Shenandoah Telecom
SHEN
145 hedge funds and large institutions have $543M invested in Shenandoah Telecom in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 40 increasing their positions, 64 reducing their positions, and 15 closing their positions.
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
1% more funds holding
Funds holding: 144 → 145 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.95% less ownership
Funds ownership: 62.89% → 61.94% (-0.95%)
21% less capital invested
Capital invested by funds: $683M → $543M (-$140M)
38% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 64
93% less call options, than puts
Call options by funds: $3K | Put options by funds: $43K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.45M |
| 2 |
DC
Davenport & Co
Richmond,
Virginia
|
+$1.38M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.02M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
+$982K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.01M |
| 2 |
BlackRock
New York
|
-$1.27M |
| 3 |
Millennium Management
New York
|
-$1.01M |
| 4 |
Goldman Sachs
New York
|
-$951K |
| 5 |
Renaissance Technologies
New York
|
-$719K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OA
151
Oracle Alpha
Toronto,
Ontario, Canada
| – | -$215K | -9,926 | Closed |
|
152
Handelsbanken Fonder
Stockholm,
Sweden
| – | -$215K | -9,923 | Closed |
|
|
HB
153
HTLF Bank
Denver,
Colorado
| – | -$203K | -9,400 | Closed |
|
|
A
154
AlphaQuest
New York
| – | -$40.9K | -1,893 | Closed |
|
|
CA
155
Crewe Advisors
Salt Lake City,
Utah
| – | -$3.33K | -154 | Closed |
|
|
LC
156
Lindbrook Capital
Calabasas,
California
| – | -$2.57K | -119 | Closed |
|
|
GWS
157
Glassman Wealth Services
Vienna,
Virginia
| – | -$1.36K | -63 | Closed |
|
|
PA
158
Pineridge Advisors
St. Charles,
Missouri
| – | -$1.12K | -52 | Closed |
|
159
Allspring Global Investments
Charlotte,
North Carolina
| – | -$216 | -10 | Closed |
|
|
C
160
Covestor
London,
United Kingdom
| – | +$97 | +5 | +83% |
|
SHEN Hedge Fund Activity: Q1 2024 in Review
145 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q1 2024, worth a combined $543M — down 21% from $683M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SHEN positions and 15 closed out — a net gain of 1 holder — while 40 added to existing stakes and 64 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $2.45M. The largest seller was Morgan Stanley, cutting an estimated $9.01M.
- 145 institutional investors held Shenandoah Telecom (SHEN) as of Q1 2024, up from 144 in Q4 2023.
- Funds reported $543M of Shenandoah Telecom stock for Q1 2024, down 21% quarter-over-quarter.
- 16 funds opened new Shenandoah Telecom positions in Q1 2024 and 15 closed out, a net change of +1 holder.
- The largest Shenandoah Telecom buyer in Q1 2024 was Dimensional Fund Advisors, an estimated $2.45M added.
- The largest Shenandoah Telecom seller in Q1 2024 was Morgan Stanley, an estimated $9.01M sold.
Based on aggregated 13F filings for Q1 2024.