Shore Bancshares
SHBI
75 hedge funds and large institutions have $146M invested in Shore Bancshares in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 28 increasing their positions, 24 reducing their positions, and 3 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 24
2% more capital invested
Capital invested by funds: $143M → $146M (+$2.81M)
0.46% more ownership
Funds ownership: 68.51% → 68.97% (+0.46%)
0% more funds holding
Funds holding: 75 → 75 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.19M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$969K |
| 3 |
Renaissance Technologies
New York
|
+$729K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$715K |
| 5 |
MCM
Maltese Capital Management
New York
|
+$666K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$3.07M |
| 2 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$701K |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$369K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$317K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$229K |
SHBI Hedge Fund Activity: Q3 2017 in Review
75 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q3 2017, worth a combined $146M — up 2% from $143M a quarter earlier.
Fund positioning in SHBI was balanced in Q3 2017: 3 funds opened new positions, 3 closed out, 28 added to existing stakes and 24 trimmed.
The largest buyer was Kennedy Capital Management, adding an estimated $1.19M. The largest seller was FJ Capital Management, cutting an estimated $3.07M.
- 75 institutional investors held Shore Bancshares (SHBI) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $146M of Shore Bancshares stock for Q3 2017, up 2% quarter-over-quarter.
- 3 funds opened new Shore Bancshares positions in Q3 2017 and 3 closed out, a net change of 0 holders.
- The largest Shore Bancshares buyer in Q3 2017 was Kennedy Capital Management, an estimated $1.19M added.
- The largest Shore Bancshares seller in Q3 2017 was FJ Capital Management, an estimated $3.07M sold.
Based on aggregated 13F filings for Q3 2017.