Shenandoah Telecom
SHEN
116 hedge funds and large institutions have $909M invested in Shenandoah Telecom in 2017 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 32 increasing their positions, 36 reducing their positions, and 6 closing their positions.
300% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 6
98% more call options, than puts
Call options by funds: $1.21M | Put options by funds: $610K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
20% more capital invested
Capital invested by funds: $756M → $909M (+$153M)
16% more funds holding
Funds holding: 100 → 116 (+16)
0.49% less ownership
Funds ownership: 50.19% → 49.7% (-0.49%)
11% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$5.82M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$4.55M |
| 4 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$1.67M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$16.3M |
| 2 |
CA
Claar Advisors
New York
|
-$13M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$10.8M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.97M |
| 5 |
BlackRock
New York
|
-$2.37M |
SHEN Hedge Fund Activity: Q3 2017 in Review
116 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q3 2017, worth a combined $909M — up 20% from $756M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SHEN positions and 6 closed out — a net gain of 18 holders — while 32 added to existing stakes and 36 trimmed.
The largest buyer was Vanguard Group, adding an estimated $30M. The largest seller was TimesSquare Capital Management, cutting an estimated $16.3M.
- 116 institutional investors held Shenandoah Telecom (SHEN) as of Q3 2017, up from 100 in Q2 2017.
- Funds reported $909M of Shenandoah Telecom stock for Q3 2017, up 20% quarter-over-quarter.
- 24 funds opened new Shenandoah Telecom positions in Q3 2017 and 6 closed out, a net change of +18 holders.
- The largest Shenandoah Telecom buyer in Q3 2017 was Vanguard Group, an estimated $30M added.
- The largest Shenandoah Telecom seller in Q3 2017 was TimesSquare Capital Management, an estimated $16.3M sold.
Based on aggregated 13F filings for Q3 2017.