Shenandoah Telecom
SHEN
98 hedge funds and large institutions have $313M invested in Shenandoah Telecom in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 36 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
10% more funds holding
Funds holding: 89 → 98 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $322M → $313M (-$8.16M)
28% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 36
42% less call options, than puts
Call options by funds: $831K | Put options by funds: $1.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$6.21M |
| 2 |
SLCM
Seven Locks Capital Management
New York
|
+$5.39M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.85M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.25M |
| 5 |
CIP
Convergence Investment Partners
Palm Beach Gardens,
Florida
|
+$590K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$5.36M |
| 2 |
Morgan Stanley
New York
|
-$936K |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$929K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$897K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$884K |
SHEN Hedge Fund Activity: Q2 2014 in Review
98 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q2 2014, worth a combined $313M — down 2.5% from $322M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SHEN positions and 6 closed out — a net gain of 9 holders — while 26 added to existing stakes and 36 trimmed.
The largest buyer was Norges Bank, adding an estimated $6.21M. The largest seller was BlackRock Fund Advisors, cutting an estimated $5.36M.
- 98 institutional investors held Shenandoah Telecom (SHEN) as of Q2 2014, up from 89 in Q1 2014.
- Funds reported $313M of Shenandoah Telecom stock for Q2 2014, down 2.5% quarter-over-quarter.
- 15 funds opened new Shenandoah Telecom positions in Q2 2014 and 6 closed out, a net change of +9 holders.
- The largest Shenandoah Telecom buyer in Q2 2014 was Norges Bank, an estimated $6.21M added.
- The largest Shenandoah Telecom seller in Q2 2014 was BlackRock Fund Advisors, an estimated $5.36M sold.
Based on aggregated 13F filings for Q2 2014.