Shenandoah Telecom
SHEN
153 hedge funds and large institutions have $974M invested in Shenandoah Telecom in 2019 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 62 increasing their positions, 36 reducing their positions, and 28 closing their positions.
1,295% more call options, than puts
Call options by funds: $3.65M | Put options by funds: $262K
72% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 36
0.01% less ownership
Funds ownership: 50.72% → 50.71% (-0.01%)
6% less funds holding
Funds holding: 162 → 153 (-9)
13% less capital invested
Capital invested by funds: $1.12B → $974M (-$148M)
21% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 28
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$20.4M |
| 2 |
ACM
Ailanthus Capital Management
New York
|
+$8.83M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$7.55M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.78M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$5.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.6M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$8.39M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$7.43M |
| 4 |
Bank of New York Mellon
New York
|
-$6.82M |
| 5 |
Morgan Stanley
New York
|
-$4.27M |
SHEN Hedge Fund Activity: Q2 2019 in Review
153 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q2 2019, worth a combined $974M — down 13% from $1.12B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SHEN and 22 opened new positions — a net loss of 6 holders — while 36 trimmed existing stakes and 62 added.
The largest buyer was Nuveen, opening a new position worth an estimated $20.4M. The largest seller was Fidelity Investments, cutting an estimated $32.6M.
- 153 institutional investors held Shenandoah Telecom (SHEN) as of Q2 2019, down from 162 in Q1 2019.
- Funds reported $974M of Shenandoah Telecom stock for Q2 2019, down 13% quarter-over-quarter.
- 22 funds opened new Shenandoah Telecom positions in Q2 2019 and 28 closed out, a net change of -6 holders.
- The largest Shenandoah Telecom buyer in Q2 2019 was Nuveen, an estimated $20.4M added.
- The largest Shenandoah Telecom seller in Q2 2019 was Fidelity Investments, an estimated $32.6M sold.
Based on aggregated 13F filings for Q2 2019.