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Shore Bancshares

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.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 9

4% more funds holding

Funds holding: 111115 (+4)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.86% less ownership

Funds ownership: 55.24%54.38% (-0.86%)

20% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 41

20% less capital invested

Capital invested by funds: $261M → $208M (-$52.8M)

Holders
115
Holders Change
+4
Holders Change %
+3.6%
% of All Funds
1.66%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
14
Increased
33
Reduced
41
Closed
9
Calls
$14K
Puts
Net Calls
+$14K
Net Calls Change
+$14K
Name Holding Trade Value Shares
Change
Change in
Stake
FL
1
Fourthstone LLC
Missouri
$36.5M -$1.39M -116,238 -4%
BlackRock
2
BlackRock
New York
$33.9M -$758K -63,186 -2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$18.6M +$138K +11,544 +0.7%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$13M +$1.03M +86,108 +8%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$11.6M -$567K -47,251 -4%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$7.61M +$224K +18,632 +3%
BFC
7
Banc Funds Company
Illinois
$5.58M +$288K +24,000 +5%
State Street
8
State Street
Massachusetts
$5.57M +$230K +19,154 +4%
AllianceBernstein
9
AllianceBernstein
Tennessee
$5.49M +$153K +12,795 +3%
Renaissance Technologies
10
Renaissance Technologies
New York
$4.21M +$34.8K +2,900 +0.8%
GJL
11
Gendell Jeffrey L
$3.26M +$120K +10,000 +4%
Northern Trust
12
Northern Trust
Illinois
$3.15M -$10.6K -882 -0.3%
Morgan Stanley
13
Morgan Stanley
New York
$3.12M -$3.49M -290,529 -52%
BCM
14
Bridgeway Capital Management
Texas
$2.85M +$118K +9,800 +4%
PCMF
15
Private Capital Management (Florida)
Florida
$2.85M -$8.69K -724 -0.3%
MCA
16
Mendon Capital Advisors
Florida
$2.82M -$1.23M -102,282 -37%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$2.75M -$64.3K -5,363 -2%
Hotchkis & Wiley Capital Management
18
Hotchkis & Wiley Capital Management
California
$2.75M -$39.6K -3,300 -1%
SCP
19
Siena Capital Partners
Illinois
$2.25M
CRC
20
Curi RMB Capital
Illinois
$2.01M -$179K -14,929 -8%
CIM
21
Corbyn Investment Management
Maryland
$1.96M +$133K +11,074 +7%
FCM
22
FJ Capital Management
Virginia
$1.76M
American Century Companies
23
American Century Companies
Missouri
$1.72M +$229K +19,119 +15%
PU
24
Petiole USA
New York
$1.7M
HAM
25
HoldCo Asset Management
Florida
$1.57M

SHBI Hedge Fund Activity: Q1 2024 in Review

115 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q1 2024, worth a combined $208M — down 20% from $261M 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 Morgan Stanley, cutting an estimated $3.49M.

  • 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 20% 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 Morgan Stanley, an estimated $3.49M sold.

Based on aggregated 13F filings for Q1 2024.