$362K
Name Holding Trade Value Shares
Change 		Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$1.31M -$29.9K -1,941 -2%
HAI
27
Hennessy Advisors Inc
California
$1.11M +$1M +65,000 New
PPA
28
Parametric Portfolio Associates
Washington
$949K -$8.19K -532 -0.9%
N
29
Nuveen
North Carolina
$898K -$27K -1,751 -3%
Stifel Financial
30
Stifel Financial
Missouri
$866K -$25.3K -1,642 -3%
MCM
31
Maltese Capital Management
New York
$851K +$770K +50,000 New
GHAM
32
Gilman Hill Asset Management
Connecticut
$820K – – –
Jacobs Levy Equity Management
33
Jacobs Levy Equity Management
New Jersey
$762K -$6.3K -409 -0.9%
Bank of America
34
Bank of America
North Carolina
$695K +$12.8K +830 +2%
Wells Fargo
35
Wells Fargo
California
$680K +$81.4K +5,289 +15%
Goldman Sachs
36
Goldman Sachs
New York
$581K -$107K -6,926 -17%
Arrowstreet Capital
37
Arrowstreet Capital
Massachusetts
$569K +$514K +33,411 New
SO
38
STRS Ohio
Ohio
$519K – – –
Charles Schwab
39
Charles Schwab
California
$501K +$1.22K +79 +0.3%
AA
40
Ancora Advisors
Ohio
$482K – – –
California Public Employees Retirement System
41
California Public Employees Retirement System
California
$429K – – –
Barclays
42
Barclays
United Kingdom
$398K +$63K +4,092 +21%
RhumbLine Advisers
43
RhumbLine Advisers
Massachusetts
$340K -$17.1K -1,110 -5%
MAM
44
Martingale Asset Management
Massachusetts
$324K +$293K +19,019 New
California State Teachers Retirement System (CalSTRS)
45
California State Teachers Retirement System (CalSTRS)
California
$306K -$11.1K -719 -4%
RA
46
Royce & Associates
New York
$303K +$274K +17,800 New
Millennium Management
47
Millennium Management
New York
$197K +$179K +11,601 New
New York State Common Retirement Fund
48
New York State Common Retirement Fund
New York
$177K +$53.9K +3,501 +51%
Royal Bank of Canada
49
Royal Bank of Canada
Ontario, Canada
$136K +$7.87K +511 +7%
Deutsche Bank
50
Deutsche Bank
Germany
$130K -$10.9K -709 -8%
1
2
3

SHBI Hedge Fund Activity: Q1 2021 in Review

70 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q1 2021, worth a combined $153M — up 26% from $121M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new SHBI positions and 3 closed out — a net gain of 7 holders — while 17 added to existing stakes and 27 trimmed.

The largest buyer was FJ Capital Management, adding an estimated $5.76M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $1.78M sold.

  • 70 institutional investors held Shore Bancshares (SHBI) as of Q1 2021, up from 64 in Q4 2020.
  • Funds reported $153M of Shore Bancshares stock for Q1 2021, up 26% quarter-over-quarter.
  • 10 funds opened new Shore Bancshares positions in Q1 2021 and 3 closed out, a net change of +7 holders.
  • The largest Shore Bancshares buyer in Q1 2021 was FJ Capital Management, an estimated $5.76M added.
  • The largest Shore Bancshares seller in Q1 2021 was Kennedy Capital Management, an estimated $1.78M sold.

Based on aggregated 13F filings for Q1 2021.