Shinhan Financial Group
174 hedge funds and large institutions have $556M invested in Shinhan Financial Group in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 76 increasing their positions, 45 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
69% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 45
65% more call options, than puts
Call options by funds: $71K | Put options by funds: $43K
12% more capital invested
Capital invested by funds: $497M → $556M (+$58.7M)
7% more funds holding
Funds holding: 162 → 174 (+12)
0.08% less ownership
Funds ownership: 3.14% → 3.06% (-0.08%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.89M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$5.41M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.07M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$2.32M |
| 5 |
RAM
Ramirez Asset Management
New York
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$49.1M |
| 2 |
PC
Promethos Capital
Boston,
Massachusetts
|
-$2.47M |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$1.68M |
| 4 |
LWAM
Legacy Wealth Asset Management
Woodbury,
Minnesota
|
-$1.21M |
| 5 |
FTDI
First Trust Direct Indexing
Boston,
Massachusetts
|
-$828K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$481K | -15,622 | Closed |
|
|
SSA
177
Schonfeld Strategic Advisors
New York
| – | -$336K | -10,900 | Closed |
|
178
State Street
Boston,
Massachusetts
| – | -$333K | -10,825 | Closed |
|
179
Renaissance Technologies
New York
| – | -$317K | -10,300 | Closed |
|
|
YIH
180
Y-Intercept (HK)
Hong Kong
| – | -$264K | -8,571 | Closed |
|
|
GWS
181
Glassman Wealth Services
Vienna,
Virginia
| – | -$40.3K | -1,308 | Closed |
|
|
LGF
182
LGT Group Foundation
Vaduz,
Liechtenstein
| – | -$9.96K | -308 | -0.9% |
|
|
AT
183
Arlington Trust
Birmingham,
Alabama
| – | -$4.53K | -147 | Closed |
|
|
ASN
184
Advisory Services Network
Atlanta,
Georgia
| – | -$3.88K | -126 | Closed |
|
|
GI
185
Gradient Investments
Arden Hills,
Minnesota
| – | -$1.66K | -54 | Closed |
|
|
BBHC
186
Brown Brothers Harriman & Co
New York
| – | -$893 | -29 | Closed |
|
SHG Hedge Fund Activity: Q1 2024 in Review
174 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Shinhan Financial Group (SHG) for Q1 2024, worth a combined $556M — up 12% from $497M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SHG positions and 12 closed out — a net gain of 12 holders — while 76 added to existing stakes and 45 trimmed.
The largest buyer was Bank of America, adding an estimated $6.89M. The largest seller was Morgan Stanley, cutting an estimated $49.1M.
- 174 institutional investors held Shinhan Financial Group (SHG) as of Q1 2024, up from 162 in Q4 2023.
- Funds reported $556M of Shinhan Financial Group stock for Q1 2024, up 12% quarter-over-quarter.
- 24 funds opened new Shinhan Financial Group positions in Q1 2024 and 12 closed out, a net change of +12 holders.
- The largest Shinhan Financial Group buyer in Q1 2024 was Bank of America, an estimated $6.89M added.
- The largest Shinhan Financial Group seller in Q1 2024 was Morgan Stanley, an estimated $49.1M sold.
Based on aggregated 13F filings for Q1 2024.