Shenandoah Telecom
SHEN
114 hedge funds and large institutions have $357M invested in Shenandoah Telecom in 2015 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 44 increasing their positions, 33 reducing their positions, and 6 closing their positions.
2,580% more call options, than puts
Call options by funds: $1.1M | Put options by funds: $41K
233% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 6
33% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 33
14% more funds holding
Funds holding: 100 → 114 (+14)
11% more capital invested
Capital invested by funds: $321M → $357M (+$35.5M)
0.47% more ownership
Funds ownership: 42.12% → 42.59% (+0.47%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
+$5.54M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$4.11M |
| 3 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$2.96M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$2.54M |
| 5 |
GAM
Gotham Asset Management
New York
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLCM
Seven Locks Capital Management
New York
|
-$9.65M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$5.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.28M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.11M |
| 5 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$1.79M |
SHEN Hedge Fund Activity: Q2 2015 in Review
114 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q2 2015, worth a combined $357M — up 11% from $321M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SHEN positions and 6 closed out — a net gain of 14 holders — while 44 added to existing stakes and 33 trimmed.
The largest buyer was Ionic Capital Management, opening a new position worth an estimated $5.54M. The largest seller was Seven Locks Capital Management, cutting an estimated $9.65M.
- 114 institutional investors held Shenandoah Telecom (SHEN) as of Q2 2015, up from 100 in Q1 2015.
- Funds reported $357M of Shenandoah Telecom stock for Q2 2015, up 11% quarter-over-quarter.
- 20 funds opened new Shenandoah Telecom positions in Q2 2015 and 6 closed out, a net change of +14 holders.
- The largest Shenandoah Telecom buyer in Q2 2015 was Ionic Capital Management, an estimated $5.54M added.
- The largest Shenandoah Telecom seller in Q2 2015 was Seven Locks Capital Management, an estimated $9.65M sold.
Based on aggregated 13F filings for Q2 2015.