Shore Bancshares
SHBI
76 hedge funds and large institutions have $220M invested in Shore Bancshares in 2021 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 32 increasing their positions, 11 reducing their positions, and 9 closing their positions.
191% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 11
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
43% more capital invested
Capital invested by funds: $154M → $220M (+$66.1M)
13% more funds holding
Funds holding: 67 → 76 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
17.27% less ownership
Funds ownership: 73.82% → 56.54% (-17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$15M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$11.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.13M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$3.5M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$2.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$4.14M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.36M |
| 3 |
Millennium Management
New York
|
-$1.04M |
| 4 |
E
Ergoteles
New York
|
-$890K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$738K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $2K | -$888 | -46 | -33% |
|
|
BCM
77
Basswood Capital Management
New York
| – | -$4.14M | -233,279 | Closed |
|
|
E
78
Ergoteles
New York
| – | -$890K | -50,193 | Closed |
|
|
HF
79
HRT Financial
New York
| – | -$459K | -25,916 | Closed |
|
80
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$203K | -11,448 | Closed |
|
81
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$62K | -3,479 | Closed |
|
|
SSB
82
Sandy Spring Bank
Olney,
Maryland
| – | -$18K | -1,000 | Closed |
|
|
TRCT
83
Tower Research Capital (TRC)
New York
| – | -$5K | -309 | Closed |
|
84
BNP Paribas Financial Markets
Paris,
France
| – | -$3.19K | -180 | Closed |
|
85
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1K | -34 | Closed |
|
SHBI Hedge Fund Activity: Q4 2021 in Review
76 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q4 2021, worth a combined $220M — up 43% from $154M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SHBI positions and 9 closed out — a net gain of 9 holders — while 32 added to existing stakes and 11 trimmed.
The largest buyer was Fourthstone LLC, adding an estimated $15M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $4.14M sold.
- 76 institutional investors held Shore Bancshares (SHBI) as of Q4 2021, up from 67 in Q3 2021.
- Funds reported $220M of Shore Bancshares stock for Q4 2021, up 43% quarter-over-quarter.
- 18 funds opened new Shore Bancshares positions in Q4 2021 and 9 closed out, a net change of +9 holders.
- The largest Shore Bancshares buyer in Q4 2021 was Fourthstone LLC, an estimated $15M added.
- The largest Shore Bancshares seller in Q4 2021 was Basswood Capital Management, an estimated $4.14M sold.
Based on aggregated 13F filings for Q4 2021.