Shenandoah Telecom
SHEN
155 hedge funds and large institutions have $504M invested in Shenandoah Telecom in 2024 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 42 increasing their positions, 66 reducing their positions, and 11 closing their positions.
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
52% more call options, than puts
Call options by funds: $38K | Put options by funds: $25K
8% more funds holding
Funds holding: 143 → 155 (+12)
0.37% more ownership
Funds ownership: 65.1% → 65.47% (+0.37%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
13% less capital invested
Capital invested by funds: $580M → $504M (-$75.8M)
36% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 66
Top Buyers
| 1 |
Millennium Management
New York
|
+$3.88M |
| 2 |
Goldman Sachs
New York
|
+$2.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.11M |
| 4 |
HF
HRT Financial
New York
|
+$1.46M |
| 5 |
IIM
INTECH Investment Management
West Palm Beach,
Florida
|
+$1.3M |
Top Sellers
| 1 |
BlackRock
New York
|
-$6.48M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$2.34M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.15M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$1.53M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
-$1.14M |
SHEN Hedge Fund Activity: Q3 2024 in Review
155 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q3 2024, worth a combined $504M — down 13% from $580M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SHEN positions and 11 closed out — a net gain of 12 holders — while 42 added to existing stakes and 66 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $3.88M. The largest seller was BlackRock, cutting an estimated $6.48M.
- 155 institutional investors held Shenandoah Telecom (SHEN) as of Q3 2024, up from 143 in Q2 2024.
- Funds reported $504M of Shenandoah Telecom stock for Q3 2024, down 13% quarter-over-quarter.
- 23 funds opened new Shenandoah Telecom positions in Q3 2024 and 11 closed out, a net change of +12 holders.
- The largest Shenandoah Telecom buyer in Q3 2024 was Millennium Management, an estimated $3.88M added.
- The largest Shenandoah Telecom seller in Q3 2024 was BlackRock, an estimated $6.48M sold.
Based on aggregated 13F filings for Q3 2024.