Shore Bancshares
SHBI
60 hedge funds and large institutions have $90.8M invested in Shore Bancshares in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 10 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
42% more capital inflows, than outflows
Capital inflows: $15.6M | Capital outflows: $11M
15% more funds holding
Funds holding: 52 → 60 (+8)
3.09% more ownership
Funds ownership: 57.96% → 61.05% (+3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock Fund Advisors
San Francisco,
California
|
+$3.45M |
| 2 |
Bridgeway Capital Management
Houston,
Texas
|
+$1.34M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.24M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.23M |
| 5 |
BlackRock Institutional Trust
San Francisco,
California
|
+$963K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$4.06M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.05M |
| 3 |
Basswood Capital Management
New York
|
-$870K |
| 4 |
Curi RMB Capital
Chicago,
Illinois
|
-$691K |
| 5 |
Morgan Stanley
New York
|
-$510K |
SHBI Hedge Fund Activity: Q2 2016 in Review
60 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q2 2016, worth a combined $90.8M — up 3.4% from $87.8M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SHBI positions and 10 closed out — a net gain of 8 holders — while 20 added to existing stakes and 11 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $3.45M. The largest seller was Maltese Capital Management, cutting an estimated $4.06M.
- 60 institutional investors held Shore Bancshares (SHBI) as of Q2 2016, up from 52 in Q1 2016.
- Funds reported $90.8M of Shore Bancshares stock for Q2 2016, up 3.4% quarter-over-quarter.
- 18 funds opened new Shore Bancshares positions in Q2 2016 and 10 closed out, a net change of +8 holders.
- The largest Shore Bancshares buyer in Q2 2016 was BlackRock Fund Advisors, an estimated $3.45M added.
- The largest Shore Bancshares seller in Q2 2016 was Maltese Capital Management, an estimated $4.06M sold.
Based on aggregated 13F filings for Q2 2016.