Shore Bancshares
SHBI
75 hedge funds and large institutions have $125M invested in Shore Bancshares in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 25 increasing their positions, 21 reducing their positions, and 9 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 21
1% less capital invested
Capital invested by funds: $126M → $125M (-$984K)
2.46% less ownership
Funds ownership: 67.97% → 65.52% (-2.5%)
7% less funds holding
Funds holding: 81 → 75 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$1.05M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$532K |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$416K |
| 4 |
GJL
Gendell Jeffrey L
|
+$372K |
| 5 |
Renaissance Technologies
New York
|
+$345K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.68M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$986K |
| 3 |
Man Group
London,
United Kingdom
|
-$737K |
| 4 |
BlackRock
New York
|
-$509K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$472K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Man Group
London,
United Kingdom
| – | -$737K | -50,677 | Closed |
|
|
77
Russell Investments Group
London,
United Kingdom
| – | -$472K | -32,577 | Closed |
|
|
DCM
78
Dupont Capital Management
Wilmington,
Delaware
| – | -$406K | -27,903 | Closed |
|
79
Millennium Management
New York
| – | -$220K | -15,099 | Closed |
|
|
AWCI
80
Alpine Woods Capital Investors
Purchase,
New York
| – | -$211K | -14,500 | Closed |
|
|
BCM
81
Basswood Capital Management
New York
| – | -$100K | -6,911 | Closed |
|
|
FQ
82
First Quadrant
Glendale,
California
| – | -$58K | -3,988 | Closed |
|
|
MWNA
83
Marshall Wace North America
New York
| – | -$9K | -621 | Closed |
|
84
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$2K | -168 | Closed |
|
SHBI Hedge Fund Activity: Q1 2019 in Review
75 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q1 2019, worth a combined $125M — down 0.78% from $126M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SHBI and 3 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 25 added.
The largest buyer was FJ Capital Management, adding an estimated $1.05M. The largest seller was Wellington Management Group, cutting an estimated $2.68M.
- 75 institutional investors held Shore Bancshares (SHBI) as of Q1 2019, down from 81 in Q4 2018.
- Funds reported $125M of Shore Bancshares stock for Q1 2019, down 0.78% quarter-over-quarter.
- 3 funds opened new Shore Bancshares positions in Q1 2019 and 9 closed out, a net change of -6 holders.
- The largest Shore Bancshares buyer in Q1 2019 was FJ Capital Management, an estimated $1.05M added.
- The largest Shore Bancshares seller in Q1 2019 was Wellington Management Group, an estimated $2.68M sold.
Based on aggregated 13F filings for Q1 2019.