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Shenandoah Telecom

127 hedge funds and large institutions have $605M invested in Shenandoah Telecom in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 38 increasing their positions, 56 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

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 (+$133M)

0.08% more ownership

Funds ownership: 63.4%63.47% (+0.08%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

7% less funds holding

Funds holding: 137127 (-10)

32% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 56

45% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 20

Holders
127
Holders Change
-10
Holders Change %
-7.3%
% of All Funds
2.02%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
11
Increased
38
Reduced
56
Closed
20
Calls
$258K
Puts
$11K
Net Calls
+$247K
Net Calls Change
+$91K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$153M -$2.35M -125,651 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$109M +$4.75M +254,032 +5%
EC
3
ECP ControlCo
New Jersey
$46.6M
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$41.1M +$2.43M +130,001 +6%
State Street
5
State Street
Massachusetts
$35.6M -$1.18M -63,376 -3%
Cerity Partners
6
Cerity Partners
New York
$26.1M +$4.54K +243 +0%
BRIM
7
Broad Run Investment Management
Virginia
$20.2M -$162K -8,675 -0.8%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$18.4M +$680K +36,381 +4%
DC
9
Davenport & Co
Virginia
$17M +$89.8K +4,808 +0.5%
Charles Schwab
10
Charles Schwab
California
$11.7M +$1.01M +54,141 +10%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$10.3M -$233K -12,455 -2%
Northern Trust
12
Northern Trust
Illinois
$9.81M -$37.8K -2,022 -0.4%
Renaissance Technologies
13
Renaissance Technologies
New York
$8.78M -$998K -53,400 -10%
Norges Bank
14
Norges Bank
Norway
$7.79M
JP Morgan Chase
15
JP Morgan Chase
New York
$6.77M -$414K -22,176 -6%
Principal Financial Group
16
Principal Financial Group
Iowa
$5.75M -$60.9K -3,260 -1%
Morgan Stanley
17
Morgan Stanley
New York
$4.98M +$48K +2,568 +1%
American Century Companies
18
American Century Companies
Missouri
$3.96M +$3.25M +173,748 +429%
Ameriprise
19
Ameriprise
Minnesota
$3.51M -$84.7K -4,536 -2%
RhumbLine Advisers
20
RhumbLine Advisers
Massachusetts
$3.14M -$773K -41,400 -20%
Invesco
21
Invesco
Georgia
$2.94M -$124K -6,655 -4%
Legal & General Group
22
Legal & General Group
United Kingdom
$2.8M +$94.1K +5,039 +4%
GF
23
Gabelli Funds
New York
$2.74M
N
24
Nuveen
North Carolina
$2.48M -$366K -19,567 -13%
GI
25
GAMCO Investors
Connecticut
$2.17M +$33.6K +1,800 +2%

SHEN Hedge Fund Activity: Q1 2023 in Review

127 of the 6,275 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: 20 funds closed out of SHEN and 11 opened new positions — a net loss of 9 holders — while 56 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 137 in Q4 2022.
  • Funds reported $605M of Shenandoah Telecom stock for Q1 2023, up 28% quarter-over-quarter.
  • 11 funds opened new Shenandoah Telecom positions in Q1 2023 and 20 closed out, a net change of -9 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.