We are live on ! Find out more
SHEN icon

Shenandoah Telecom
SHEN

96 hedge funds and large institutions have $251M invested in Shenandoah Telecom in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,300% more call options, than puts

Call options by funds: $350K | Put options by funds: $25K

0% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 30

2% less funds holding

Funds holding: 98 → 96 (-2)

20% less capital invested

Capital invested by funds: $313M → $251M (-$62.6M)

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

100% less funds holding in top 10

Funds holding in top 10: 2 → 0 (-2)

Holders
96
Holders Change
-2
Holders Change %
-2.04%
% of All Funds
2.79%
Holding in Top 10
–
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
–
New
8
Increased
30
Reduced
30
Closed
10
Calls
$350K
Puts
$25K
Net Calls
+$325K
Net Calls Change
+$919K

Top Buyers

Rank Fund Capital Flow
1
Bank of New York Mellon
Bank of New York Mellon
New York
+$2.16M
2
SLCM
Seven Locks Capital Management
New York
+$2.07M
3
Vanguard Group
Vanguard Group
Pennsylvania
+$1.04M
4
Invesco
Invesco
Georgia
+$808K
5
Citadel Advisors
Citadel Advisors
Florida
+$647K

Top Sellers

Rank Fund Capital Flow
1
Norges Bank
Norges Bank
Norway
-$6.12M
2
BFA
BlackRock Fund Advisors
California
-$1.93M
3
1WCM
12 West Capital Management
New York
-$1.71M
4
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$1.16M
5
TC
TFS Capital
Pennsylvania
-$905K
Name Holding Trade Value Shares
Change 		Change in
Stake
VNA
26
VNBTrust National Association
Virginia
$1.41M – – –
PAM
27
Paradigm Asset Management
New York
$1.36M +$33.7K +2,400 +2%
PPA
28
Parametric Portfolio Associates
Washington
$1.3M -$28 -2 -0%
First Trust Advisors
29
First Trust Advisors
Illinois
$1.29M +$442K +31,502 +44%
WCM
30
Wedge Capital Management
North Carolina
$1.16M +$67.4K +4,800 +5%
CIM
31
Calvert Investment Management
Maryland
$1.11M -$58.6K -4,170 -4%
California State Teachers Retirement System (CalSTRS)
32
California State Teachers Retirement System (CalSTRS)
California
$1.1M +$12.7K +906 +1%
AllianceBernstein
33
AllianceBernstein
Tennessee
$1.03M – – –
GCP
34
GSA Capital Partners
United Kingdom
$1.02M +$239K +17,018 +26%
TBC
35
Tweedy, Browne Co
Connecticut
$988K – – –
Morgan Stanley
36
Morgan Stanley
New York
$868K +$244K +17,366 +33%
TA
37
Teachers Advisors
New York
$854K – – –
EI
38
EAM Investors
California
$737K -$364K -25,892 -30%
RFC
39
Russell Frank Company
Washington
$680K -$295K -21,004 -28%
State Board of Administration of Florida Retirement System
40
State Board of Administration of Florida Retirement System
Florida
$668K – – –
SAM
41
Shell Asset Management
Netherlands
$664K +$70K +4,986 +10%
SO
42
STRS Ohio
Ohio
$656K -$68.6K -4,882 -8%
Massachusetts Financial Services
43
Massachusetts Financial Services
Massachusetts
$652K +$292K +20,814 +66%
CS
44
Credit Suisse
Switzerland
$623K -$219K -15,622 -24%
Citadel Advisors
45
Citadel Advisors
Florida
$571K +$647K +46,062 New
Swiss National Bank
46
Swiss National Bank
Switzerland
$568K – – –
Millennium Management
47
Millennium Management
New York
$559K +$346K +24,644 +121%
Goldman Sachs
48
Goldman Sachs
New York
$555K -$334K -23,752 -35%
NFA
49
Nationwide Fund Advisors
Ohio
$554K -$2.56K -182 -0.4%
MERSOM
50
Municipal Employees' Retirement System of Michigan
Michigan
$538K – – –
1
2
3 4 5

SHEN Hedge Fund Activity: Q3 2014 in Review

96 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q3 2014, worth a combined $251M — down 20% from $313M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of SHEN and 8 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 30 added.

The largest buyer was Bank of New York Mellon, adding an estimated $2.16M. The largest seller was Norges Bank, cutting an estimated $6.12M.

  • 96 institutional investors held Shenandoah Telecom (SHEN) as of Q3 2014, down from 98 in Q2 2014.
  • Funds reported $251M of Shenandoah Telecom stock for Q3 2014, down 20% quarter-over-quarter.
  • 8 funds opened new Shenandoah Telecom positions in Q3 2014 and 10 closed out, a net change of -2 holders.
  • The largest Shenandoah Telecom buyer in Q3 2014 was Bank of New York Mellon, an estimated $2.16M added.
  • The largest Shenandoah Telecom seller in Q3 2014 was Norges Bank, an estimated $6.12M sold.

Based on aggregated 13F filings for Q3 2014.