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Shenandoah Telecom

131 hedge funds and large institutions have $540M 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.

New
Increased
Maintained
Reduced
Closed

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

25% more capital invested

Capital invested by funds: $432M → $540M (+$109M)

8% more funds holding

Funds holding: 121131 (+10)

9% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 43

Holders
131
Holders Change
+10
Holders Change %
+8.26%
% of All Funds
3.49%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
24
Increased
39
Reduced
43
Closed
13
Calls
$182K
Puts
$37K
Net Calls
+$145K
Net Calls Change
+$1M
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$73.7M +$755K +32,863 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$71M +$7.05M +306,674 +13%
BFA
3
BlackRock Fund Advisors
California
$54.3M -$3.14M -136,837 -6%
BIT
4
BlackRock Institutional Trust
California
$31.4M +$57.7K +2,512 +0.2%
Renaissance Technologies
5
Renaissance Technologies
New York
$26.1M -$2.62M -114,182 -10%
State Street
6
State Street
Massachusetts
$22M +$719K +31,274 +4%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$21.8M +$11.4M +495,381 +155%
Northern Trust
8
Northern Trust
Illinois
$18.4M -$2.24M -97,286 -12%
AAM
9
Aberdeen Asset Management
United Kingdom
$16.2M +$3M +130,586 +28%
TA
10
Teton Advisors
New York
$13.2M
Norges Bank
11
Norges Bank
Norway
$12M
Fidelity Investments
12
Fidelity Investments
Massachusetts
$11.7M +$5.69M +247,500 +130%
Ameriprise
13
Ameriprise
Minnesota
$11.5M -$2.44M -106,006 -20%
GF
14
Gabelli Funds
New York
$7.76M -$68.9K -3,000 -1%
Morgan Stanley
15
Morgan Stanley
New York
$6.98M -$2M -87,086 -25%
Acadian Asset Management
16
Acadian Asset Management
Massachusetts
$6.69M -$1.45M -63,117 -20%
JIR
17
James Investment Research
Ohio
$6.37M -$678K -29,510 -11%
GAM
18
Gotham Asset Management
New York
$6.34M -$1.59M -69,405 -23%
TCIM
19
TIAA CREF Investment Management
New York
$5.44M +$482K +20,972 +11%
MOACM
20
Mutual of America Capital Management
New York
$5.15M +$595K +25,900 +16%
PAM
21
Panagora Asset Management
Massachusetts
$4.89M +$201K +8,735 +5%
BIM
22
BlackRock Investment Management
Delaware
$4.77M +$129K +5,621 +3%
Charles Schwab
23
Charles Schwab
California
$4.61M +$82.6K +3,596 +2%
GI
24
GAMCO Investors
Connecticut
$4.28M
Prudential Financial
25
Prudential Financial
New Jersey
$4.23M +$1.56M +67,900 +75%

SHEN Hedge Fund Activity: Q1 2016 in Review

131 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q1 2016, worth a combined $540M — up 25% 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 $540M of Shenandoah Telecom stock for Q1 2016, up 25% 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.