Shore Bancshares
SHBI
111 hedge funds and large institutions have $261M invested in Shore Bancshares in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 40 increasing their positions, 35 reducing their positions, and 11 closing their positions.
40% more capital invested
Capital invested by funds: $186M → $261M (+$75M)
14% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 35
1.98% more ownership
Funds ownership: 53.26% → 55.24% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 112 → 111 (-1)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.52M |
| 2 |
BlackRock
New York
|
+$1.63M |
| 3 |
SSB
Sandy Spring Bank
Olney,
Maryland
|
+$1.41M |
| 4 |
Bank of New York Mellon
New York
|
+$1.08M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$679K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLC
Fifth Lane Capital
Austin,
Texas
|
-$1.13M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$743K |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$717K |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
-$536K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$531K |
SHBI Hedge Fund Activity: Q4 2023 in Review
111 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q4 2023, worth a combined $261M — up 40% from $186M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SHBI and 10 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 40 added.
The largest buyer was Morgan Stanley, adding an estimated $3.52M. The largest seller was Fifth Lane Capital, exiting entirely with an estimated $1.13M sold.
- 111 institutional investors held Shore Bancshares (SHBI) as of Q4 2023, down from 112 in Q3 2023.
- Funds reported $261M of Shore Bancshares stock for Q4 2023, up 40% quarter-over-quarter.
- 10 funds opened new Shore Bancshares positions in Q4 2023 and 11 closed out, a net change of -1 holder.
- The largest Shore Bancshares buyer in Q4 2023 was Morgan Stanley, an estimated $3.52M added.
- The largest Shore Bancshares seller in Q4 2023 was Fifth Lane Capital, an estimated $1.13M sold.
Based on aggregated 13F filings for Q4 2023.