Shore Bancshares
SHBI
80 hedge funds and large institutions have $165M invested in Shore Bancshares in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 31 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
13% more capital invested
Capital invested by funds: $146M → $165M (+$18.9M)
4% more funds holding
Funds holding: 77 → 80 (+3)
0.16% less ownership
Funds ownership: 69.12% → 68.96% (-0.16%)
32% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$3.14M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$1.62M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.05M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$998K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$826K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$1.67M |
| 2 |
GJL
Gendell Jeffrey L
|
-$1.44M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$1.37M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.22M |
| 5 |
GHAM
Gilman Hill Asset Management
New Canaan,
Connecticut
|
-$985K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
76
Ameritas Investment Partners
Lincoln,
Nebraska
| $18K | – | – | – |
|
77
Macquarie Group
Sydney, NSW 2000,
Australia
| $16K | -$362K | -20,193 | -96% |
|
|
TFA
78
Toth Financial Advisory
Leesburg,
Virginia
| $6K | – | – | – |
|
79
SEI Investments
Oaks,
Pennsylvania
| $1K | – | – | – |
|
80
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | +$860 | +48 | New |
|
|
GHAM
81
Gilman Hill Asset Management
New Canaan,
Connecticut
| – | -$985K | -59,009 | Closed |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| – | -$67K | -3,992 | Closed |
|
83
Parallax Volatility Advisers
San Francisco,
California
| – | -$32K | -1,932 | Closed |
|
|
MA
84
MUFG Americas
New York
| – | -$5K | -271 | Closed |
|
SHBI Hedge Fund Activity: Q1 2018 in Review
80 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q1 2018, worth a combined $165M — up 13% from $146M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SHBI positions and 4 closed out — a net gain of 5 holders — while 21 added to existing stakes and 31 trimmed.
The largest buyer was Maltese Capital Management, opening a new position worth an estimated $3.14M. The largest seller was FJ Capital Management, cutting an estimated $1.67M.
- 80 institutional investors held Shore Bancshares (SHBI) as of Q1 2018, up from 77 in Q4 2017.
- Funds reported $165M of Shore Bancshares stock for Q1 2018, up 13% quarter-over-quarter.
- 9 funds opened new Shore Bancshares positions in Q1 2018 and 4 closed out, a net change of +5 holders.
- The largest Shore Bancshares buyer in Q1 2018 was Maltese Capital Management, an estimated $3.14M added.
- The largest Shore Bancshares seller in Q1 2018 was FJ Capital Management, an estimated $1.67M sold.
Based on aggregated 13F filings for Q1 2018.