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Shenandoah Telecom

150 hedge funds and large institutions have $1.32B invested in Shenandoah Telecom in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 43 increasing their positions, 60 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more capital invested

Capital invested by funds: $1.18B → $1.32B (+$148M)

0.14% less ownership

Funds ownership: 54.59%54.45% (-0.14%)

3% less funds holding

Funds holding: 154150 (-4)

11% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 28

28% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 60

81% less call options, than puts

Call options by funds: $2.19M | Put options by funds: $11.6M

Holders
150
Holders Change
-4
Holders Change %
-2.6%
% of All Funds
2.63%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
25
Increased
43
Reduced
60
Closed
28
Calls
$2.19M
Puts
$11.6M
Net Calls
-$9.37M
Net Calls Change
-$11.5M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$381M +$3.42M +74,701 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$253M +$5.81M +126,988 +3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$85.3M -$5.22M -114,087 -6%
State Street
4
State Street
Massachusetts
$76.5M -$471K -10,292 -0.7%
Renaissance Technologies
5
Renaissance Technologies
New York
$61.8M -$11.5M -250,400 -17%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$41.4M +$2.05M +44,838 +6%
Northern Trust
7
Northern Trust
Illinois
$29.1M -$1.07M -23,477 -4%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$27.7M -$597K -13,036 -2%
TCM
9
TimesSquare Capital Management
New York
$26.9M -$4.02M -87,800 -14%
Norges Bank
10
Norges Bank
Norway
$23.6M -$10.8M -235,469 -33%
Citadel Advisors
11
Citadel Advisors
Florida
$21.9M +$20.5M +448,752 New
Principal Financial Group
12
Principal Financial Group
Iowa
$19.6M +$89.3K +1,951 +0.5%
Charles Schwab
13
Charles Schwab
California
$19.3M +$665K +14,525 +4%
Ameriprise
14
Ameriprise
Minnesota
$17M +$674K +14,723 +4%
Invesco
15
Invesco
Georgia
$16.5M +$10.7M +232,722 +222%
Morgan Stanley
16
Morgan Stanley
New York
$12.7M -$5.01M -109,436 -30%
Thrivent Financial for Lutherans
17
Thrivent Financial for Lutherans
Minnesota
$9.49M -$1.07M -23,298 -11%
N
18
Nuveen
North Carolina
$9.29M -$1.07M -23,351 -11%
Prudential Financial
19
Prudential Financial
New Jersey
$8.82M +$2.49M +54,419 +43%
Legal & General Group
20
Legal & General Group
United Kingdom
$7.95M +$293K +6,411 +4%
RhumbLine Advisers
21
RhumbLine Advisers
Massachusetts
$7.02M +$58.1K +1,269 +0.9%
First Trust Advisors
22
First Trust Advisors
Illinois
$6.6M +$2.9M +63,441 +88%
Arrowstreet Capital
23
Arrowstreet Capital
Massachusetts
$5.93M +$3.15M +68,892 +131%
JP Morgan Chase
24
JP Morgan Chase
New York
$5.81M +$534K +11,677 +11%
GI
25
GAMCO Investors
Connecticut
$5.52M -$275K -6,000 -5%

SHEN Hedge Fund Activity: Q1 2021 in Review

150 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q1 2021, worth a combined $1.32B — up 13% from $1.18B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of SHEN and 25 opened new positions — a net loss of 3 holders — while 60 trimmed existing stakes and 43 added.

The largest buyer was Citadel Advisors, opening a new position worth an estimated $20.5M. The largest seller was Renaissance Technologies, cutting an estimated $11.5M.

  • 150 institutional investors held Shenandoah Telecom (SHEN) as of Q1 2021, down from 154 in Q4 2020.
  • Funds reported $1.32B of Shenandoah Telecom stock for Q1 2021, up 13% quarter-over-quarter.
  • 25 funds opened new Shenandoah Telecom positions in Q1 2021 and 28 closed out, a net change of -3 holders.
  • The largest Shenandoah Telecom buyer in Q1 2021 was Citadel Advisors, an estimated $20.5M added.
  • The largest Shenandoah Telecom seller in Q1 2021 was Renaissance Technologies, an estimated $11.5M sold.

Based on aggregated 13F filings for Q1 2021.