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Shore Bancshares
SHBI

64 hedge funds and large institutions have $121M invested in Shore Bancshares in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more capital invested

Capital invested by funds: $89.3M → $121M (+$32.2M)

15% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 20

4.22% more ownership

Funds ownership: 64.95% → 69.16% (+4.2%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

4% less funds holding

Funds holding: 67 → 64 (-3)

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

Holders
64
Holders Change
-3
Holders Change %
-4.48%
% of All Funds
1.13%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
3
Increased
23
Reduced
20
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GJL
Gendell Jeffrey L
+$792K
2
BlackRock
BlackRock
New York
+$688K
3
JP Morgan Chase
JP Morgan Chase
New York
+$243K
4
N
Nuveen
North Carolina
+$145K
5
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
+$103K

Top Sellers

Rank Fund Capital Flow
1
PCM
Penn Capital Management
Pennsylvania
-$2.62M
2
ACM
Ategra Capital Management
Virginia
-$1.13M
3
FCM
FJ Capital Management
Virginia
-$757K
4
FL
Fourthstone LLC
Missouri
-$693K
5
Russell Investments Group
Russell Investments Group
United Kingdom
-$391K
Name Holding Trade Value Shares
Change 		Change in
Stake
Citigroup
51
Citigroup
New York
$47K +$24.2K +1,883 +144%
UBS Group
52
UBS Group
Switzerland
$45K +$14.8K +1,152 +60%
EARNEST Partners
53
EARNEST Partners
Georgia
$37K – – –
PNC Financial Services Group
54
PNC Financial Services Group
Pennsylvania
$30K – – –
FCMT
55
Founders Capital Management (Texas)
Texas
$22K +$19.3K +1,500 New
GWM
56
Geneos Wealth Management
Colorado
$20K – – –
Legal & General Group
57
Legal & General Group
United Kingdom
$16K – – –
SSB
58
Sandy Spring Bank
Maryland
$15K – – –
AA
59
Addison Advisors
Vermont
$15K +$12.8K +1,000 New
AIP
60
Ameritas Investment Partners
Nebraska
$14K – – –
TFA
61
Toth Financial Advisory
Virginia
$4K – – –
CFA
62
Carroll Financial Associates
North Carolina
$3K – – –
TWA
63
TCI Wealth Advisors
Arizona
$2K – – –
AIG
64
American International Group
New York
$101 -$6.24K -486 -7%
MAM
65
Martingale Asset Management
Massachusetts
– -$170K -15,400 Closed
HW
66
Hancock Whitney
Mississippi
– -$124K -11,265 Closed
Invesco
67
Invesco
Georgia
– -$120K -10,957 Closed
MAM
68
Meeder Asset Management
Ohio
– -$23K -2,141 Closed
PAM
69
Panagora Asset Management
Massachusetts
– -$9K -792 Closed
ASN
70
Advisory Services Network
Georgia
– -$1.94K -151 Closed
1 2
3

SHBI Hedge Fund Activity: Q4 2020 in Review

64 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q4 2020, worth a combined $121M — up 36% from $89.3M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of SHBI and 3 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 23 added.

The largest buyer was Gendell Jeffrey L, adding an estimated $792K. The largest seller was Penn Capital Management, cutting an estimated $2.62M.

  • 64 institutional investors held Shore Bancshares (SHBI) as of Q4 2020, down from 67 in Q3 2020.
  • Funds reported $121M of Shore Bancshares stock for Q4 2020, up 36% quarter-over-quarter.
  • 3 funds opened new Shore Bancshares positions in Q4 2020 and 6 closed out, a net change of -3 holders.
  • The largest Shore Bancshares buyer in Q4 2020 was Gendell Jeffrey L, an estimated $792K added.
  • The largest Shore Bancshares seller in Q4 2020 was Penn Capital Management, an estimated $2.62M sold.

Based on aggregated 13F filings for Q4 2020.