Shenandoah Telecom
SHEN
89 hedge funds and large institutions have $322M invested in Shenandoah Telecom in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
44% more capital invested
Capital invested by funds: $224M → $322M (+$97.7M)
27% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 26
11% more funds holding
Funds holding: 80 → 89 (+9)
4% more call options, than puts
Call options by funds: $2M | Put options by funds: $1.91M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.11M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
+$6.26M |
| 3 |
SLCM
Seven Locks Capital Management
New York
|
+$5.25M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$1.29M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$2.14M |
| 2 |
1WCM
12 West Capital Management
New York
|
-$1.82M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.68M |
| 4 |
Bank of New York Mellon
New York
|
-$1.34M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.34M |
SHEN Hedge Fund Activity: Q1 2014 in Review
89 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q1 2014, worth a combined $322M — up 44% from $224M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SHEN positions and 6 closed out — a net gain of 9 holders — while 33 added to existing stakes and 26 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $7.11M. The largest seller was Advisory Research, exiting entirely with an estimated $2.14M sold.
- 89 institutional investors held Shenandoah Telecom (SHEN) as of Q1 2014, up from 80 in Q4 2013.
- Funds reported $322M of Shenandoah Telecom stock for Q1 2014, up 44% quarter-over-quarter.
- 15 funds opened new Shenandoah Telecom positions in Q1 2014 and 6 closed out, a net change of +9 holders.
- The largest Shenandoah Telecom buyer in Q1 2014 was BlackRock Fund Advisors, an estimated $7.11M added.
- The largest Shenandoah Telecom seller in Q1 2014 was Advisory Research, an estimated $2.14M sold.
Based on aggregated 13F filings for Q1 2014.