Shinhan Financial Group
76 hedge funds and large institutions have $421M invested in Shinhan Financial Group in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 30 reducing their positions, and 11 closing their positions.
0.24% less ownership
Funds ownership: 2.25% → 2.02% (-0.24%)
6% less funds holding
Funds holding: 81 → 76 (-5)
15% less capital invested
Capital invested by funds: $498M → $421M (-$76.8M)
20% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 30
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Aperio Group
Sausalito,
California
|
+$9.49M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.36M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.88M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.28M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$19.3M |
| 2 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
-$14.7M |
| 3 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
-$14.4M |
| 4 |
Lazard Asset Management
New York
|
-$6.32M |
| 5 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$3.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
76
SignatureFD
Atlanta,
Georgia
| $2K | +$2.07K | +50 | New |
|
|
77
First Trust Advisors
Wheaton,
Illinois
| – | -$19.3M | -422,006 | Closed |
|
|
TAM
78
Todd Asset Management
Louisville,
Kentucky
| – | -$14.7M | -322,659 | Closed |
|
|
TRSOTSOK
79
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
| – | -$14.4M | -316,000 | Closed |
|
80
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$701K | -15,300 | Closed |
|
81
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$427K | -9,345 | Closed |
|
|
CGT
82
Capital Guardian Trust
Los Angeles,
California
| – | -$47K | -1,018 | Closed |
|
|
FMII
83
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$11K | -244 | Closed |
|
84
AllianceBernstein
Nashville,
Tennessee
| – | -$7K | -157 | Closed |
|
85
Envestnet Asset Management
Chicago,
Illinois
| – | -$6K | -135 | Closed |
|
|
EWM
86
Elite Wealth Management
Kirkland,
Washington
| – | -$5K | -115 | Closed |
|
87
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -65 | Closed |
|
SHG Hedge Fund Activity: Q1 2014 in Review
76 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Shinhan Financial Group (SHG) for Q1 2014, worth a combined $421M — down 15% from $498M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SHG and 7 opened new positions — a net loss of 4 holders — while 30 trimmed existing stakes and 24 added.
The largest buyer was Aperio Group, opening a new position worth an estimated $9.49M. The largest seller was First Trust Advisors, exiting entirely with an estimated $19.3M sold.
- 76 institutional investors held Shinhan Financial Group (SHG) as of Q1 2014, down from 81 in Q4 2013.
- Funds reported $421M of Shinhan Financial Group stock for Q1 2014, down 15% quarter-over-quarter.
- 7 funds opened new Shinhan Financial Group positions in Q1 2014 and 11 closed out, a net change of -4 holders.
- The largest Shinhan Financial Group buyer in Q1 2014 was Aperio Group, an estimated $9.49M added.
- The largest Shinhan Financial Group seller in Q1 2014 was First Trust Advisors, an estimated $19.3M sold.
Based on aggregated 13F filings for Q1 2014.