Shenandoah Telecom
SHEN
142 hedge funds and large institutions have $936M invested in Shenandoah Telecom in 2018 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 36 increasing their positions, 43 reducing their positions, and 10 closing their positions.
300% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 10
108% more call options, than puts
Call options by funds: $1.72M | Put options by funds: $825K
27% more funds holding
Funds holding: 112 → 142 (+30)
19% more capital invested
Capital invested by funds: $789M → $936M (+$147M)
0.09% more ownership
Funds ownership: 48.66% → 48.75% (+0.09%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$4.24M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.41M |
| 3 |
BlackRock
New York
|
+$2.9M |
| 4 |
Millennium Management
New York
|
+$2.79M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$13.5M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$11M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$6.11M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.6M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCG
151
Private Capital Group
West Hartford,
Connecticut
| – | -$1K | -32 | Closed |
|
152
SEI Investments
Oaks,
Pennsylvania
| – | -$1K | -27 | Closed |
|
SHEN Hedge Fund Activity: Q3 2018 in Review
142 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q3 2018, worth a combined $936M — up 19% from $789M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new SHEN positions and 10 closed out — a net gain of 30 holders — while 36 added to existing stakes and 43 trimmed.
The largest buyer was Prudential Financial, adding an estimated $4.24M. The largest seller was Aberdeen Group, cutting an estimated $13.5M.
- 142 institutional investors held Shenandoah Telecom (SHEN) as of Q3 2018, up from 112 in Q2 2018.
- Funds reported $936M of Shenandoah Telecom stock for Q3 2018, up 19% quarter-over-quarter.
- 40 funds opened new Shenandoah Telecom positions in Q3 2018 and 10 closed out, a net change of +30 holders.
- The largest Shenandoah Telecom buyer in Q3 2018 was Prudential Financial, an estimated $4.24M added.
- The largest Shenandoah Telecom seller in Q3 2018 was Aberdeen Group, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2018.