Shoals Technologies Group
SHLS
224 hedge funds and large institutions have $2.4B invested in Shoals Technologies Group in 2022 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 71 increasing their positions, 75 reducing their positions, and 32 closing their positions.
50% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 32
24% more capital invested
Capital invested by funds: $1.94B → $2.4B (+$464M)
7% more funds holding
Funds holding: 209 → 224 (+15)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 75
5.86% less ownership
Funds ownership: 104.81% → 98.96% (-5.9%)
31% less call options, than puts
Call options by funds: $25.4M | Put options by funds: $36.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$24.3M |
| 2 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$21.6M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$20.4M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$18.4M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$230M |
| 2 |
BlackRock
New York
|
-$53.9M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$30.9M |
| 4 |
Swedbank
Stockholm,
Sweden
|
-$20.4M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$19.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
251
CoreCap Advisors
Southfield,
Michigan
| – | -$13K | -762 | Closed |
|
252
Lazard Asset Management
New York
| – | -$9K | -580 | Closed |
|
253
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$2K | -95 | Closed |
|
|
C
254
Covestor
London,
United Kingdom
| – | -$1.65K | -74 | -87% |
|
|
CAL
255
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$179 | +8 | New |
|
SHLS Hedge Fund Activity: Q3 2022 in Review
224 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Shoals Technologies Group (SHLS) for Q3 2022, worth a combined $2.4B — up 24% from $1.94B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new SHLS positions and 32 closed out — a net gain of 16 holders — while 71 added to existing stakes and 75 trimmed.
The largest buyer was ClearBridge Investments, adding an estimated $24.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $230M.
- 224 institutional investors held Shoals Technologies Group (SHLS) as of Q3 2022, up from 209 in Q2 2022.
- Funds reported $2.4B of Shoals Technologies Group stock for Q3 2022, up 24% quarter-over-quarter.
- 48 funds opened new Shoals Technologies Group positions in Q3 2022 and 32 closed out, a net change of +16 holders.
- The largest Shoals Technologies Group buyer in Q3 2022 was ClearBridge Investments, an estimated $24.3M added.
- The largest Shoals Technologies Group seller in Q3 2022 was T. Rowe Price Associates, an estimated $230M sold.
Based on aggregated 13F filings for Q3 2022.