Shinhan Financial Group
135 hedge funds and large institutions have $378M invested in Shinhan Financial Group in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 45 increasing their positions, 52 reducing their positions, and 17 closing their positions.
15% more capital invested
Capital invested by funds: $330M → $378M (+$48M)
0.14% more ownership
Funds ownership: 2.64% → 2.78% (+0.14%)
6% less funds holding
Funds holding: 144 → 135 (-9)
13% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 52
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$13.8M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$7.3M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.29M |
| 4 |
Goldman Sachs
New York
|
+$6.08M |
| 5 |
TWI
Thomas White International
Chicago,
Illinois
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cullen Capital Management
New York
|
-$3.21M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$2.62M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.4M |
| 4 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
-$1.5M |
| 5 |
BlackRock
New York
|
-$1.38M |
SHG Hedge Fund Activity: Q1 2023 in Review
135 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Shinhan Financial Group (SHG) for Q1 2023, worth a combined $378M — up 15% from $330M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of SHG and 9 opened new positions — a net loss of 8 holders — while 52 trimmed existing stakes and 45 added.
The largest buyer was Orbis Allan Gray, opening a new position worth an estimated $13.8M. The largest seller was Cullen Capital Management, exiting entirely with an estimated $3.21M sold.
- 135 institutional investors held Shinhan Financial Group (SHG) as of Q1 2023, down from 144 in Q4 2022.
- Funds reported $378M of Shinhan Financial Group stock for Q1 2023, up 15% quarter-over-quarter.
- 9 funds opened new Shinhan Financial Group positions in Q1 2023 and 17 closed out, a net change of -8 holders.
- The largest Shinhan Financial Group buyer in Q1 2023 was Orbis Allan Gray, an estimated $13.8M added.
- The largest Shinhan Financial Group seller in Q1 2023 was Cullen Capital Management, an estimated $3.21M sold.
Based on aggregated 13F filings for Q1 2023.