Shenandoah Telecom
SHEN
96 hedge funds and large institutions have $251M invested in Shenandoah Telecom in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 10 closing their positions.
1,300% more call options, than puts
Call options by funds: $350K | Put options by funds: $25K
0% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 30
2% less funds holding
Funds holding: 98 → 96 (-2)
20% less capital invested
Capital invested by funds: $313M → $251M (-$62.6M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| 1 |
Bank of New York Mellon
New York
|
+$2.16M |
| 2 |
SLCM
Seven Locks Capital Management
New York
|
+$2.07M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.04M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$808K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$647K |
Top Sellers
| 1 |
Norges Bank
Oslo,
Norway
|
-$6.12M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.93M |
| 3 |
1WCM
12 West Capital Management
New York
|
-$1.71M |
| 4 |
D.E. Shaw & Co
New York
|
-$1.16M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$905K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$270K | -17,748 | Closed |
|
|
VFA
102
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$63K | -4,114 | Closed |
|
|
PCM
103
Prelude Capital Management
New York
| – | -$41K | -2,720 | Closed |
|
104
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$19K | -1,220 | Closed |
|
|
TRCT
105
Tower Research Capital (TRC)
New York
| – | -$3K | -200 | Closed |
|
SHEN Hedge Fund Activity: Q3 2014 in Review
96 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q3 2014, worth a combined $251M — down 20% from $313M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SHEN and 8 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 30 added.
The largest buyer was Bank of New York Mellon, adding an estimated $2.16M. The largest seller was Norges Bank, cutting an estimated $6.12M.
- 96 institutional investors held Shenandoah Telecom (SHEN) as of Q3 2014, down from 98 in Q2 2014.
- Funds reported $251M of Shenandoah Telecom stock for Q3 2014, down 20% quarter-over-quarter.
- 8 funds opened new Shenandoah Telecom positions in Q3 2014 and 10 closed out, a net change of -2 holders.
- The largest Shenandoah Telecom buyer in Q3 2014 was Bank of New York Mellon, an estimated $2.16M added.
- The largest Shenandoah Telecom seller in Q3 2014 was Norges Bank, an estimated $6.12M sold.
Based on aggregated 13F filings for Q3 2014.