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Shenandoah Telecom

142 hedge funds and large institutions have $936M invested in Shenandoah Telecom in 2018 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 36 increasing their positions, 43 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 10

108% more call options, than puts

Call options by funds: $1.72M | Put options by funds: $825K

27% more funds holding

Funds holding: 112142 (+30)

19% more capital invested

Capital invested by funds: $789M → $936M (+$147M)

0.09% more ownership

Funds ownership: 48.66%48.75% (+0.09%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

16% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 43

Holders
142
Holders Change
+30
Holders Change %
+26.79%
% of All Funds
3.25%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
40
Increased
36
Reduced
43
Closed
10
Calls
$1.72M
Puts
$825K
Net Calls
+$892K
Net Calls Change
+$1.23M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$168M -$4.6M -129,105 -3%
BlackRock
2
BlackRock
New York
$132M +$2.9M +81,378 +2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$84.4M +$19.9K +559 +0%
TCM
4
TimesSquare Capital Management
New York
$51.1M -$6.11M -171,500 -12%
Renaissance Technologies
5
Renaissance Technologies
New York
$47M +$2.39M +67,100 +6%
State Street
6
State Street
Massachusetts
$37.9M +$263K +7,386 +0.8%
CPP
7
Crow Point Partners
Massachusetts
$37.8M
Norges Bank
8
Norges Bank
Norway
$32.5M
Northern Trust
9
Northern Trust
Illinois
$28.4M +$187K +5,247 +0.7%
Mawer Investment Management
10
Mawer Investment Management
Alberta, Canada
$27.1M -$11M -307,981 -31%
Aberdeen Group
11
Aberdeen Group
United Kingdom
$26.8M -$13.5M -379,619 -35%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$19.3M +$667K +18,712 +4%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$17.3M -$178K -5,000 -1%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$12.5M +$417K +11,708 +4%
TA
15
Teton Advisors
New York
$12.3M -$1.83M -51,500 -14%
Charles Schwab
16
Charles Schwab
California
$11.2M +$905K +25,416 +10%
GF
17
Gabelli Funds
New York
$8.68M -$267K -7,500 -3%
MOACM
18
Mutual of America Capital Management
New York
$8.64M +$91.3K +2,564 +1%
Goldman Sachs
19
Goldman Sachs
New York
$8.12M +$2.18M +61,202 +41%
Prudential Financial
20
Prudential Financial
New Jersey
$7.67M +$4.24M +118,947 +150%
EMFAT
21
Emerald Mutual Fund Advisers Trust
Pennsylvania
$7.66M
Ameriprise
22
Ameriprise
Minnesota
$6.98M +$132K +3,700 +2%
Millennium Management
23
Millennium Management
New York
$6.9M +$2.79M +78,403 +79%
ECP
24
Elk Creek Partners
Colorado
$6.86M -$1.65M -46,386 -21%
Bank of America
25
Bank of America
North Carolina
$5.6M +$805K +22,605 +19%

SHEN Hedge Fund Activity: Q3 2018 in Review

142 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q3 2018, worth a combined $936M — up 19% from $789M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new SHEN positions and 10 closed out — a net gain of 30 holders — while 36 added to existing stakes and 43 trimmed.

The largest buyer was Prudential Financial, adding an estimated $4.24M. The largest seller was Aberdeen Group, cutting an estimated $13.5M.

  • 142 institutional investors held Shenandoah Telecom (SHEN) as of Q3 2018, up from 112 in Q2 2018.
  • Funds reported $936M of Shenandoah Telecom stock for Q3 2018, up 19% quarter-over-quarter.
  • 40 funds opened new Shenandoah Telecom positions in Q3 2018 and 10 closed out, a net change of +30 holders.
  • The largest Shenandoah Telecom buyer in Q3 2018 was Prudential Financial, an estimated $4.24M added.
  • The largest Shenandoah Telecom seller in Q3 2018 was Aberdeen Group, an estimated $13.5M sold.

Based on aggregated 13F filings for Q3 2018.