Shore Bancshares
SHBI
115 hedge funds and large institutions have $208M invested in Shore Bancshares in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 41 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
4% more funds holding
Funds holding: 111 → 115 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.01% less ownership
Funds ownership: 54.39% → 54.38% (-0.01%)
19% less capital invested
Capital invested by funds: $257M → $208M (-$48.8M)
20% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.03M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$838K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$655K |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$550K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$416K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$1.39M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$1.23M |
| 3 |
BlackRock
New York
|
-$758K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$679K |
| 5 |
B
Bailard
Foster City,
California
|
-$583K |
SHBI Hedge Fund Activity: Q1 2024 in Review
115 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q1 2024, worth a combined $208M — down 19% from $257M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SHBI positions and 9 closed out — a net gain of 5 holders — while 33 added to existing stakes and 41 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $1.03M. The largest seller was Fourthstone LLC, cutting an estimated $1.39M.
- 115 institutional investors held Shore Bancshares (SHBI) as of Q1 2024, up from 111 in Q4 2023.
- Funds reported $208M of Shore Bancshares stock for Q1 2024, down 19% quarter-over-quarter.
- 14 funds opened new Shore Bancshares positions in Q1 2024 and 9 closed out, a net change of +5 holders.
- The largest Shore Bancshares buyer in Q1 2024 was Dimensional Fund Advisors, an estimated $1.03M added.
- The largest Shore Bancshares seller in Q1 2024 was Fourthstone LLC, an estimated $1.39M sold.
Based on aggregated 13F filings for Q1 2024.