Shenandoah Telecom
SHEN
169 hedge funds and large institutions have $1.21B invested in Shenandoah Telecom in 2020 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 64 increasing their positions, 46 reducing their positions, and 15 closing their positions.
366% more call options, than puts
Call options by funds: $1.9M | Put options by funds: $408K
73% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 15
39% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 46
7% more funds holding
Funds holding: 158 → 169 (+11)
1.37% less ownership
Funds ownership: 56.16% → 54.79% (-1.4%)
12% less capital invested
Capital invested by funds: $1.38B → $1.21B (-$166M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$6.55M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.9M |
| 3 |
BlackRock
New York
|
+$4.64M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$3.16M |
| 5 |
HF
HRT Financial
New York
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$20.2M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$10.7M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$9.84M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.82M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$6.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAAS
176
Capital Asset Advisory Services
Williamston,
Michigan
| – | -$245K | -4,450 | Closed |
|
|
SAM
177
Shell Asset Management
The Hague,
Netherlands
| – | -$210K | -4,254 | Closed |
|
178
CIBC Asset Management
Toronto,
Ontario, Canada
| – | -$204K | -4,131 | Closed |
|
|
CGH
179
Crossmark Global Holdings
Houston,
Texas
| – | -$202K | -4,100 | Closed |
|
180
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$91K | -1,831 | Closed |
|
|
LIA
181
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$69K | -1,400 | Closed |
|
|
LC
182
Lindbrook Capital
Calabasas,
California
| – | +$561 | +11 | New |
|
|
FHC
183
First Horizon Corporation
Memphis,
Tennessee
| – | +$714 | +14 | New |
|
SHEN Hedge Fund Activity: Q3 2020 in Review
169 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q3 2020, worth a combined $1.21B — down 12% from $1.38B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SHEN positions and 15 closed out — a net gain of 11 holders — while 64 added to existing stakes and 46 trimmed.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $6.55M. The largest seller was First Trust Advisors, cutting an estimated $20.2M.
- 169 institutional investors held Shenandoah Telecom (SHEN) as of Q3 2020, up from 158 in Q2 2020.
- Funds reported $1.21B of Shenandoah Telecom stock for Q3 2020, down 12% quarter-over-quarter.
- 26 funds opened new Shenandoah Telecom positions in Q3 2020 and 15 closed out, a net change of +11 holders.
- The largest Shenandoah Telecom buyer in Q3 2020 was Thrivent Financial for Lutherans, an estimated $6.55M added.
- The largest Shenandoah Telecom seller in Q3 2020 was First Trust Advisors, an estimated $20.2M sold.
Based on aggregated 13F filings for Q3 2020.