Shenandoah Telecom
SHEN
150 hedge funds and large institutions have $1.32B invested in Shenandoah Telecom in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 43 increasing their positions, 60 reducing their positions, and 28 closing their positions.
13% more capital invested
Capital invested by funds: $1.18B → $1.32B (+$148M)
0.14% less ownership
Funds ownership: 54.59% → 54.45% (-0.14%)
3% less funds holding
Funds holding: 154 → 150 (-4)
11% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 28
28% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 60
81% less call options, than puts
Call options by funds: $2.19M | Put options by funds: $11.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$20.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$10.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.81M |
| 4 |
BlackRock
New York
|
+$3.42M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$11.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$10.8M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.22M |
| 4 |
Morgan Stanley
New York
|
-$5.01M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$4.02M |
SHEN Hedge Fund Activity: Q1 2021 in Review
150 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q1 2021, worth a combined $1.32B — up 13% from $1.18B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SHEN and 25 opened new positions — a net loss of 3 holders — while 60 trimmed existing stakes and 43 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $20.5M. The largest seller was Renaissance Technologies, cutting an estimated $11.5M.
- 150 institutional investors held Shenandoah Telecom (SHEN) as of Q1 2021, down from 154 in Q4 2020.
- Funds reported $1.32B of Shenandoah Telecom stock for Q1 2021, up 13% quarter-over-quarter.
- 25 funds opened new Shenandoah Telecom positions in Q1 2021 and 28 closed out, a net change of -3 holders.
- The largest Shenandoah Telecom buyer in Q1 2021 was Citadel Advisors, an estimated $20.5M added.
- The largest Shenandoah Telecom seller in Q1 2021 was Renaissance Technologies, an estimated $11.5M sold.
Based on aggregated 13F filings for Q1 2021.