Shinhan Financial Group
175 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, 75 increasing their positions, 46 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
65% more call options, than puts
Call options by funds: $71K | Put options by funds: $43K
63% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 46
23% more capital invested
Capital invested by funds: $453M → $556M (+$103M)
7% more funds holding
Funds holding: 163 → 175 (+12)
0.2% more ownership
Funds ownership: 2.86% → 3.06% (+0.2%)
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 |
PC
Promethos Capital
Boston,
Massachusetts
|
-$2.47M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$1.68M |
| 3 |
LWAM
Legacy Wealth Asset Management
Woodbury,
Minnesota
|
-$1.21M |
| 4 |
FTDI
First Trust Direct Indexing
Boston,
Massachusetts
|
-$828K |
| 5 |
Neuberger Berman Group
New York
|
-$713K |
SHG Hedge Fund Activity: Q1 2024 in Review
175 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Shinhan Financial Group (SHG) for Q1 2024, worth a combined $556M — up 23% from $453M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SHG positions and 12 closed out — a net gain of 12 holders — while 75 added to existing stakes and 46 trimmed.
The largest buyer was Bank of America, adding an estimated $6.89M. The largest seller was Promethos Capital, cutting an estimated $2.47M.
- 175 institutional investors held Shinhan Financial Group (SHG) as of Q1 2024, up from 163 in Q4 2023.
- Funds reported $556M of Shinhan Financial Group stock for Q1 2024, up 23% 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 Promethos Capital, an estimated $2.47M sold.
Based on aggregated 13F filings for Q1 2024.