Shore Bancshares
SHBI
75 hedge funds and large institutions have $125M invested in Shore Bancshares in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 25 increasing their positions, 21 reducing their positions, and 9 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 21
1% less capital invested
Capital invested by funds: $126M → $125M (-$984K)
2.46% less ownership
Funds ownership: 67.97% → 65.52% (-2.5%)
7% less funds holding
Funds holding: 81 → 75 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$1.05M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$532K |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$416K |
| 4 |
GJL
Gendell Jeffrey L
|
+$372K |
| 5 |
Renaissance Technologies
New York
|
+$345K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.68M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$986K |
| 3 |
Man Group
London,
United Kingdom
|
-$737K |
| 4 |
BlackRock
New York
|
-$509K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$472K |
SHBI Hedge Fund Activity: Q1 2019 in Review
75 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q1 2019, worth a combined $125M — down 0.78% from $126M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SHBI and 3 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 25 added.
The largest buyer was FJ Capital Management, adding an estimated $1.05M. The largest seller was Wellington Management Group, cutting an estimated $2.68M.
- 75 institutional investors held Shore Bancshares (SHBI) as of Q1 2019, down from 81 in Q4 2018.
- Funds reported $125M of Shore Bancshares stock for Q1 2019, down 0.78% quarter-over-quarter.
- 3 funds opened new Shore Bancshares positions in Q1 2019 and 9 closed out, a net change of -6 holders.
- The largest Shore Bancshares buyer in Q1 2019 was FJ Capital Management, an estimated $1.05M added.
- The largest Shore Bancshares seller in Q1 2019 was Wellington Management Group, an estimated $2.68M sold.
Based on aggregated 13F filings for Q1 2019.