We are live on ! Find out more
SHEN icon

Shenandoah Telecom
SHEN

100 hedge funds and large institutions have $756M invested in Shenandoah Telecom in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 35 increasing their positions, 33 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more capital invested

Capital invested by funds: $684M → $756M (+$71.8M)

6% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 33

0.52% more ownership

Funds ownership: 49.66% → 50.19% (+0.52%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

3% less funds holding

Funds holding: 103 → 100 (-3)

30% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 10

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $353K

Holders
100
Holders Change
-3
Holders Change %
-2.91%
% of All Funds
2.49%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
7
Increased
35
Reduced
33
Closed
10
Calls
–
Puts
$353K
Net Calls
-$353K
Net Calls Change
+$22K

Top Buyers

1
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
+$15.6M
2
VCP
Vernier Capital Partners
New York
+$8.68M
3
Mawer Investment Management
Mawer Investment Management
Alberta, Canada
+$5.78M
4
Norges Bank
Norges Bank
Norway
+$2.61M
5
LCM
Legato Capital Management
California
+$2.37M

Top Sellers

1
AAM
Aberdeen Asset Management
United Kingdom
-$11.9M
2
BlackRock
BlackRock
New York
-$4.57M
3
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
-$3.2M
4
Fidelity Investments
Fidelity Investments
Massachusetts
-$2.5M
5
Citadel Advisors
Citadel Advisors
Florida
-$2.49M
Name Holding Trade Value Shares
Change 		Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$114M +$1.46M +47,212 +1%
BlackRock
2
BlackRock
New York
$108M -$4.57M -147,592 -4%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$66.7M -$3.2M -103,350 -5%
AAM
4
Aberdeen Asset Management
United Kingdom
$61.1M -$11.9M -384,394 -16%
TCM
5
TimesSquare Capital Management
New York
$55.9M -$552K -17,800 -1%
Renaissance Technologies
6
Renaissance Technologies
New York
$32.3M +$201K +6,500 +0.6%
State Street
7
State Street
Massachusetts
$29M +$1.57M +50,603 +6%
CPP
8
Crow Point Partners
Massachusetts
$28.5M – – –
Mawer Investment Management
9
Mawer Investment Management
Alberta, Canada
$25.7M +$5.78M +186,523 +29%
Northern Trust
10
Northern Trust
Illinois
$22.6M +$590K +19,049 +3%
Manulife (Manufacturers Life Insurance)
11
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$16.5M +$15.6M +501,920 +1,399%
TA
12
Teton Advisors
New York
$14.7M -$62K -2,000 -0.4%
Norges Bank
13
Norges Bank
Norway
$14M +$2.61M +84,165 +23%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$12.3M +$793K +25,575 +7%
CA
15
Claar Advisors
New York
$11.9M – – –
Fidelity Investments
16
Fidelity Investments
Massachusetts
$11.5M -$2.5M -80,600 -18%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$10.5M -$175K -5,646 -2%
VCP
18
Vernier Capital Partners
New York
$8.6M +$8.68M +280,176 New
ECP
19
Elk Creek Partners
Colorado
$8.2M -$855K -27,598 -9%
GF
20
Gabelli Funds
New York
$7.94M -$775K -25,010 -9%
Ameriprise
21
Ameriprise
Minnesota
$6.76M -$1.46M -47,035 -18%
MOACM
22
Mutual of America Capital Management
New York
$6.66M -$386K -12,444 -5%
Charles Schwab
23
Charles Schwab
California
$6.42M +$276K +8,902 +4%
GI
24
GAMCO Investors
Connecticut
$4.73M -$124K -4,000 -3%
TCIM
25
TIAA CREF Investment Management
New York
$4.63M -$51.4K -1,660 -1%
1
2 3 4 5

SHEN Hedge Fund Activity: Q2 2017 in Review

100 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q2 2017, worth a combined $756M — up 10% from $684M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of SHEN and 7 opened new positions — a net loss of 3 holders — while 33 trimmed existing stakes and 35 added.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $15.6M. The largest seller was Aberdeen Asset Management, cutting an estimated $11.9M.

  • 100 institutional investors held Shenandoah Telecom (SHEN) as of Q2 2017, down from 103 in Q1 2017.
  • Funds reported $756M of Shenandoah Telecom stock for Q2 2017, up 10% quarter-over-quarter.
  • 7 funds opened new Shenandoah Telecom positions in Q2 2017 and 10 closed out, a net change of -3 holders.
  • The largest Shenandoah Telecom buyer in Q2 2017 was Manulife (Manufacturers Life Insurance), an estimated $15.6M added.
  • The largest Shenandoah Telecom seller in Q2 2017 was Aberdeen Asset Management, an estimated $11.9M sold.

Based on aggregated 13F filings for Q2 2017.