We are live on ! Find out more
SHEN icon

Shenandoah Telecom
SHEN

116 hedge funds and large institutions have $863M invested in Shenandoah Telecom in 2018 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 32 increasing their positions, 38 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 15

5% more capital invested

Capital invested by funds: $820M → $863M (+$43.4M)

2% more funds holding

Funds holding: 114 → 116 (+2)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

0.83% less ownership

Funds ownership: 49.22% → 48.4% (-0.83%)

15% less call options, than puts

Call options by funds: $119K | Put options by funds: $140K

16% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 38

Holders
116
Holders Change
+2
Holders Change %
+1.75%
% of All Funds
2.66%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
18
Increased
32
Reduced
38
Closed
15
Calls
$119K
Puts
$140K
Net Calls
-$21K
Net Calls Change
-$370K

Top Buyers

Rank Fund Capital Flow
1
TCM
TimesSquare Capital Management
New York
+$7.05M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$4.86M
3
EMFAT
Emerald Mutual Fund Advisers Trust
Pennsylvania
+$3.14M
4
SG Americas Securities
SG Americas Securities
New York
+$2.16M
5
Geode Capital Management
Geode Capital Management
Massachusetts
+$1.62M

Top Sellers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
-$12.5M
2
VCP
Vernier Capital Partners
New York
-$7.6M
3
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$5.87M
4
Invesco
Invesco
Georgia
-$3.12M
5
TA
Teton Advisors
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
$3.77M +$150K +4,508 +4%
Wells Fargo
27
Wells Fargo
California
$3.73M +$24.8K +744 +0.7%
Goldman Sachs
28
Goldman Sachs
New York
$3.45M -$33.6K -1,010 -1%
TA
29
Teachers Advisors
New York
$3.08M +$54.6K +1,641 +2%
Swiss National Bank
30
Swiss National Bank
Switzerland
$2.93M +$89.8K +2,700 +3%
TBC
31
Tweedy, Browne Co
Connecticut
$2.87M – – –
SG Americas Securities
32
SG Americas Securities
New York
$2.77M +$2.16M +65,028 +543%
LCM
33
Legato Capital Management
California
$2.74M – – –
California State Teachers Retirement System (CalSTRS)
34
California State Teachers Retirement System (CalSTRS)
California
$2.54M -$85.2K -2,561 -3%
First Trust Advisors
35
First Trust Advisors
Illinois
$2.53M -$546K -16,399 -19%
CS
36
Credit Suisse
Switzerland
$2.48M -$1.11M -33,376 -33%
T. Rowe Price Associates
37
T. Rowe Price Associates
Maryland
$2.39M +$263K +7,891 +13%
AllianceBernstein
38
AllianceBernstein
Tennessee
$2.37M -$1.19M -35,630 -35%
Bank of America
39
Bank of America
North Carolina
$2.29M +$340K +10,232 +19%
SIA
40
Sit Investment Associates
Minnesota
$2.06M – – –
Deutsche Bank
41
Deutsche Bank
Germany
$2.06M -$1.66M -50,028 -47%
AQR Capital Management
42
AQR Capital Management
Connecticut
$2.03M – – –
Manulife (Manufacturers Life Insurance)
43
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$2M -$5.87M -176,435 -76%
New York State Common Retirement Fund
44
New York State Common Retirement Fund
New York
$1.9M – – –
Hudson Bay Capital Management
45
Hudson Bay Capital Management
Connecticut
$1.63M +$1.51M +45,357 New
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$1.63M -$45.8K -1,376 -3%
TI
47
Trexquant Investment
Connecticut
$1.62M +$1.49M +44,940 New
TEE
48
Tibra Equities Europe
United Kingdom
$1.59M +$1.47M +44,082 New
Invesco
49
Invesco
Georgia
$1.57M -$3.12M -93,768 -68%
PPA
50
Parametric Portfolio Associates
Washington
$1.27M -$27.1K -815 -2%
1
2
3 4 5

SHEN Hedge Fund Activity: Q1 2018 in Review

116 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q1 2018, worth a combined $863M — up 5.3% from $820M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new SHEN positions and 15 closed out — a net gain of 3 holders — while 32 added to existing stakes and 38 trimmed.

The largest buyer was TimesSquare Capital Management, adding an estimated $7.05M. The largest seller was BlackRock, cutting an estimated $12.5M.

  • 116 institutional investors held Shenandoah Telecom (SHEN) as of Q1 2018, up from 114 in Q4 2017.
  • Funds reported $863M of Shenandoah Telecom stock for Q1 2018, up 5.3% quarter-over-quarter.
  • 18 funds opened new Shenandoah Telecom positions in Q1 2018 and 15 closed out, a net change of +3 holders.
  • The largest Shenandoah Telecom buyer in Q1 2018 was TimesSquare Capital Management, an estimated $7.05M added.
  • The largest Shenandoah Telecom seller in Q1 2018 was BlackRock, an estimated $12.5M sold.

Based on aggregated 13F filings for Q1 2018.