Shenandoah Telecom
SHEN
150 hedge funds and large institutions have $1.21B invested in Shenandoah Telecom in 2019 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 49 increasing their positions, 39 reducing their positions, and 37 closing their positions.
218% more call options, than puts
Call options by funds: $1.39M | Put options by funds: $437K
53% more capital invested
Capital invested by funds: $793M → $1.21B (+$417M)
26% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 39
19% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 37
8.2% more ownership
Funds ownership: 50.1% → 58.3% (+8.2%)
4% more funds holding
Funds holding: 144 → 150 (+6)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$120M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$18.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$17M |
| 4 |
State Street
Boston,
Massachusetts
|
+$14.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPP
Crow Point Partners
Boston,
Massachusetts
|
-$30.1M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$8.29M |
| 3 |
Millennium Management
New York
|
-$7.87M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$7.15M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$5.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCIA
176
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$206K | -6,495 | Closed |
|
|
CANY
177
Caxton Associates (New York)
New York
| – | -$200K | -6,300 | Closed |
|
|
SLF
178
Sun Life Financial
Toronto,
Ontario, Canada
| – | -$172K | -5,412 | Closed |
|
179
SG Americas Securities
New York
| – | -$129K | -4,059 | Closed |
|
180
Acadian Asset Management
Boston,
Massachusetts
| – | -$108K | -3,400 | Closed |
|
181
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$101K | -3,168 | Closed |
|
|
QT
182
Quantbot Technologies
New York
| – | -$67K | -2,135 | Closed |
|
|
QT
183
Quantamental Technologies
White Plains,
New York
| – | -$60K | -1,901 | Closed |
|
|
CIAS
184
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$3K | -100 | Closed |
|
185
Simplex Trading
Chicago,
Illinois
| – | -$2.69K | -76 | Closed |
|
|
TRCT
186
Tower Research Capital (TRC)
New York
| – | -$2K | -54 | Closed |
|
SHEN Hedge Fund Activity: Q4 2019 in Review
150 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q4 2019, worth a combined $1.21B — up 53% from $793M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new SHEN positions and 37 closed out — a net gain of 7 holders — while 49 added to existing stakes and 39 trimmed.
The largest buyer was BlackRock, adding an estimated $120M. The largest seller was Crow Point Partners, exiting entirely with an estimated $30.1M sold.
- 150 institutional investors held Shenandoah Telecom (SHEN) as of Q4 2019, up from 144 in Q3 2019.
- Funds reported $1.21B of Shenandoah Telecom stock for Q4 2019, up 53% quarter-over-quarter.
- 44 funds opened new Shenandoah Telecom positions in Q4 2019 and 37 closed out, a net change of +7 holders.
- The largest Shenandoah Telecom buyer in Q4 2019 was BlackRock, an estimated $120M added.
- The largest Shenandoah Telecom seller in Q4 2019 was Crow Point Partners, an estimated $30.1M sold.
Based on aggregated 13F filings for Q4 2019.