Shenandoah Telecom
SHEN
184 hedge funds and large institutions have $598M invested in Shenandoah Telecom in 2026 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 65 increasing their positions, 52 reducing their positions, and 12 closing their positions.
158% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 12
25% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 52
9% more funds holding
Funds holding: 169 → 184 (+15)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less capital invested
Capital invested by funds: $620M → $598M (-$22M)
1.05% less ownership
Funds ownership: 72.73% → 71.67% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$9.55M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$4.01M |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.99M |
| 4 |
Citigroup
New York
|
+$2.49M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
Whitebark Investors
Incline Village,
Nevada
|
-$8.8M |
| 2 |
Millennium Management
New York
|
-$7.27M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$5.93M |
| 4 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$5.09M |
| 5 |
Two Sigma Investments
New York
|
-$4.35M |
SHEN Hedge Fund Activity: Q2 2026 in Review
184 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Shenandoah Telecom (SHEN) for Q2 2026, worth a combined $598M — down 3.5% from $620M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SHEN positions and 12 closed out — a net gain of 19 holders — while 65 added to existing stakes and 52 trimmed.
The largest buyer was Royce & Associates, adding an estimated $9.55M. The largest seller was Whitebark Investors, cutting an estimated $8.8M.
- 184 institutional investors held Shenandoah Telecom (SHEN) as of Q2 2026, up from 169 in Q1 2026.
- Funds reported $598M of Shenandoah Telecom stock for Q2 2026, down 3.5% quarter-over-quarter.
- 31 funds opened new Shenandoah Telecom positions in Q2 2026 and 12 closed out, a net change of +19 holders.
- The largest Shenandoah Telecom buyer in Q2 2026 was Royce & Associates, an estimated $9.55M added.
- The largest Shenandoah Telecom seller in Q2 2026 was Whitebark Investors, an estimated $8.8M sold.
Based on aggregated 13F filings for Q2 2026.