Shore Bancshares
SHBI
70 hedge funds and large institutions have $153M invested in Shore Bancshares in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 27 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
26% more capital invested
Capital invested by funds: $122M → $153M (+$31.6M)
9% more funds holding
Funds holding: 64 → 70 (+6)
7.45% more ownership
Funds ownership: 69.16% → 76.61% (+7.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
37% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$5.76M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$3.75M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$1M |
| 4 |
BlackRock
New York
|
+$838K |
| 5 |
MCM
Maltese Capital Management
New York
|
+$770K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.78M |
| 2 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
-$713K |
| 3 |
State Street
Boston,
Massachusetts
|
-$587K |
| 4 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$431K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$362K |
SHBI Hedge Fund Activity: Q1 2021 in Review
70 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q1 2021, worth a combined $153M — up 26% from $122M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SHBI positions and 3 closed out — a net gain of 7 holders — while 17 added to existing stakes and 27 trimmed.
The largest buyer was FJ Capital Management, adding an estimated $5.76M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $1.78M sold.
- 70 institutional investors held Shore Bancshares (SHBI) as of Q1 2021, up from 64 in Q4 2020.
- Funds reported $153M of Shore Bancshares stock for Q1 2021, up 26% quarter-over-quarter.
- 10 funds opened new Shore Bancshares positions in Q1 2021 and 3 closed out, a net change of +7 holders.
- The largest Shore Bancshares buyer in Q1 2021 was FJ Capital Management, an estimated $5.76M added.
- The largest Shore Bancshares seller in Q1 2021 was Kennedy Capital Management, an estimated $1.78M sold.
Based on aggregated 13F filings for Q1 2021.