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Shenandoah Telecom

125 hedge funds and large institutions have $643M invested in Shenandoah Telecom in 2016 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 42 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

2% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 42

9% less funds holding

Funds holding: 137125 (-12)

22% less capital invested

Capital invested by funds: $821M → $643M (-$179M)

38% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 32

62% less call options, than puts

Call options by funds: $455K | Put options by funds: $1.19M

Holders
125
Holders Change
-12
Holders Change %
-8.76%
% of All Funds
3.34%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
20
Increased
41
Reduced
42
Closed
32
Calls
$455K
Puts
$1.19M
Net Calls
-$738K
Net Calls Change
-$1.52M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
101
BlackRock
New York
$129K +$6.52K +203 +4%
Toronto Dominion Bank
102
Toronto Dominion Bank
Ontario, Canada
$126K +$137K +4,282 +1,196%
BNP Paribas Financial Markets
103
BNP Paribas Financial Markets
France
$108K +$55.1K +1,715 +76%
JP Morgan Chase
104
JP Morgan Chase
New York
$71K +$65.5K +2,040 +354%
Zurich Cantonal Bank
105
Zurich Cantonal Bank
Switzerland
$54K +$6.1K +190 +11%
Creative Planning
106
Creative Planning
Kansas
$35K +$41.1K +1,280 New
SSB
107
Sandy Spring Bank
Maryland
$34K
PNC Financial Services Group
108
PNC Financial Services Group
Pennsylvania
$25K +$19.9K +621 +208%
QI
109
QS Investors
New York
$22K
Simplex Trading
110
Simplex Trading
Illinois
$19K +$23.6K +734 New
MCM
111
McKinley Capital Management
Alaska
$18K +$21.2K +660 New
Bank of Montreal
112
Bank of Montreal
Ontario, Canada
$14K
CG
113
Cutler Group
California
$14K +$10.7K +333 +162%
TWI
114
Thomas White International
Illinois
$11K
TRCT
115
Tower Research Capital (TRC)
New York
$10K -$3.85K -120 -24%
Federated Hermes
116
Federated Hermes
Pennsylvania
$8K -$229K -7,148 -96%
QCG
117
Quadrant Capital Group
Ohio
$7K
MFS
118
MSI Financial Services
Massachusetts
$6K
TCIM
119
TIAA CREF Investment Management
New York
$4.8K -$232K -7,214 -4%
VCM
120
Versant Capital Management
Arizona
$4K
WAM
121
Wealthspire Advisors (Maryland)
Maryland
$2K
CAM
122
ClariVest Asset Management
California
$1K -$356K -11,097 -100%
VOYA Investment Management
123
VOYA Investment Management
Georgia
$553 -$33.4K -1,041 -5%
SBL
124
Sargent Bickham Lagudis
Colorado
$5
GAM
125
Gotham Asset Management
New York
-$7.34M -187,937 Closed

SHEN Hedge Fund Activity: Q3 2016 in Review

125 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q3 2016, worth a combined $643M — down 22% from $821M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of SHEN and 20 opened new positions — a net loss of 12 holders — while 42 trimmed existing stakes and 41 added.

The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $35.8M. The largest seller was Gotham Asset Management, exiting entirely with an estimated $7.34M sold.

  • 125 institutional investors held Shenandoah Telecom (SHEN) as of Q3 2016, down from 137 in Q2 2016.
  • Funds reported $643M of Shenandoah Telecom stock for Q3 2016, down 22% quarter-over-quarter.
  • 20 funds opened new Shenandoah Telecom positions in Q3 2016 and 32 closed out, a net change of -12 holders.
  • The largest Shenandoah Telecom buyer in Q3 2016 was TimesSquare Capital Management, an estimated $35.8M added.
  • The largest Shenandoah Telecom seller in Q3 2016 was Gotham Asset Management, an estimated $7.34M sold.

Based on aggregated 13F filings for Q3 2016.