Shenandoah Telecom
SHEN
103 hedge funds and large institutions have $684M invested in Shenandoah Telecom in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 35 reducing their positions, and 13 closing their positions.
5% more capital invested
Capital invested by funds: $654M → $684M (+$29.9M)
0.66% more ownership
Funds ownership: 49% → 49.66% (+0.66%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
6% less funds holding
Funds holding: 110 → 103 (-7)
11% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 35
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $376K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$102M |
| 2 |
CA
Claar Advisors
New York
|
+$10.8M |
| 3 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$9.35M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
+$8.67M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$11.3M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.97M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$3.58M |
| 4 |
Morgan Stanley
New York
|
-$2.93M |
| 5 |
EA
Evanston Advisors
Schaumburg,
Illinois
|
-$2.53M |
SHEN Hedge Fund Activity: Q1 2017 in Review
103 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q1 2017, worth a combined $684M — up 4.6% from $654M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SHEN and 12 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 31 added.
The largest buyer was BlackRock, adding an estimated $102M. The largest seller was Bank of New York Mellon, cutting an estimated $11.3M.
- 103 institutional investors held Shenandoah Telecom (SHEN) as of Q1 2017, down from 110 in Q4 2016.
- Funds reported $684M of Shenandoah Telecom stock for Q1 2017, up 4.6% quarter-over-quarter.
- 12 funds opened new Shenandoah Telecom positions in Q1 2017 and 13 closed out, a net change of -1 holder.
- The largest Shenandoah Telecom buyer in Q1 2017 was BlackRock, an estimated $102M added.
- The largest Shenandoah Telecom seller in Q1 2017 was Bank of New York Mellon, an estimated $11.3M sold.
Based on aggregated 13F filings for Q1 2017.