Shenandoah Telecom
SHEN
144 hedge funds and large institutions have $793M invested in Shenandoah Telecom in 2019 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 46 reducing their positions, and 28 closing their positions.
147,200% more call options, than puts
Call options by funds: $1.47M | Put options by funds: $1K
0.61% less ownership
Funds ownership: 50.71% → 50.1% (-0.61%)
9% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 46
6% less funds holding
Funds holding: 153 → 144 (-9)
19% less capital invested
Capital invested by funds: $974M → $793M (-$181M)
29% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 28
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$11.9M |
| 2 |
Morgan Stanley
New York
|
+$5.72M |
| 3 |
BlackRock
New York
|
+$5.02M |
| 4 |
Millennium Management
New York
|
+$3.99M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$7.75M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.81M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$6.54M |
| 4 |
Goldman Sachs
New York
|
-$5.51M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$4.44M |
SHEN Hedge Fund Activity: Q3 2019 in Review
144 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q3 2019, worth a combined $793M — down 19% from $974M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SHEN and 20 opened new positions — a net loss of 8 holders — while 46 trimmed existing stakes and 42 added.
The largest buyer was TimesSquare Capital Management, adding an estimated $11.9M. The largest seller was Federated Hermes, cutting an estimated $7.75M.
- 144 institutional investors held Shenandoah Telecom (SHEN) as of Q3 2019, down from 153 in Q2 2019.
- Funds reported $793M of Shenandoah Telecom stock for Q3 2019, down 19% quarter-over-quarter.
- 20 funds opened new Shenandoah Telecom positions in Q3 2019 and 28 closed out, a net change of -8 holders.
- The largest Shenandoah Telecom buyer in Q3 2019 was TimesSquare Capital Management, an estimated $11.9M added.
- The largest Shenandoah Telecom seller in Q3 2019 was Federated Hermes, an estimated $7.75M sold.
Based on aggregated 13F filings for Q3 2019.