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Shore Bancshares
SHBI

111 hedge funds and large institutions have $261M invested in Shore Bancshares in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 40 increasing their positions, 35 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more capital invested

Capital invested by funds: $186M → $261M (+$75M)

14% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 35

1.98% more ownership

Funds ownership: 53.26% → 55.24% (+2%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

1% less funds holding

Funds holding: 112 → 111 (-1)

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

Holders
111
Holders Change
-1
Holders Change %
-0.89%
% of All Funds
1.62%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
10
Increased
40
Reduced
35
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$3.52M
2
BlackRock
BlackRock
New York
+$1.63M
3
SSB
Sandy Spring Bank
Maryland
+$1.41M
4
Bank of New York Mellon
Bank of New York Mellon
New York
+$1.08M
5
Vanguard Group
Vanguard Group
Pennsylvania
+$679K

Top Sellers

Rank Fund Capital Flow
1
FLC
Fifth Lane Capital
Texas
-$1.13M
2
Citadel Advisors
Citadel Advisors
Florida
-$743K
3
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$717K
4
SO
STRS Ohio
Ohio
-$536K
5
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$531K
Name Holding Trade Value Shares
Change 		Change in
Stake
FL
1
Fourthstone LLC
Missouri
$46.9M -$216K -18,280 -0.6%
BlackRock
2
BlackRock
New York
$42.9M +$1.63M +138,554 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$22.9M +$679K +57,557 +4%
Manulife (Manufacturers Life Insurance)
4
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$15.1M -$531K -44,981 -4%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$14.9M +$594K +50,356 +5%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$9.16M +$352K +29,841 +5%
Morgan Stanley
7
Morgan Stanley
New York
$8.01M +$3.52M +298,358 +113%
State Street
8
State Street
Massachusetts
$6.63M -$148K -12,552 -3%
AllianceBernstein
9
AllianceBernstein
Tennessee
$6.63M +$60.9K +5,160 +1%
BFC
10
Banc Funds Company
Illinois
$6.57M – – –
Renaissance Technologies
11
Renaissance Technologies
New York
$5.18M +$56.6K +4,800 +1%
MCA
12
Mendon Capital Advisors
Florida
$3.95M +$3.27M +277,282 New
Northern Trust
13
Northern Trust
Illinois
$3.92M +$78K +6,611 +2%
GJL
14
Gendell Jeffrey L
$3.9M +$472K +40,000 +17%
PCMF
15
Private Capital Management (Florida)
Florida
$3.54M -$25.9K -2,199 -0.9%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$3.49M +$1.08M +91,788 +60%
Hotchkis & Wiley Capital Management
17
Hotchkis & Wiley Capital Management
California
$3.45M +$25.7K +2,175 +0.9%
BCM
18
Bridgeway Capital Management
Texas
$3.4M +$128K +10,837 +5%
SCP
19
Siena Capital Partners
Illinois
$2.78M – – –
CRC
20
Curi RMB Capital
Illinois
$2.71M – – –
CIM
21
Corbyn Investment Management
Maryland
$2.27M -$171K -14,466 -8%
FCM
22
FJ Capital Management
Virginia
$2.18M – – –
PU
23
Petiole USA
New York
$2.1M – – –
HAM
24
HoldCo Asset Management
Florida
$1.94M – – –
American Century Companies
25
American Century Companies
Missouri
$1.86M +$54.7K +4,637 +4%
1
2 3 4 5

SHBI Hedge Fund Activity: Q4 2023 in Review

111 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q4 2023, worth a combined $261M — up 40% from $186M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of SHBI and 10 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 40 added.

The largest buyer was Morgan Stanley, adding an estimated $3.52M. The largest seller was Fifth Lane Capital, exiting entirely with an estimated $1.13M sold.

  • 111 institutional investors held Shore Bancshares (SHBI) as of Q4 2023, down from 112 in Q3 2023.
  • Funds reported $261M of Shore Bancshares stock for Q4 2023, up 40% quarter-over-quarter.
  • 10 funds opened new Shore Bancshares positions in Q4 2023 and 11 closed out, a net change of -1 holder.
  • The largest Shore Bancshares buyer in Q4 2023 was Morgan Stanley, an estimated $3.52M added.
  • The largest Shore Bancshares seller in Q4 2023 was Fifth Lane Capital, an estimated $1.13M sold.

Based on aggregated 13F filings for Q4 2023.