Shinhan Financial Group
81 hedge funds and large institutions have $498M invested in Shinhan Financial Group in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 23 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
30% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 23
8% more funds holding
Funds holding: 75 → 81 (+6)
6% more capital invested
Capital invested by funds: $470M → $498M (+$27.7M)
0.19% less ownership
Funds ownership: 2.45% → 2.25% (-0.19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.66M |
| 2 |
Pzena Investment Management
New York
|
+$3.55M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.36M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$2.21M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$2.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$40.6M |
| 2 |
Lazard Asset Management
New York
|
-$7.51M |
| 3 |
AG
Aperio Group
Sausalito,
California
|
-$6.36M |
| 4 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$1.45M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Envestnet Asset Management
Chicago,
Illinois
| $6K | +$3.08K | +72 | +114% |
|
|
EWM
77
Elite Wealth Management
Kirkland,
Washington
| $5K | +$4.92K | +115 | New |
|
|
PAS
78
Partnervest Advisory Services
Santa Barbara,
California
| $4K | -$214 | -5 | -6% |
|
|
FHA
79
First Horizon Advisors
Memphis,
Tennessee
| $4K | +$4.54K | +106 | New |
|
|
OA
80
OFI Advisors
Philadelphia,
Pennsylvania
| $3K | -$1.24K | -29 | -33% |
|
81
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | +$2.78K | +65 | New |
|
|
EFSCE
82
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $2K | – | – | – |
|
|
IG
83
ING Group
Amsterdam,
Netherlands
| – | -$40.6M | -1,004,734 | Closed |
|
84
Verition Fund Management
Greenwich,
Connecticut
| – | -$270K | -6,662 | Closed |
|
|
MMH
85
Menora Mivtachim Holdings
Ramat Gan,
Israel
| – | -$15K | -360 | Closed |
|
|
EWM
86
Evercore Wealth Management
New York
| – | -$8K | -207 | Closed |
|
87
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -36 | Closed |
|
SHG Hedge Fund Activity: Q4 2013 in Review
81 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Shinhan Financial Group (SHG) for Q4 2013, worth a combined $498M — up 5.9% from $470M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SHG positions and 6 closed out — a net gain of 6 holders — while 30 added to existing stakes and 23 trimmed.
The largest buyer was Vanguard Group, adding an estimated $4.66M. The largest seller was ING Group, exiting entirely with an estimated $40.6M sold.
- 81 institutional investors held Shinhan Financial Group (SHG) as of Q4 2013, up from 75 in Q3 2013.
- Funds reported $498M of Shinhan Financial Group stock for Q4 2013, up 5.9% quarter-over-quarter.
- 12 funds opened new Shinhan Financial Group positions in Q4 2013 and 6 closed out, a net change of +6 holders.
- The largest Shinhan Financial Group buyer in Q4 2013 was Vanguard Group, an estimated $4.66M added.
- The largest Shinhan Financial Group seller in Q4 2013 was ING Group, an estimated $40.6M sold.
Based on aggregated 13F filings for Q4 2013.