Shore Bancshares
SHBI
67 hedge funds and large institutions have $89.3M invested in Shore Bancshares in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 29 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 71 → 67 (-4)
6.59% less ownership
Funds ownership: 71.54% → 64.95% (-6.6%)
10% less capital invested
Capital invested by funds: $99.3M → $89.3M (-$9.94M)
48% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 29
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
+$305K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$170K |
| 3 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
+$166K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
+$159K |
| 5 |
Goldman Sachs
New York
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.14M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.63M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$1.6M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.38M |
| 5 |
Renaissance Technologies
New York
|
-$651K |
SHBI Hedge Fund Activity: Q3 2020 in Review
67 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q3 2020, worth a combined $89.3M — down 10% from $99.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SHBI and 3 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 15 added.
The largest buyer was Ategra Capital Management, adding an estimated $305K. The largest seller was Vanguard Group, cutting an estimated $2.14M.
- 67 institutional investors held Shore Bancshares (SHBI) as of Q3 2020, down from 71 in Q2 2020.
- Funds reported $89.3M of Shore Bancshares stock for Q3 2020, down 10% quarter-over-quarter.
- 3 funds opened new Shore Bancshares positions in Q3 2020 and 7 closed out, a net change of -4 holders.
- The largest Shore Bancshares buyer in Q3 2020 was Ategra Capital Management, an estimated $305K added.
- The largest Shore Bancshares seller in Q3 2020 was Vanguard Group, an estimated $2.14M sold.
Based on aggregated 13F filings for Q3 2020.