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Shore Bancshares

52 hedge funds and large institutions have $87.3M invested in Shore Bancshares in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 2

50% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 10

30% more funds holding

Funds holding: 4052 (+12)

23% more capital invested

Capital invested by funds: $71.2M → $87.3M (+$16.1M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
52
Holders Change
+12
Holders Change %
+30%
% of All Funds
1.39%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
14
Increased
15
Reduced
10
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$13.9M
BCM
2
Basswood Capital Management
New York
$7.65M -$20.8K -1,835 -0.3%
FCM
3
FJ Capital Management
Virginia
$7.42M
BFC
4
Banc Funds Company
Illinois
$7.27M +$113K +10,000 +2%
MCM
5
Maltese Capital Management
New York
$6.15M -$2.06M -181,125 -26%
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5.66M +$1.92K +169 +0%
MCA
7
Mendon Capital Advisors
Florida
$4.61M -$44.4K -3,914 -1%
Vanguard Group
8
Vanguard Group
Pennsylvania
$4.53M +$3.48M +306,748 +428%
EPCA
9
Elizabeth Park Capital Advisors
Ohio
$3.54M +$1.14K +100 +0%
CIM
10
Corbyn Investment Management
Maryland
$2.67M
Brown Advisory
11
Brown Advisory
Maryland
$2.54M
CRC
12
Curi RMB Capital
Illinois
$2.37M
BCM
13
Bridgeway Capital Management
Texas
$2.25M +$622K +54,850 +41%
BIT
14
BlackRock Institutional Trust
California
$2.13M
Renaissance Technologies
15
Renaissance Technologies
New York
$1.86M +$474K +41,778 +37%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$1.79M +$55.4K +4,880 +3%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$1.67M
Morgan Stanley
18
Morgan Stanley
New York
$1.62M +$175K +15,399 +13%
GJL
19
Gendell Jeffrey L
$1.53M -$9.02K -795 -0.6%
GHAM
20
Gilman Hill Asset Management
Connecticut
$725K
BCM
21
BHZ Capital Management
California
$512K +$19.3K +1,700 +4%
APCM
22
Arbiter Partners Capital Management
New York
$475K -$401K -35,316 -47%
Deutsche Bank
23
Deutsche Bank
Germany
$466K +$361K +31,772 +440%
Stifel Financial
24
Stifel Financial
Missouri
$414K -$8.23K -725 -2%
BFA
25
BlackRock Fund Advisors
California
$378K +$5.24K +462 +1%

SHBI Hedge Fund Activity: Q1 2016 in Review

52 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q1 2016, worth a combined $87.3M — up 23% from $71.2M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new SHBI positions and 2 closed out — a net gain of 12 holders — while 15 added to existing stakes and 10 trimmed.

The largest buyer was Vanguard Group, adding an estimated $3.48M. The largest seller was Maltese Capital Management, cutting an estimated $2.06M.

  • 52 institutional investors held Shore Bancshares (SHBI) as of Q1 2016, up from 40 in Q4 2015.
  • Funds reported $87.3M of Shore Bancshares stock for Q1 2016, up 23% quarter-over-quarter.
  • 14 funds opened new Shore Bancshares positions in Q1 2016 and 2 closed out, a net change of +12 holders.
  • The largest Shore Bancshares buyer in Q1 2016 was Vanguard Group, an estimated $3.48M added.
  • The largest Shore Bancshares seller in Q1 2016 was Maltese Capital Management, an estimated $2.06M sold.

Based on aggregated 13F filings for Q1 2016.