Shenandoah Telecom
SHEN
131 hedge funds and large institutions have $549M invested in Shenandoah Telecom in 2016 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 39 increasing their positions, 43 reducing their positions, and 13 closing their positions.
392% more call options, than puts
Call options by funds: $182K | Put options by funds: $37K
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
27% more capital invested
Capital invested by funds: $432M → $549M (+$118M)
8% more funds holding
Funds holding: 121 → 131 (+10)
0.78% more ownership
Funds ownership: 41.2% → 41.98% (+0.78%)
9% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$11.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.05M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.69M |
| 4 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$3M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$3.66M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.14M |
| 3 |
Renaissance Technologies
New York
|
-$2.62M |
| 4 |
VNA
VNBTrust National Association
Charlottesville,
Virginia
|
-$2.45M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.44M |
SHEN Hedge Fund Activity: Q1 2016 in Review
131 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q1 2016, worth a combined $549M — up 27% from $432M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SHEN positions and 13 closed out — a net gain of 11 holders — while 39 added to existing stakes and 43 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $11.4M. The largest seller was Numeric Investors, cutting an estimated $3.66M.
- 131 institutional investors held Shenandoah Telecom (SHEN) as of Q1 2016, up from 121 in Q4 2015.
- Funds reported $549M of Shenandoah Telecom stock for Q1 2016, up 27% quarter-over-quarter.
- 24 funds opened new Shenandoah Telecom positions in Q1 2016 and 13 closed out, a net change of +11 holders.
- The largest Shenandoah Telecom buyer in Q1 2016 was Bank of New York Mellon, an estimated $11.4M added.
- The largest Shenandoah Telecom seller in Q1 2016 was Numeric Investors, an estimated $3.66M sold.
Based on aggregated 13F filings for Q1 2016.