Shenandoah Telecom
SHEN
98 hedge funds and large institutions have $293M invested in Shenandoah Telecom in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 33 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
17% more capital invested
Capital invested by funds: $251M → $293M (+$42.6M)
2% more funds holding
Funds holding: 96 → 98 (+2)
14% less call options, than puts
Call options by funds: $391K | Put options by funds: $453K
24% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$21.4M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.73M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.3M |
| 4 |
MOACM
Mutual of America Capital Management
New York
|
+$2.16M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1WCM
12 West Capital Management
New York
|
-$25.3M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$6.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.43M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$737K |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$680K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
101
Bridgeway Capital Management
Houston,
Texas
| – | -$528K | -42,600 | Closed |
|
|
PP
102
PDT Partners
New York
| – | -$520K | -41,940 | Closed |
|
103
Nomura Holdings
Tokyo,
Japan
| – | -$440K | -35,398 | Closed |
|
|
ARTA
104
A.R.T. Advisors
New York
| – | -$292K | -23,592 | Closed |
|
|
ZIM
105
Zacks Investment Management
Chicago,
Illinois
| – | -$218K | -17,614 | Closed |
|
106
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$211K | -17,000 | Closed |
|
|
IMS
107
Index Management Solutions
Philadelphia,
Pennsylvania
| – | -$197K | -15,878 | Closed |
|
108
BNP Paribas Financial Markets
Paris,
France
| – | -$35.7K | -2,874 | Closed |
|
|
RAM
109
Riggs Asset Management
Dallas,
Pennsylvania
| – | +$283 | +20 | New |
|
SHEN Hedge Fund Activity: Q4 2014 in Review
98 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q4 2014, worth a combined $293M — up 17% from $251M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SHEN positions and 11 closed out — a net gain of 5 holders — while 25 added to existing stakes and 33 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $21.4M. The largest seller was 12 West Capital Management, exiting entirely with an estimated $25.3M sold.
- 98 institutional investors held Shenandoah Telecom (SHEN) as of Q4 2014, up from 96 in Q3 2014.
- Funds reported $293M of Shenandoah Telecom stock for Q4 2014, up 17% quarter-over-quarter.
- 16 funds opened new Shenandoah Telecom positions in Q4 2014 and 11 closed out, a net change of +5 holders.
- The largest Shenandoah Telecom buyer in Q4 2014 was Dimensional Fund Advisors, an estimated $21.4M added.
- The largest Shenandoah Telecom seller in Q4 2014 was 12 West Capital Management, an estimated $25.3M sold.
Based on aggregated 13F filings for Q4 2014.