Shore Bancshares
SHBI
82 hedge funds and large institutions have $166M invested in Shore Bancshares in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 31 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
3% more funds holding
Funds holding: 80 → 82 (+2)
0% more capital invested
Capital invested by funds: $165M → $166M (+$450K)
0.57% less ownership
Funds ownership: 68.96% → 68.38% (-0.57%)
6% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$4.71M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$3.07M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$853K |
| 4 |
BlackRock
New York
|
+$686K |
| 5 |
MCM
Maltese Capital Management
New York
|
+$424K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.88M |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
-$2.24M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.79M |
| 4 |
Millennium Management
New York
|
-$1.52M |
| 5 |
CIM
Corbyn Investment Management
Lutherville,
Maryland
|
-$724K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
BNP Paribas Financial Markets
Paris,
France
| $7.38K | -$41.9K | -2,223 | -85% |
|
|
TFA
77
Toth Financial Advisory
Leesburg,
Virginia
| $6K | – | – | – |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| $5K | +$5.55K | +295 | New |
|
|
PIA
79
Piedmont Investment Advisors
Durham,
North Carolina
| $4K | +$4.12K | +219 | New |
|
80
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | +$1.68K | +89 | New |
|
81
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | – | – | – |
|
82
SEI Investments
Oaks,
Pennsylvania
| $1K | +$282 | +15 | +50% |
|
83
First Trust Advisors
Wheaton,
Illinois
| – | -$280K | -14,838 | Closed |
|
|
MSL
84
Mackay Shields LLC
New York
| – | -$275K | -14,604 | Closed |
|
85
MML Investors Services
Springfield,
Massachusetts
| – | -$221K | -11,736 | Closed |
|
86
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$31K | -1,620 | Closed |
|
SHBI Hedge Fund Activity: Q2 2018 in Review
82 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q2 2018, worth a combined $166M — up 0.27% from $165M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SHBI positions and 4 closed out — a net gain of 2 holders — while 29 added to existing stakes and 31 trimmed.
The largest buyer was EJF Capital, opening a new position worth an estimated $4.71M. The largest seller was Banc Funds Company, cutting an estimated $2.88M.
- 82 institutional investors held Shore Bancshares (SHBI) as of Q2 2018, up from 80 in Q1 2018.
- Funds reported $166M of Shore Bancshares stock for Q2 2018, up 0.27% quarter-over-quarter.
- 6 funds opened new Shore Bancshares positions in Q2 2018 and 4 closed out, a net change of +2 holders.
- The largest Shore Bancshares buyer in Q2 2018 was EJF Capital, an estimated $4.71M added.
- The largest Shore Bancshares seller in Q2 2018 was Banc Funds Company, an estimated $2.88M sold.
Based on aggregated 13F filings for Q2 2018.