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Shore Bancshares

115 hedge funds and large institutions have $208M invested in Shore Bancshares in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 41 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 9

4% more funds holding

Funds holding: 111115 (+4)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.86% less ownership

Funds ownership: 55.24%54.38% (-0.86%)

20% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 41

20% less capital invested

Capital invested by funds: $261M → $208M (-$52.8M)

Holders
115
Holders Change
+4
Holders Change %
+3.6%
% of All Funds
1.66%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
14
Increased
33
Reduced
41
Closed
9
Calls
$14K
Puts
Net Calls
+$14K
Net Calls Change
+$14K
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
76
Raymond James & Associates
Florida
$137K +$996 +83 +0.7%
SEIA
77
Signature Estate & Investment Advisors
California
$133K
Wells Fargo
78
Wells Fargo
California
$132K +$15.6K +1,302 +13%
D.E. Shaw & Co
79
D.E. Shaw & Co
New York
$128K +$133K +11,096 New
SG Americas Securities
80
SG Americas Securities
New York
$120K -$69.5K -5,793 -36%
SEI Investments
81
SEI Investments
Pennsylvania
$117K
New York State Common Retirement Fund
82
New York State Common Retirement Fund
New York
$106K -$108 -9 -0.1%
CSS
83
Cubist Systematic Strategies
Connecticut
$94.2K +$98.2K +8,187 New
Citigroup
84
Citigroup
New York
$76.5K +$19.3K +1,605 +32%
Fidelity Investments
85
Fidelity Investments
Massachusetts
$43.7K +$12.5K +1,045 +38%
HWA
86
Heritage Wealth Advisors
Virginia
$39.7K -$18.5K -1,546 -31%
AIP
87
Ameritas Investment Partners
Nebraska
$35.5K
California State Teachers Retirement System (CalSTRS)
88
California State Teachers Retirement System (CalSTRS)
California
$34.5K -$22.9K -1,909 -39%
Legal & General Group
89
Legal & General Group
United Kingdom
$28.8K
Qube Research & Technologies (QRT)
90
Qube Research & Technologies (QRT)
United Kingdom
$28.5K -$19.6K -1,635 -40%
PAS
91
Point72 Asia (Singapore)
Singapore
$26.1K +$27.3K +2,273 New
SOW
92
State of Wyoming
Wyoming
$23.1K -$180 -15 -0.7%
Canada Life
93
Canada Life
Manitoba, Canada
$20K -$1.25K -104 -6%
Nisa Investment Advisors
94
Nisa Investment Advisors
Missouri
$18.2K
FCMT
95
Founders Capital Management (Texas)
Texas
$17.3K
PNC Financial Services Group
96
PNC Financial Services Group
Pennsylvania
$15.5K
GI
97
GAMMA Investing
California
$13.3K -$2.89K -241 -17%
MLICM
98
Metropolitan Life Insurance Company (MetLife)
New York
$12.1K -$7.39K -616 -37%
AB
99
Amalgamated Bank
New York
$12K -$18.5K -1,544 -60%
BHWM
100
Bay Harbor Wealth Management
Maryland
$11.5K +$12K +1,000 New

SHBI Hedge Fund Activity: Q1 2024 in Review

115 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q1 2024, worth a combined $208M — down 20% from $261M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new SHBI positions and 9 closed out — a net gain of 5 holders — while 33 added to existing stakes and 41 trimmed.

The largest buyer was Dimensional Fund Advisors, adding an estimated $1.03M. The largest seller was Morgan Stanley, cutting an estimated $3.49M.

  • 115 institutional investors held Shore Bancshares (SHBI) as of Q1 2024, up from 111 in Q4 2023.
  • Funds reported $208M of Shore Bancshares stock for Q1 2024, down 20% quarter-over-quarter.
  • 14 funds opened new Shore Bancshares positions in Q1 2024 and 9 closed out, a net change of +5 holders.
  • The largest Shore Bancshares buyer in Q1 2024 was Dimensional Fund Advisors, an estimated $1.03M added.
  • The largest Shore Bancshares seller in Q1 2024 was Morgan Stanley, an estimated $3.49M sold.

Based on aggregated 13F filings for Q1 2024.