Shore Bancshares
SHBI
63 hedge funds and large institutions have $92M invested in Shore Bancshares in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 32 increasing their positions, 12 reducing their positions, and 3 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 12
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
5% more funds holding
Funds holding: 60 → 63 (+3)
1% more capital invested
Capital invested by funds: $90.8M → $92M (+$1.16M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$1.75M |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
+$587K |
| 3 |
State Street
Boston,
Massachusetts
|
+$561K |
| 4 |
Renaissance Technologies
New York
|
+$376K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$284K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$2.18M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$1.36M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$501K |
| 4 |
SSG
Summit Securities Group
New York
|
-$360K |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$314K |
SHBI Hedge Fund Activity: Q3 2016 in Review
63 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q3 2016, worth a combined $92M — up 1.3% from $90.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SHBI positions and 3 closed out — a net gain of 3 holders — while 32 added to existing stakes and 12 trimmed.
The largest buyer was FJ Capital Management, adding an estimated $1.75M. The largest seller was Elizabeth Park Capital Advisors, cutting an estimated $2.18M.
- 63 institutional investors held Shore Bancshares (SHBI) as of Q3 2016, up from 60 in Q2 2016.
- Funds reported $92M of Shore Bancshares stock for Q3 2016, up 1.3% quarter-over-quarter.
- 6 funds opened new Shore Bancshares positions in Q3 2016 and 3 closed out, a net change of +3 holders.
- The largest Shore Bancshares buyer in Q3 2016 was FJ Capital Management, an estimated $1.75M added.
- The largest Shore Bancshares seller in Q3 2016 was Elizabeth Park Capital Advisors, an estimated $2.18M sold.
Based on aggregated 13F filings for Q3 2016.