Shenandoah Telecom
SHEN
156 hedge funds and large institutions have $1.09B invested in Shenandoah Telecom in 2018 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 53 increasing their positions, 49 reducing their positions, and 20 closing their positions.
570% more call options, than puts
Call options by funds: $6.84M | Put options by funds: $1.02M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
75% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 20
17% more capital invested
Capital invested by funds: $936M → $1.09B (+$159M)
10% more funds holding
Funds holding: 142 → 156 (+14)
1.23% more ownership
Funds ownership: 48.75% → 49.98% (+1.2%)
8% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.8M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$13.1M |
| 3 |
Renaissance Technologies
New York
|
+$7.93M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$6.11M |
| 5 |
Morgan Stanley
New York
|
+$6.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$25.4M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$20.5M |
| 3 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$6.86M |
| 4 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$6.82M |
| 5 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$6.27M |
SHEN Hedge Fund Activity: Q4 2018 in Review
156 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q4 2018, worth a combined $1.09B — up 17% from $936M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new SHEN positions and 20 closed out — a net gain of 15 holders — while 53 added to existing stakes and 49 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $16.8M. The largest seller was TimesSquare Capital Management, cutting an estimated $25.4M.
- 156 institutional investors held Shenandoah Telecom (SHEN) as of Q4 2018, up from 142 in Q3 2018.
- Funds reported $1.09B of Shenandoah Telecom stock for Q4 2018, up 17% quarter-over-quarter.
- 35 funds opened new Shenandoah Telecom positions in Q4 2018 and 20 closed out, a net change of +15 holders.
- The largest Shenandoah Telecom buyer in Q4 2018 was Fidelity Investments, an estimated $16.8M added.
- The largest Shenandoah Telecom seller in Q4 2018 was TimesSquare Capital Management, an estimated $25.4M sold.
Based on aggregated 13F filings for Q4 2018.