Shinhan Financial Group
SHG
101 hedge funds and large institutions have $499M invested in Shinhan Financial Group in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 35 increasing their positions, 28 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
25% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 28
12% more capital invested
Capital invested by funds: $447M → $499M (+$52.5M)
3% more funds holding
Funds holding: 98 → 101 (+3)
0.02% more ownership
Funds ownership: 2.5% → 2.52% (+0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$15.3M |
| 2 |
BlackRock
New York
|
+$5.26M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.19M |
| 4 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$4.53M |
| 5 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$6.93M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6.67M |
| 3 |
GH
GAM Holding
Zurich,
Switzerland
|
-$1.78M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.78M |
| 5 |
Morgan Stanley
New York
|
-$1.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
101
Credit Suisse
Zurich,
Switzerland
| – | -$6.67M | -177,129 | Closed |
|
|
GH
102
GAM Holding
Zurich,
Switzerland
| – | -$1.78M | -47,400 | Closed |
|
|
GC
103
Guggenheim Capital
Chicago,
Illinois
| – | -$401K | -10,658 | Closed |
|
|
CSS
104
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$353K | -9,369 | Closed |
|
105
Millennium Management
New York
| – | -$271K | -7,200 | Closed |
|
|
PWM
106
Perigon Wealth Management
San Francisco,
California
| – | -$21K | -503 | Closed |
|
|
WC
107
Whitnell & Co
Oak Brook,
Illinois
| – | -$15K | -396 | Closed |
|
|
DVM
108
Dreman Value Management
West Palm Beach,
Florida
| – | -$6K | -154 | Closed |
|
109
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -55 | Closed |
|
110
Creative Planning
Overland Park,
Kansas
| – | +$366 | +9 | New |
|
SHG Hedge Fund Activity: Q1 2017 in Review
101 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Shinhan Financial Group (SHG) for Q1 2017, worth a combined $499M — up 12% from $447M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SHG positions and 10 closed out — a net gain of 7 holders — while 35 added to existing stakes and 28 trimmed.
The largest buyer was Northern Trust, adding an estimated $15.3M. The largest seller was Brandes Investment Partners, cutting an estimated $6.93M.
- 101 institutional investors held Shinhan Financial Group (SHG) as of Q1 2017, up from 98 in Q4 2016.
- Funds reported $499M of Shinhan Financial Group stock for Q1 2017, up 12% quarter-over-quarter.
- 17 funds opened new Shinhan Financial Group positions in Q1 2017 and 10 closed out, a net change of +7 holders.
- The largest Shinhan Financial Group buyer in Q1 2017 was Northern Trust, an estimated $15.3M added.
- The largest Shinhan Financial Group seller in Q1 2017 was Brandes Investment Partners, an estimated $6.93M sold.
Based on aggregated 13F filings for Q1 2017.