Shenandoah Telecom
SHEN
140 hedge funds and large institutions have $877M invested in Shenandoah Telecom in 2021 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 47 increasing their positions, 51 reducing their positions, and 28 closing their positions.
0.17% more ownership
Funds ownership: 55.28% → 55.45% (+0.17%)
8% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 51
8% less funds holding
Funds holding: 152 → 140 (-12)
32% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 28
34% less capital invested
Capital invested by funds: $1.34B → $877M (-$459M)
62% less call options, than puts
Call options by funds: $3.28M | Put options by funds: $8.61M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$12M |
| 2 |
DC
Davenport & Co
Richmond,
Virginia
|
+$9.35M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$9.13M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$8.22M |
| 5 |
SG Americas Securities
New York
|
+$5.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$19.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.5M |
| 3 |
Renaissance Technologies
New York
|
-$8.54M |
| 4 |
BlackRock
New York
|
-$5.68M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$5.38M |
SHEN Hedge Fund Activity: Q3 2021 in Review
140 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q3 2021, worth a combined $877M — down 34% from $1.34B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SHEN and 19 opened new positions — a net loss of 9 holders — while 51 trimmed existing stakes and 47 added.
The largest buyer was Goldman Sachs, adding an estimated $12M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $19.9M sold.
- 140 institutional investors held Shenandoah Telecom (SHEN) as of Q3 2021, down from 152 in Q2 2021.
- Funds reported $877M of Shenandoah Telecom stock for Q3 2021, down 34% quarter-over-quarter.
- 19 funds opened new Shenandoah Telecom positions in Q3 2021 and 28 closed out, a net change of -9 holders.
- The largest Shenandoah Telecom buyer in Q3 2021 was Goldman Sachs, an estimated $12M added.
- The largest Shenandoah Telecom seller in Q3 2021 was TimesSquare Capital Management, an estimated $19.9M sold.
Based on aggregated 13F filings for Q3 2021.