Shore Bancshares
SHBI
114 hedge funds and large institutions have $269M invested in Shore Bancshares in 2024 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
27% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 33
23% more capital invested
Capital invested by funds: $220M → $269M (+$49.4M)
2% more funds holding
Funds holding: 112 → 114 (+2)
0.49% more ownership
Funds ownership: 57.23% → 57.72% (+0.49%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$1.87M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$1.7M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.54M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.08M |
| 5 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$734K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.47M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$899K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$747K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$575K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$547K |
SHBI Hedge Fund Activity: Q3 2024 in Review
114 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Shore Bancshares (SHBI) for Q3 2024, worth a combined $269M — up 23% from $220M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SHBI positions and 7 closed out — a net gain of 2 holders — while 42 added to existing stakes and 33 trimmed.
The largest buyer was Mendon Capital Advisors, adding an estimated $1.87M. The largest seller was BlackRock, cutting an estimated $1.47M.
- 114 institutional investors held Shore Bancshares (SHBI) as of Q3 2024, up from 112 in Q2 2024.
- Funds reported $269M of Shore Bancshares stock for Q3 2024, up 23% quarter-over-quarter.
- 9 funds opened new Shore Bancshares positions in Q3 2024 and 7 closed out, a net change of +2 holders.
- The largest Shore Bancshares buyer in Q3 2024 was Mendon Capital Advisors, an estimated $1.87M added.
- The largest Shore Bancshares seller in Q3 2024 was BlackRock, an estimated $1.47M sold.
Based on aggregated 13F filings for Q3 2024.