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Shore Bancshares

115 hedge funds and large institutions have $208M invested in Shore Bancshares in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 41 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 9

4% more funds holding

Funds holding: 111115 (+4)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.86% less ownership

Funds ownership: 55.24%54.38% (-0.86%)

20% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 41

20% less capital invested

Capital invested by funds: $261M → $208M (-$52.8M)

Holders
115
Holders Change
+4
Holders Change %
+3.6%
% of All Funds
1.66%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
14
Increased
33
Reduced
41
Closed
9
Calls
$14K
Puts
Net Calls
+$14K
Net Calls Change
+$14K
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Investments
51
Two Sigma Investments
New York
$443K +$259K +21,555 +127%
Two Sigma Advisers
52
Two Sigma Advisers
New York
$436K +$69.6K +5,800 +18%
EM
53
ELCO Management
New York
$425K -$4.91K -409 -1%
Bank of America
54
Bank of America
North Carolina
$398K -$221K -18,424 -35%
UBS Group
55
UBS Group
Switzerland
$369K -$44.6K -3,722 -10%
Creative Planning
56
Creative Planning
Kansas
$360K +$30.3K +2,528 +9%
BMCM
57
Black Maple Capital Management
Wisconsin
$345K +$60K +5,000 +20%
MAM
58
Martingale Asset Management
Massachusetts
$329K +$343K +28,578 New
DDC
59
DF Dent & Co
Maryland
$322K
Ameriprise
60
Ameriprise
Minnesota
$307K -$60 -5 -0%
CAPTRUST Financial Advisors
61
CAPTRUST Financial Advisors
North Carolina
$299K +$277K +23,118 +811%
Royal Bank of Canada
62
Royal Bank of Canada
Ontario, Canada
$280K -$81.6K -6,805 -22%
SPA
63
Sherbrooke Park Advisers
New York
$264K +$275K +22,955 New
Janney Montgomery Scott
64
Janney Montgomery Scott
Pennsylvania
$234K -$4.95K -413 -2%
Connor, Clark & Lunn Investment Management (CC&L)
65
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$221K +$58.2K +4,854 +34%
DAS
66
Diversify Advisory Services
Utah
$216K +$233K +19,451 New
BCM
67
BHZ Capital Management
California
$202K -$505K -42,127 -71%
CD
68
Chapin Davis
Maryland
$201K -$24K -2,000 -10%
QC
69
Quadrature Capital
United Kingdom
$200K +$209K +17,384 New
First Trust Advisors
70
First Trust Advisors
Illinois
$187K -$10.7K -894 -5%
MIM
71
MetLife Investment Management
New Jersey
$183K
Arrowstreet Capital
72
Arrowstreet Capital
Massachusetts
$169K -$169K -14,111 -49%
AIG
73
American International Group
New York
$169K -$1.51K -126 -0.9%
Deutsche Bank
74
Deutsche Bank
Germany
$167K +$20.4K +1,704 +13%
Osaic Holdings
75
Osaic Holdings
Arizona
$148K -$14.9K -1,241 -9%

SHBI Hedge Fund Activity: Q1 2024 in Review

115 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q1 2024, worth a combined $208M — down 20% from $261M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new SHBI positions and 9 closed out — a net gain of 5 holders — while 33 added to existing stakes and 41 trimmed.

The largest buyer was Dimensional Fund Advisors, adding an estimated $1.03M. The largest seller was Morgan Stanley, cutting an estimated $3.49M.

  • 115 institutional investors held Shore Bancshares (SHBI) as of Q1 2024, up from 111 in Q4 2023.
  • Funds reported $208M of Shore Bancshares stock for Q1 2024, down 20% quarter-over-quarter.
  • 14 funds opened new Shore Bancshares positions in Q1 2024 and 9 closed out, a net change of +5 holders.
  • The largest Shore Bancshares buyer in Q1 2024 was Dimensional Fund Advisors, an estimated $1.03M added.
  • The largest Shore Bancshares seller in Q1 2024 was Morgan Stanley, an estimated $3.49M sold.

Based on aggregated 13F filings for Q1 2024.