Shore Bancshares
SHBI
81 hedge funds and large institutions have $126M invested in Shore Bancshares in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 24 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
13% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 24
4% more funds holding
Funds holding: 78 → 81 (+3)
0.3% more ownership
Funds ownership: 67.67% → 67.97% (+0.3%)
18% less capital invested
Capital invested by funds: $154M → $126M (-$27.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.45M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$3.16M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.97M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.58M |
| 5 |
BCM
BHZ Capital Management
San Jose,
California
|
+$895K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$7.63M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.04M |
| 3 |
Man Group
London,
United Kingdom
|
-$1.26M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$599K |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$447K |
SHBI Hedge Fund Activity: Q4 2018 in Review
81 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q4 2018, worth a combined $126M — down 18% from $154M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SHBI positions and 7 closed out — a net gain of 4 holders — while 27 added to existing stakes and 24 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $3.45M. The largest seller was Basswood Capital Management, cutting an estimated $7.63M.
- 81 institutional investors held Shore Bancshares (SHBI) as of Q4 2018, up from 78 in Q3 2018.
- Funds reported $126M of Shore Bancshares stock for Q4 2018, down 18% quarter-over-quarter.
- 11 funds opened new Shore Bancshares positions in Q4 2018 and 7 closed out, a net change of +4 holders.
- The largest Shore Bancshares buyer in Q4 2018 was Wellington Management Group, an estimated $3.45M added.
- The largest Shore Bancshares seller in Q4 2018 was Basswood Capital Management, an estimated $7.63M sold.
Based on aggregated 13F filings for Q4 2018.