Shore Bancshares
SHBI
96 hedge funds and large institutions have $223M invested in Shore Bancshares in 2022 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 29 increasing their positions, 26 reducing their positions, and 17 closing their positions.
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
12% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 26
9% more funds holding
Funds holding: 88 → 96 (+8)
2.63% more ownership
Funds ownership: 58.1% → 60.73% (+2.6%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less capital invested
Capital invested by funds: $236M → $223M (-$12.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$16.3M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.79M |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.57M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$2.31M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.88M |
| 2 |
GJL
Gendell Jeffrey L
|
-$3.37M |
| 3 |
Millennium Management
New York
|
-$3M |
| 4 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$1.84M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$1.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$537K | -25,749 | Closed |
|
|
LP
102
LMR Partners
London,
United Kingdom
| – | -$408K | -19,901 | Closed |
|
|
6CM
103
683 Capital Management
New York
| – | -$363K | -17,702 | Closed |
|
104
Marshall Wace
London,
United Kingdom
| – | -$351K | -17,201 | Closed |
|
|
WAM
105
Weiss Asset Management
Boston,
Massachusetts
| – | -$289K | -14,100 | Closed |
|
106
Man Group
London,
United Kingdom
| – | -$287K | -14,012 | Closed |
|
|
SSA
107
Schonfeld Strategic Advisors
New York
| – | -$242K | -11,833 | Closed |
|
108
Balyasny Asset Management
Chicago,
Illinois
| – | -$222K | -10,859 | Closed |
|
|
OMC
109
Old Mission Capital
Chicago,
Illinois
| – | -$219K | -10,702 | Closed |
|
110
First Trust Advisors
Wheaton,
Illinois
| – | -$207K | -10,089 | Closed |
|
|
PO
111
Private Ocean
San Rafael,
California
| – | -$20K | -1,000 | Closed |
|
|
OCM
112
Ovata Capital Management
Hong Kong
| – | -$6K | -300 | Closed |
|
|
CS
113
Credit Suisse
Zurich,
Switzerland
| – | +$198 | +10 | New |
|
SHBI Hedge Fund Activity: Q2 2022 in Review
96 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q2 2022, worth a combined $223M — down 5.4% from $236M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SHBI positions and 17 closed out — a net gain of 11 holders — while 29 added to existing stakes and 26 trimmed.
The largest buyer was BlackRock, adding an estimated $16.3M. The largest seller was Ameriprise, exiting entirely with an estimated $7.88M sold.
- 96 institutional investors held Shore Bancshares (SHBI) as of Q2 2022, up from 88 in Q1 2022.
- Funds reported $223M of Shore Bancshares stock for Q2 2022, down 5.4% quarter-over-quarter.
- 28 funds opened new Shore Bancshares positions in Q2 2022 and 17 closed out, a net change of +11 holders.
- The largest Shore Bancshares buyer in Q2 2022 was BlackRock, an estimated $16.3M added.
- The largest Shore Bancshares seller in Q2 2022 was Ameriprise, an estimated $7.88M sold.
Based on aggregated 13F filings for Q2 2022.