Shoals Technologies Group
SHLS
278 hedge funds and large institutions have $2.23B invested in Shoals Technologies Group in 2024 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 104 increasing their positions, 98 reducing their positions, and 53 closing their positions.
68% more call options, than puts
Call options by funds: $14.9M | Put options by funds: $8.82M
6% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 98
0.57% more ownership
Funds ownership: 116.58% → 117.15% (+0.57%)
4% less funds holding
Funds holding: 290 → 278 (-12)
21% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 53
27% less capital invested
Capital invested by funds: $3.08B → $2.23B (-$846M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$58.6M |
| 2 |
JC
Joho Capital
New York
|
+$46.6M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$31.2M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$21.5M |
| 5 |
BNP Paribas Asset Management
Paris,
France
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$37.8M |
| 2 |
Morgan Stanley
New York
|
-$32.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$26.5M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
-$26.1M |
| 5 |
BlackRock
New York
|
-$26.1M |
SHLS Hedge Fund Activity: Q1 2024 in Review
278 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Shoals Technologies Group (SHLS) for Q1 2024, worth a combined $2.23B — down 27% from $3.08B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of SHLS and 42 opened new positions — a net loss of 11 holders — while 98 trimmed existing stakes and 104 added.
The largest buyer was William Blair Investment Management, adding an estimated $58.6M. The largest seller was Millennium Management, cutting an estimated $37.8M.
- 278 institutional investors held Shoals Technologies Group (SHLS) as of Q1 2024, down from 290 in Q4 2023.
- Funds reported $2.23B of Shoals Technologies Group stock for Q1 2024, down 27% quarter-over-quarter.
- 42 funds opened new Shoals Technologies Group positions in Q1 2024 and 53 closed out, a net change of -11 holders.
- The largest Shoals Technologies Group buyer in Q1 2024 was William Blair Investment Management, an estimated $58.6M added.
- The largest Shoals Technologies Group seller in Q1 2024 was Millennium Management, an estimated $37.8M sold.
Based on aggregated 13F filings for Q1 2024.