Shenandoah Telecom
SHEN
80 hedge funds and large institutions have $224M invested in Shenandoah Telecom in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 33 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
10% more capital invested
Capital invested by funds: $203M → $224M (+$20.7M)
3% more funds holding
Funds holding: 78 → 80 (+2)
33% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 33
94% less call options, than puts
Call options by funds: $29K | Put options by funds: $513K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1WCM
12 West Capital Management
New York
|
+$8.93M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.63M |
| 3 |
Renaissance Technologies
New York
|
+$2.03M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$1.65M |
| 5 |
PAM
Paradigm Asset Management
New York
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$2.49M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.07M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
-$1.9M |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$1.54M |
| 5 |
Goldman Sachs
New York
|
-$1.35M |
SHEN Hedge Fund Activity: Q4 2013 in Review
80 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q4 2013, worth a combined $224M — up 10% from $203M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SHEN positions and 9 closed out — a net gain of 2 holders — while 22 added to existing stakes and 33 trimmed.
The largest buyer was 12 West Capital Management, adding an estimated $8.93M. The largest seller was LSV Asset Management, cutting an estimated $2.49M.
- 80 institutional investors held Shenandoah Telecom (SHEN) as of Q4 2013, up from 78 in Q3 2013.
- Funds reported $224M of Shenandoah Telecom stock for Q4 2013, up 10% quarter-over-quarter.
- 11 funds opened new Shenandoah Telecom positions in Q4 2013 and 9 closed out, a net change of +2 holders.
- The largest Shenandoah Telecom buyer in Q4 2013 was 12 West Capital Management, an estimated $8.93M added.
- The largest Shenandoah Telecom seller in Q4 2013 was LSV Asset Management, an estimated $2.49M sold.
Based on aggregated 13F filings for Q4 2013.