Shenandoah Telecom
SHEN
127 hedge funds and large institutions have $605M invested in Shenandoah Telecom in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 38 increasing their positions, 55 reducing their positions, and 19 closing their positions.
2,245% more call options, than puts
Call options by funds: $258K | Put options by funds: $11K
28% more capital invested
Capital invested by funds: $472M → $605M (+$134M)
4.18% more ownership
Funds ownership: 59.29% → 63.47% (+4.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 135 → 127 (-8)
31% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 55
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.75M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$3.25M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.14M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$1.01M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$680K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.35M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.18M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$1.09M |
| 4 |
Renaissance Technologies
New York
|
-$998K |
| 5 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$773K |
SHEN Hedge Fund Activity: Q1 2023 in Review
127 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q1 2023, worth a combined $605M — up 28% from $472M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SHEN and 12 opened new positions — a net loss of 7 holders — while 55 trimmed existing stakes and 38 added.
The largest buyer was Vanguard Group, adding an estimated $4.75M. The largest seller was BlackRock, cutting an estimated $2.35M.
- 127 institutional investors held Shenandoah Telecom (SHEN) as of Q1 2023, down from 135 in Q4 2022.
- Funds reported $605M of Shenandoah Telecom stock for Q1 2023, up 28% quarter-over-quarter.
- 12 funds opened new Shenandoah Telecom positions in Q1 2023 and 19 closed out, a net change of -7 holders.
- The largest Shenandoah Telecom buyer in Q1 2023 was Vanguard Group, an estimated $4.75M added.
- The largest Shenandoah Telecom seller in Q1 2023 was BlackRock, an estimated $2.35M sold.
Based on aggregated 13F filings for Q1 2023.