Shenandoah Telecom
SHEN
112 hedge funds and large institutions have $789M invested in Shenandoah Telecom in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 43 increasing their positions, 32 reducing their positions, and 13 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 32
0.27% more ownership
Funds ownership: 48.4% → 48.66% (+0.27%)
3% less funds holding
Funds holding: 116 → 112 (-4)
9% less capital invested
Capital invested by funds: $863M → $789M (-$73.9M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
70% less call options, than puts
Call options by funds: $144K | Put options by funds: $486K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.17M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$3.47M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$3.26M |
| 4 |
Millennium Management
New York
|
+$3.01M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.56M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$4.99M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$2.8M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.95M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$1.63M |
SHEN Hedge Fund Activity: Q2 2018 in Review
112 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q2 2018, worth a combined $789M — down 8.6% from $863M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SHEN and 9 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 43 added.
The largest buyer was BlackRock, adding an estimated $8.17M. The largest seller was Vanguard Group, cutting an estimated $7.56M.
- 112 institutional investors held Shenandoah Telecom (SHEN) as of Q2 2018, down from 116 in Q1 2018.
- Funds reported $789M of Shenandoah Telecom stock for Q2 2018, down 8.6% quarter-over-quarter.
- 9 funds opened new Shenandoah Telecom positions in Q2 2018 and 13 closed out, a net change of -4 holders.
- The largest Shenandoah Telecom buyer in Q2 2018 was BlackRock, an estimated $8.17M added.
- The largest Shenandoah Telecom seller in Q2 2018 was Vanguard Group, an estimated $7.56M sold.
Based on aggregated 13F filings for Q2 2018.