Shinhan Financial Group
139 hedge funds and large institutions have $382M invested in Shinhan Financial Group in 2023 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 52 increasing their positions, 49 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
2% more funds holding
Funds holding: 136 → 139 (+3)
6% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 49
1% more capital invested
Capital invested by funds: $378M → $382M (+$4.06M)
0.02% more ownership
Funds ownership: 2.8% → 2.83% (+0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$22.3M |
| 2 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$4.12M |
| 3 |
Morgan Stanley
New York
|
+$1.52M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$1.43M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$10.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.51M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.52M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.25M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$1.21M |
SHG Hedge Fund Activity: Q2 2023 in Review
139 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Shinhan Financial Group (SHG) for Q2 2023, worth a combined $382M — up 1.1% from $378M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SHG positions and 10 closed out — a net gain of 3 holders — while 52 added to existing stakes and 49 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $22.3M. The largest seller was Goldman Sachs, cutting an estimated $10.1M.
- 139 institutional investors held Shinhan Financial Group (SHG) as of Q2 2023, up from 136 in Q1 2023.
- Funds reported $382M of Shinhan Financial Group stock for Q2 2023, up 1.1% quarter-over-quarter.
- 13 funds opened new Shinhan Financial Group positions in Q2 2023 and 10 closed out, a net change of +3 holders.
- The largest Shinhan Financial Group buyer in Q2 2023 was Lazard Asset Management, an estimated $22.3M added.
- The largest Shinhan Financial Group seller in Q2 2023 was Goldman Sachs, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2023.