Shinhan Financial Group
101 hedge funds and large institutions have $540M invested in Shinhan Financial Group in 2017 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 51 increasing their positions, 20 reducing their positions, and 11 closing their positions.
155% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 20
8% more capital invested
Capital invested by funds: $499M → $540M (+$40.4M)
0.09% more ownership
Funds ownership: 2.52% → 2.62% (+0.09%)
0% more funds holding
Funds holding: 101 → 101 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.68M |
| 2 |
Lazard Asset Management
New York
|
+$5.14M |
| 3 |
Millennium Management
New York
|
+$4.79M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$3.4M |
| 5 |
Renaissance Technologies
New York
|
+$2.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
-$6.43M |
| 2 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
-$4.73M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$3.18M |
| 4 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$3.08M |
| 5 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
-$1.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PMG
101
Private Management Group
Irvine,
California
| – | -$6.43M | -153,903 | Closed |
|
|
AP
102
Antipodes Partners
Royal Exchange,
Australia
| – | -$4.73M | -126,375 | Closed |
|
103
AllianceBernstein
Nashville,
Tennessee
| – | -$1.25M | -30,000 | Closed |
|
|
SI
104
Sensato Investors
San Francisco,
California
| – | -$1.16M | -27,800 | Closed |
|
105
D.E. Shaw & Co
New York
| – | -$1.12M | -26,841 | Closed |
|
|
PP
106
Paloma Partners
Greenwich,
Connecticut
| – | -$330K | -7,901 | Closed |
|
|
FIM
107
Freedom Investment Management
Hartford,
Connecticut
| – | -$208K | -4,977 | Closed |
|
108
Bank of New York Mellon
New York
| – | -$201K | -4,799 | Closed |
|
109
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$109K | -2,600 | Closed |
|
|
NSIM
110
North Star Investment Management
Chicago,
Illinois
| – | -$3K | -70 | Closed |
|
111
SEI Investments
Oaks,
Pennsylvania
| – | +$43 | +1 | New |
|
SHG Hedge Fund Activity: Q2 2017 in Review
101 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Shinhan Financial Group (SHG) for Q2 2017, worth a combined $540M — up 8.1% from $499M a quarter earlier.
Fund positioning in SHG was balanced in Q2 2017: 11 funds opened new positions, 11 closed out, 51 added to existing stakes and 20 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $5.68M. The largest seller was Private Management Group, exiting entirely with an estimated $6.43M sold.
- 101 institutional investors held Shinhan Financial Group (SHG) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $540M of Shinhan Financial Group stock for Q2 2017, up 8.1% quarter-over-quarter.
- 11 funds opened new Shinhan Financial Group positions in Q2 2017 and 11 closed out, a net change of 0 holders.
- The largest Shinhan Financial Group buyer in Q2 2017 was Arrowstreet Capital, an estimated $5.68M added.
- The largest Shinhan Financial Group seller in Q2 2017 was Private Management Group, an estimated $6.43M sold.
Based on aggregated 13F filings for Q2 2017.