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Shore Bancshares

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.

New
Increased
Maintained
Reduced
Closed

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: 6063 (+3)

1% more capital invested

Capital invested by funds: $90.8M → $92M (+$1.16M)

Holders
63
Holders Change
+3
Holders Change %
+5%
% of All Funds
1.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
32
Reduced
12
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$11.4M -$180K -15,377 -2%
FCM
2
FJ Capital Management
Virginia
$9.06M +$1.75M +150,000 +24%
BFC
3
Banc Funds Company
Illinois
$7.62M +$117K +10,000 +2%
Manulife (Manufacturers Life Insurance)
4
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5.7M -$363 -31 -0%
BCM
5
Basswood Capital Management
New York
$5.27M -$1.36M -116,601 -21%
Vanguard Group
6
Vanguard Group
Pennsylvania
$5.06M +$170K +14,553 +4%
MCA
7
Mendon Capital Advisors
Florida
$5.02M +$7.7K +658 +0.2%
BFA
8
BlackRock Fund Advisors
California
$4.15M +$284K +24,256 +7%
BCM
9
Bridgeway Capital Management
Texas
$3.57M -$1.75K -150 -0%
BIT
10
BlackRock Institutional Trust
California
$3.08M +$14.7K +1,257 +0.5%
Renaissance Technologies
11
Renaissance Technologies
New York
$2.78M +$376K +32,100 +16%
CIM
12
Corbyn Investment Management
Maryland
$2.63M
Brown Advisory
13
Brown Advisory
Maryland
$2.5M
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$2.25M +$201K +17,174 +10%
State Street
15
State Street
Massachusetts
$1.81M +$561K +47,930 +45%
PNC Financial Services Group
16
PNC Financial Services Group
Pennsylvania
$1.64M
GJL
17
Gendell Jeffrey L
$1.51M
Northern Trust
18
Northern Trust
Illinois
$1.47M -$2.55K -218 -0.2%
MCM
19
Maltese Capital Management
New York
$1.43M -$501K -42,800 -26%
CRC
20
Curi RMB Capital
Illinois
$1.38M -$248K -21,225 -15%
BCM
21
BHZ Capital Management
California
$1.27M +$587K +50,209 +87%
Morgan Stanley
22
Morgan Stanley
New York
$1.07M -$2.65K -227 -0.2%
EPCA
23
Elizabeth Park Capital Advisors
Ohio
$867K -$2.18M -186,743 -72%
Deutsche Bank
24
Deutsche Bank
Germany
$850K +$160K +13,704 +23%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$816K +$113K +9,677 +16%

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.