Shinhan Financial Group
88 hedge funds and large institutions have $538M invested in Shinhan Financial Group in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 39 increasing their positions, 24 reducing their positions, and 17 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 24
0.05% less ownership
Funds ownership: 2.62% → 2.56% (-0.05%)
0% less capital invested
Capital invested by funds: $540M → $538M (-$1.49M)
13% less funds holding
Funds holding: 101 → 88 (-13)
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Asset Management
Tokyo,
Japan
|
+$9.94M |
| 2 |
BlackRock
New York
|
+$5.11M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.99M |
| 4 |
Lazard Asset Management
New York
|
+$3.46M |
| 5 |
AG
Aperio Group
Sausalito,
California
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$16.4M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$5.65M |
| 3 |
Millennium Management
New York
|
-$4.82M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$4.6M |
| 5 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$3.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
101
Gratry & Company
Beachwood,
Ohio
| – | -$263K | -6,050 | Closed |
|
102
Russell Investments Group
London,
United Kingdom
| – | -$162K | -3,731 | Closed |
|
|
TRCT
103
Tower Research Capital (TRC)
New York
| – | -$50K | -1,146 | Closed |
|
|
AIM
104
Acrospire Investment Management
Chicago,
Illinois
| – | -$32K | -725 | Closed |
|
|
FPFS
105
First Personal Financial Services
Charlotte,
North Carolina
| – | -$12K | -267 | Closed |
|
SHG Hedge Fund Activity: Q3 2017 in Review
88 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Shinhan Financial Group (SHG) for Q3 2017, worth a combined $538M — down 0.28% from $540M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of SHG and 8 opened new positions — a net loss of 9 holders — while 24 trimmed existing stakes and 39 added.
The largest buyer was Nomura Asset Management, opening a new position worth an estimated $9.94M. The largest seller was Brandes Investment Partners, cutting an estimated $16.4M.
- 88 institutional investors held Shinhan Financial Group (SHG) as of Q3 2017, down from 101 in Q2 2017.
- Funds reported $538M of Shinhan Financial Group stock for Q3 2017, down 0.28% quarter-over-quarter.
- 8 funds opened new Shinhan Financial Group positions in Q3 2017 and 17 closed out, a net change of -9 holders.
- The largest Shinhan Financial Group buyer in Q3 2017 was Nomura Asset Management, an estimated $9.94M added.
- The largest Shinhan Financial Group seller in Q3 2017 was Brandes Investment Partners, an estimated $16.4M sold.
Based on aggregated 13F filings for Q3 2017.