Shenandoah Telecom
SHEN
143 hedge funds and large institutions have $580M invested in Shenandoah Telecom in 2024 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 49 increasing their positions, 53 reducing their positions, and 22 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
7% more capital invested
Capital invested by funds: $543M → $580M (+$37.2M)
3.17% more ownership
Funds ownership: 61.94% → 65.1% (+3.2%)
5% more call options, than puts
Call options by funds: $63K | Put options by funds: $60K
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
8% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 53
1% less funds holding
Funds holding: 145 → 143 (-2)
Top Buyers
| 1 |
GGH
GCM Grosvenor Holdings
Chicago,
Illinois
|
+$66M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.68M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.46M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.39M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$1.22M |
Top Sellers
| 1 |
BlackRock
New York
|
-$2.49M |
| 2 |
JP Morgan Chase
New York
|
-$1.45M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.09M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$1.04M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$1.04M |
SHEN Hedge Fund Activity: Q2 2024 in Review
143 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q2 2024, worth a combined $580M — up 6.9% from $543M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of SHEN and 21 opened new positions — a net loss of 1 holder — while 53 trimmed existing stakes and 49 added.
The largest buyer was GCM Grosvenor Holdings, opening a new position worth an estimated $66M. The largest seller was BlackRock, cutting an estimated $2.49M.
- 143 institutional investors held Shenandoah Telecom (SHEN) as of Q2 2024, down from 145 in Q1 2024.
- Funds reported $580M of Shenandoah Telecom stock for Q2 2024, up 6.9% quarter-over-quarter.
- 21 funds opened new Shenandoah Telecom positions in Q2 2024 and 22 closed out, a net change of -1 holder.
- The largest Shenandoah Telecom buyer in Q2 2024 was GCM Grosvenor Holdings, an estimated $66M added.
- The largest Shenandoah Telecom seller in Q2 2024 was BlackRock, an estimated $2.49M sold.
Based on aggregated 13F filings for Q2 2024.