Shenandoah Telecom
SHEN
122 hedge funds and large institutions have $451M invested in Shenandoah Telecom in 2015 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 42 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
60% more call options, than puts
Call options by funds: $856K | Put options by funds: $535K
27% more capital invested
Capital invested by funds: $356M → $451M (+$95M)
7% more funds holding
Funds holding: 114 → 122 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.56M |
| 2 |
Morgan Stanley
New York
|
+$4.26M |
| 3 |
Millennium Management
New York
|
+$3.89M |
| 4 |
Renaissance Technologies
New York
|
+$2.22M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$6.67M |
| 2 |
ICM
Ionic Capital Management
New York
|
-$5.72M |
| 3 |
SLCM
Seven Locks Capital Management
New York
|
-$2.14M |
| 4 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
-$2.09M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
First Trust Advisors
Wheaton,
Illinois
| – | -$710K | -41,478 | Closed |
|
|
DCM
127
Dupont Capital Management
Wilmington,
Delaware
| – | -$599K | -34,980 | Closed |
|
|
SCA
128
Secor Capital Advisors
New York
| – | -$454K | -26,524 | Closed |
|
|
LA
129
Lucus Advisors
New York
| – | -$452K | -26,430 | Closed |
|
130
Jane Street
New York
| – | -$328K | -19,162 | Closed |
|
|
AL
131
Airain Ltd
St. Peter Port,
Guernsey
| – | -$215K | -12,572 | Closed |
|
132
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$29K | -1,686 | Closed |
|
SHEN Hedge Fund Activity: Q3 2015 in Review
122 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q3 2015, worth a combined $451M — up 27% from $356M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SHEN positions and 10 closed out — a net gain of 8 holders — while 39 added to existing stakes and 42 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $4.56M. The largest seller was BlackRock Fund Advisors, cutting an estimated $6.67M.
- 122 institutional investors held Shenandoah Telecom (SHEN) as of Q3 2015, up from 114 in Q2 2015.
- Funds reported $451M of Shenandoah Telecom stock for Q3 2015, up 27% quarter-over-quarter.
- 18 funds opened new Shenandoah Telecom positions in Q3 2015 and 10 closed out, a net change of +8 holders.
- The largest Shenandoah Telecom buyer in Q3 2015 was Acadian Asset Management, an estimated $4.56M added.
- The largest Shenandoah Telecom seller in Q3 2015 was BlackRock Fund Advisors, an estimated $6.67M sold.
Based on aggregated 13F filings for Q3 2015.