Shore Bancshares
SHBI
71 hedge funds and large institutions have $99.3M invested in Shore Bancshares in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
1% more funds holding
Funds holding: 70 → 71 (+1)
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
2% more capital invested
Capital invested by funds: $97.4M → $99.3M (+$1.88M)
0.07% more ownership
Funds ownership: 71.47% → 71.54% (+0.07%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$1.2M |
| 2 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
+$1.04M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$554K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$461K |
| 5 |
BlackRock
New York
|
+$399K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.74M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.1M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$637K |
| 4 |
GC
Globeflex Capital
San Diego,
California
|
-$603K |
| 5 |
MCM
Maltese Capital Management
New York
|
-$438K |
SHBI Hedge Fund Activity: Q2 2020 in Review
71 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q2 2020, worth a combined $99.3M — up 1.9% from $97.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SHBI positions and 6 closed out — a net gain of 2 holders — while 23 added to existing stakes and 21 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $1.2M. The largest seller was EJF Capital, cutting an estimated $1.74M.
- 71 institutional investors held Shore Bancshares (SHBI) as of Q2 2020, up from 70 in Q1 2020.
- Funds reported $99.3M of Shore Bancshares stock for Q2 2020, up 1.9% quarter-over-quarter.
- 8 funds opened new Shore Bancshares positions in Q2 2020 and 6 closed out, a net change of +2 holders.
- The largest Shore Bancshares buyer in Q2 2020 was Russell Investments Group, an estimated $1.2M added.
- The largest Shore Bancshares seller in Q2 2020 was EJF Capital, an estimated $1.74M sold.
Based on aggregated 13F filings for Q2 2020.