We are live on ! Find out more
SHEN icon

Shenandoah Telecom
SHEN

116 hedge funds and large institutions have $909M invested in Shenandoah Telecom in 2017 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 32 increasing their positions, 36 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 6

98% more call options, than puts

Call options by funds: $1.21M | Put options by funds: $610K

50% more funds holding in top 10

Funds holding in top 10: 2 → 3 (+1)

20% more capital invested

Capital invested by funds: $756M → $909M (+$153M)

16% more funds holding

Funds holding: 100 → 116 (+16)

0.49% less ownership

Funds ownership: 50.19% → 49.7% (-0.49%)

11% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 36

Holders
116
Holders Change
+16
Holders Change %
+16%
% of All Funds
2.89%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
24
Increased
32
Reduced
36
Closed
6
Calls
$1.21M
Puts
$610K
Net Calls
+$600K
Net Calls Change
+$953K

Top Buyers

Rank Fund Capital Flow
1
Vanguard Group
Vanguard Group
Pennsylvania
+$30M
2
Mawer Investment Management
Mawer Investment Management
Alberta, Canada
+$5.82M
3
Norges Bank
Norges Bank
Norway
+$4.55M
4
CAM
Congress Asset Management
Massachusetts
+$1.67M
5
Prudential Financial
Prudential Financial
New Jersey
+$1.53M

Top Sellers

Rank Fund Capital Flow
1
TCM
TimesSquare Capital Management
New York
-$16.3M
2
CA
Claar Advisors
New York
-$13M
3
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$10.8M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.97M
5
BlackRock
BlackRock
New York
-$2.37M
Name Holding Trade Value Shares
Change 		Change in
Stake
California Public Employees Retirement System
26
California Public Employees Retirement System
California
$3.8M +$279K +8,237 +9%
AllianceBernstein
27
AllianceBernstein
Tennessee
$3.77M +$1.21M +35,630 +54%
Goldman Sachs
28
Goldman Sachs
New York
$3.45M +$366K +10,786 +13%
Wells Fargo
29
Wells Fargo
California
$3.2M +$640K +18,862 +28%
TA
30
Teachers Advisors
New York
$3.1M -$43.9K -1,293 -2%
EMFAT
31
Emerald Mutual Fund Advisers Trust
Pennsylvania
$2.97M +$780K +23,000 +41%
TBC
32
Tweedy, Browne Co
Connecticut
$2.96M – – –
Swiss National Bank
33
Swiss National Bank
Switzerland
$2.84M – – –
LCM
34
Legato Capital Management
California
$2.83M -$14.1K -415 -0.5%
California State Teachers Retirement System (CalSTRS)
35
California State Teachers Retirement System (CalSTRS)
California
$2.77M -$270K -7,952 -10%
Morgan Stanley
36
Morgan Stanley
New York
$2.58M +$721K +21,252 +44%
MLICM
37
Metropolitan Life Insurance Company (MetLife)
New York
$2.45M +$1.12M +32,886 +100%
T. Rowe Price Associates
38
T. Rowe Price Associates
Maryland
$2.19M -$475K -14,000 -19%
SIA
39
Sit Investment Associates
Minnesota
$2.1M -$39K -1,150 -2%
RhumbLine Advisers
40
RhumbLine Advisers
Massachusetts
$2.03M +$18.5K +545 +1%
New York State Common Retirement Fund
41
New York State Common Retirement Fund
New York
$1.97M +$147K +4,340 +9%
PPA
42
Parametric Portfolio Associates
Washington
$1.97M -$127K -3,732 -7%
Invesco
43
Invesco
Georgia
$1.93M +$398K +11,724 +29%
AQR Capital Management
44
AQR Capital Management
Connecticut
$1.89M -$17.3K -511 -1%
CAM
45
Congress Asset Management
Massachusetts
$1.83M +$1.67M +49,250 New
Deutsche Bank
46
Deutsche Bank
Germany
$1.68M -$517K -15,236 -25%
Prudential Financial
47
Prudential Financial
New Jersey
$1.67M +$1.53M +44,966 New
ERSOT
48
Employees Retirement System of Texas
Texas
$1.64M – – –
State Board of Administration of Florida Retirement System
49
State Board of Administration of Florida Retirement System
Florida
$1.43M – – –
AIG
50
American International Group
New York
$1.16M +$79.1K +2,330 +8%
1
2
3 4 5

SHEN Hedge Fund Activity: Q3 2017 in Review

116 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q3 2017, worth a combined $909M — up 20% from $756M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new SHEN positions and 6 closed out — a net gain of 18 holders — while 32 added to existing stakes and 36 trimmed.

The largest buyer was Vanguard Group, adding an estimated $30M. The largest seller was TimesSquare Capital Management, cutting an estimated $16.3M.

  • 116 institutional investors held Shenandoah Telecom (SHEN) as of Q3 2017, up from 100 in Q2 2017.
  • Funds reported $909M of Shenandoah Telecom stock for Q3 2017, up 20% quarter-over-quarter.
  • 24 funds opened new Shenandoah Telecom positions in Q3 2017 and 6 closed out, a net change of +18 holders.
  • The largest Shenandoah Telecom buyer in Q3 2017 was Vanguard Group, an estimated $30M added.
  • The largest Shenandoah Telecom seller in Q3 2017 was TimesSquare Capital Management, an estimated $16.3M sold.

Based on aggregated 13F filings for Q3 2017.