Shore Bancshares
SHBI
64 hedge funds and large institutions have $121M invested in Shore Bancshares in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 6 closing their positions.
36% more capital invested
Capital invested by funds: $89.3M → $121M (+$32.2M)
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
4.22% more ownership
Funds ownership: 64.95% → 69.16% (+4.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 67 → 64 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
+$792K |
| 2 |
BlackRock
New York
|
+$688K |
| 3 |
JP Morgan Chase
New York
|
+$243K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$145K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$103K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$2.62M |
| 2 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
-$1.13M |
| 3 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$757K |
| 4 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$693K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$391K |
SHBI Hedge Fund Activity: Q4 2020 in Review
64 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q4 2020, worth a combined $121M — up 36% from $89.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SHBI and 3 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 23 added.
The largest buyer was Gendell Jeffrey L, adding an estimated $792K. The largest seller was Penn Capital Management, cutting an estimated $2.62M.
- 64 institutional investors held Shore Bancshares (SHBI) as of Q4 2020, down from 67 in Q3 2020.
- Funds reported $121M of Shore Bancshares stock for Q4 2020, up 36% quarter-over-quarter.
- 3 funds opened new Shore Bancshares positions in Q4 2020 and 6 closed out, a net change of -3 holders.
- The largest Shore Bancshares buyer in Q4 2020 was Gendell Jeffrey L, an estimated $792K added.
- The largest Shore Bancshares seller in Q4 2020 was Penn Capital Management, an estimated $2.62M sold.
Based on aggregated 13F filings for Q4 2020.