Shore Bancshares
SHBI
76 hedge funds and large institutions have $154M invested in Shore Bancshares in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 18 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
67% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 18
23% more capital invested
Capital invested by funds: $125M → $154M (+$28.4M)
6.16% more ownership
Funds ownership: 63.66% → 69.81% (+6.2%)
6% more funds holding
Funds holding: 72 → 76 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.33M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$938K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$831K |
| 4 |
Millennium Management
New York
|
+$549K |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$327K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.7M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$358K |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$324K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$187K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$176K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTIM
76
Danda Trouve Investment Management
Prairie Village,
Kansas
| $2K | +$1.86K | +114 | New |
|
|
77
Wellington Management Group
Boston,
Massachusetts
| – | -$10.7M | -695,353 | Closed |
|
|
OAM
78
Oxford Asset Management
Oxford,
United Kingdom
| – | -$324K | -21,036 | Closed |
|
79
MML Investors Services
Springfield,
Massachusetts
| – | -$156K | -10,112 | Closed |
|
80
Victory Capital Management
San Antonio,
Texas
| – | -$33K | -2,163 | Closed |
|
81
Twin Tree Management
Dallas,
Texas
| – | -$2K | -114 | Closed |
|
SHBI Hedge Fund Activity: Q4 2019 in Review
76 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q4 2019, worth a combined $154M — up 23% from $125M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SHBI positions and 5 closed out — a net gain of 4 holders — while 30 added to existing stakes and 18 trimmed.
The largest buyer was Kennedy Capital Management, adding an estimated $2.33M. The largest seller was Wellington Management Group, exiting entirely with an estimated $10.7M sold.
- 76 institutional investors held Shore Bancshares (SHBI) as of Q4 2019, up from 72 in Q3 2019.
- Funds reported $154M of Shore Bancshares stock for Q4 2019, up 23% quarter-over-quarter.
- 9 funds opened new Shore Bancshares positions in Q4 2019 and 5 closed out, a net change of +4 holders.
- The largest Shore Bancshares buyer in Q4 2019 was Kennedy Capital Management, an estimated $2.33M added.
- The largest Shore Bancshares seller in Q4 2019 was Wellington Management Group, an estimated $10.7M sold.
Based on aggregated 13F filings for Q4 2019.