Shore Bancshares
SHBI
77 hedge funds and large institutions have $146M invested in Shore Bancshares in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 38 increasing their positions, 18 reducing their positions, and 4 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 18
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
3% more funds holding
Funds holding: 75 → 77 (+2)
1% more capital invested
Capital invested by funds: $146M → $146M (+$781K)
0.15% more ownership
Funds ownership: 68.97% → 69.12% (+0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$7.29M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.98M |
| 3 |
Millennium Management
New York
|
+$1.33M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$1.02M |
| 5 |
Renaissance Technologies
New York
|
+$750K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$7.51M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.33M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$2.96M |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$711K |
| 5 |
MCM
Maltese Capital Management
New York
|
-$668K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFA
76
Toth Financial Advisory
Leesburg,
Virginia
| $5K | +$5.13K | +300 | New |
|
77
SEI Investments
Oaks,
Pennsylvania
| $1K | – | – | – |
|
|
MCA
78
Mendon Capital Advisors
Key Largo,
Florida
| – | -$2.96M | -177,750 | Closed |
|
|
NFA
79
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$711K | -42,696 | Closed |
|
|
MCM
80
Maltese Capital Management
New York
| – | -$668K | -40,100 | Closed |
|
|
SIM
81
Spark Investment Management
New York
| – | -$176K | -10,600 | Closed |
|
SHBI Hedge Fund Activity: Q4 2017 in Review
77 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q4 2017, worth a combined $146M — up 0.54% from $146M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SHBI positions and 4 closed out — a net gain of 2 holders — while 38 added to existing stakes and 18 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $7.29M. The largest seller was FJ Capital Management, cutting an estimated $7.51M.
- 77 institutional investors held Shore Bancshares (SHBI) as of Q4 2017, up from 75 in Q3 2017.
- Funds reported $146M of Shore Bancshares stock for Q4 2017, up 0.54% quarter-over-quarter.
- 6 funds opened new Shore Bancshares positions in Q4 2017 and 4 closed out, a net change of +2 holders.
- The largest Shore Bancshares buyer in Q4 2017 was Basswood Capital Management, an estimated $7.29M added.
- The largest Shore Bancshares seller in Q4 2017 was FJ Capital Management, an estimated $7.51M sold.
Based on aggregated 13F filings for Q4 2017.