Shore Bancshares
SHBI
52 hedge funds and large institutions have $87.3M invested in Shore Bancshares in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 2 closing their positions.
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
30% more funds holding
Funds holding: 40 → 52 (+12)
23% more capital invested
Capital invested by funds: $71.2M → $87.3M (+$16.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.48M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$622K |
| 3 |
Renaissance Technologies
New York
|
+$474K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$361K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$316K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$2.06M |
| 2 |
YU
Yale University
New Haven,
Connecticut
|
-$1.02M |
| 3 |
APCM
Arbiter Partners Capital Management
New York
|
-$401K |
| 4 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
-$305K |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$44.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Geode Capital Management
Boston,
Massachusetts
| $502 | -$692 | -61 | -0.1% |
|
|
YU
52
Yale University
New Haven,
Connecticut
| – | -$1.02M | -93,709 | Closed |
|
|
AWCI
53
Alpine Woods Capital Investors
Purchase,
New York
| – | -$305K | -28,000 | Closed |
|
54
Wells Fargo
San Francisco,
California
| – | +$11 | +1 | New |
|
SHBI Hedge Fund Activity: Q1 2016 in Review
52 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q1 2016, worth a combined $87.3M — up 23% from $71.2M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SHBI positions and 2 closed out — a net gain of 12 holders — while 15 added to existing stakes and 10 trimmed.
The largest buyer was Vanguard Group, adding an estimated $3.48M. The largest seller was Maltese Capital Management, cutting an estimated $2.06M.
- 52 institutional investors held Shore Bancshares (SHBI) as of Q1 2016, up from 40 in Q4 2015.
- Funds reported $87.3M of Shore Bancshares stock for Q1 2016, up 23% quarter-over-quarter.
- 14 funds opened new Shore Bancshares positions in Q1 2016 and 2 closed out, a net change of +12 holders.
- The largest Shore Bancshares buyer in Q1 2016 was Vanguard Group, an estimated $3.48M added.
- The largest Shore Bancshares seller in Q1 2016 was Maltese Capital Management, an estimated $2.06M sold.
Based on aggregated 13F filings for Q1 2016.