Shore Bancshares
SHBI
74 hedge funds and large institutions have $144M invested in Shore Bancshares in 2021 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 16 increasing their positions, 25 reducing their positions, and 12 closing their positions.
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
6% more funds holding
Funds holding: 70 → 74 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.67% less ownership
Funds ownership: 76.61% → 72.94% (-3.7%)
6% less capital invested
Capital invested by funds: $153M → $144M (-$9.53M)
36% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.26M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.94M |
| 3 |
Millennium Management
New York
|
+$2.54M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.54M |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$12.7M |
| 2 |
State Street
Boston,
Massachusetts
|
-$3.09M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$1.49M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.45M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
California Public Employees Retirement System
Sacramento,
California
| – | -$429K | -25,200 | Closed |
|
77
RhumbLine Advisers
Boston,
Massachusetts
| – | -$340K | -20,004 | Closed |
|
|
MAM
78
Martingale Asset Management
Boston,
Massachusetts
| – | -$324K | -19,019 | Closed |
|
79
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
| – | -$306K | -17,983 | Closed |
|
80
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$129K | -7,645 | -100% |
|
|
AIG
81
American International Group
New York
| – | -$116 | -6,805 | Closed |
|
82
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$38K | -2,247 | Closed |
|
|
AIP
83
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$17K | -977 | Closed |
|
84
Legal & General Group
London,
United Kingdom
| – | -$15K | -865 | Closed |
|
|
EVM
85
Eaton Vance Management
Boston,
Massachusetts
| – | -$4K | -257 | Closed |
|
86
Fidelity Investments
Boston,
Massachusetts
| – | +$17 | +1 | New |
|
SHBI Hedge Fund Activity: Q2 2021 in Review
74 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q2 2021, worth a combined $144M — down 6.2% from $153M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SHBI positions and 12 closed out — a net gain of 4 holders — while 16 added to existing stakes and 25 trimmed.
The largest buyer was Ameriprise, opening a new position worth an estimated $4.26M. The largest seller was BlackRock, cutting an estimated $12.7M.
- 74 institutional investors held Shore Bancshares (SHBI) as of Q2 2021, up from 70 in Q1 2021.
- Funds reported $144M of Shore Bancshares stock for Q2 2021, down 6.2% quarter-over-quarter.
- 16 funds opened new Shore Bancshares positions in Q2 2021 and 12 closed out, a net change of +4 holders.
- The largest Shore Bancshares buyer in Q2 2021 was Ameriprise, an estimated $4.26M added.
- The largest Shore Bancshares seller in Q2 2021 was BlackRock, an estimated $12.7M sold.
Based on aggregated 13F filings for Q2 2021.