Shenandoah Telecom
SHEN
121 hedge funds and large institutions have $432M invested in Shenandoah Telecom in 2015 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 51 increasing their positions, 38 reducing their positions, and 16 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 38
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
1% less funds holding
Funds holding: 122 → 121 (-1)
4% less capital invested
Capital invested by funds: $452M → $432M (-$20M)
69% less call options, than puts
Call options by funds: $386K | Put options by funds: $1.25M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$5.85M |
| 2 |
GC
GW Capital
Bellevue,
Washington
|
+$5.8M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.37M |
| 4 |
JIR
James Investment Research
Alpha,
Ohio
|
+$5.23M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLCM
Seven Locks Capital Management
New York
|
-$8.64M |
| 2 |
Millennium Management
New York
|
-$3.54M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.86M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.33M |
| 5 |
Bank of New York Mellon
New York
|
-$2.32M |
SHEN Hedge Fund Activity: Q4 2015 in Review
121 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q4 2015, worth a combined $432M — down 4.4% from $452M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SHEN positions and 16 closed out — a net gain of 1 holder — while 51 added to existing stakes and 38 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $5.85M. The largest seller was Seven Locks Capital Management, exiting entirely with an estimated $8.64M sold.
- 121 institutional investors held Shenandoah Telecom (SHEN) as of Q4 2015, down from 122 in Q3 2015.
- Funds reported $432M of Shenandoah Telecom stock for Q4 2015, down 4.4% quarter-over-quarter.
- 17 funds opened new Shenandoah Telecom positions in Q4 2015 and 16 closed out, a net change of +1 holder.
- The largest Shenandoah Telecom buyer in Q4 2015 was Renaissance Technologies, an estimated $5.85M added.
- The largest Shenandoah Telecom seller in Q4 2015 was Seven Locks Capital Management, an estimated $8.64M sold.
Based on aggregated 13F filings for Q4 2015.