Shinhan Financial Group
136 hedge funds and large institutions have $378M invested in Shinhan Financial Group in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 45 increasing their positions, 51 reducing their positions, and 17 closing their positions.
15% more capital invested
Capital invested by funds: $330M → $378M (+$48.1M)
0.46% more ownership
Funds ownership: 2.32% → 2.78% (+0.46%)
6% less funds holding
Funds holding: 144 → 136 (-8)
12% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 51
41% less first-time investments, than exits
New positions opened: 10 | 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
136 of the 6,283 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 10 opened new positions — a net loss of 7 holders — while 51 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.
- 136 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.
- 10 funds opened new Shinhan Financial Group positions in Q1 2023 and 17 closed out, a net change of -7 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.