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Shoals Technologies Group

248 hedge funds and large institutions have $1.22B invested in Shoals Technologies Group in 2024 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 100 increasing their positions, 84 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more call options, than puts

Call options by funds: $14.8M | Put options by funds: $12.1M

19% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 84

2.79% less ownership

Funds ownership: 117.15%114.36% (-2.8%)

11% less funds holding

Funds holding: 278248 (-30)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

41% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 71

46% less capital invested

Capital invested by funds: $2.23B → $1.22B (-$1.02B)

Holders
248
Holders Change
-30
Holders Change %
-10.79%
% of All Funds
3.58%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
42
Increased
100
Reduced
84
Closed
71
Calls
$14.8M
Puts
$12.1M
Net Calls
+$2.79M
Net Calls Change
-$3.25M
Name Holding Trade Value Shares
Change
Change in
Stake
Nomura Asset Management
301
Nomura Asset Management
Japan
-$34K -3,038 Closed
CFGS
302
Concourse Financial Group Securities
Alabama
-$14.5K -1,823 Closed
RTC
303
Riverview Trust Company
Washington
-$15.5K -1,390 Closed
AF
304
Advisornet Financial
Minnesota
-$12.9K -1,155 Closed
Fifth Third Bancorp
305
Fifth Third Bancorp
Ohio
-$11.5K -1,025 Closed
CFM
306
Catalyst Funds Management
Australia
-$11.2K -1,000 Closed
OCM
307
Orion Capital Management
California
-$11.2K -1,000 Closed
NC
308
nVerses Capital
Florida
-$5.59K -500 Closed
GRP
309
Global Retirement Partners
California
-$4.91K -439 Closed
EC
310
EntryPoint Capital
New York
-$4.86K -435 Closed
PPC
311
Park Place Capital
Alabama
-$2.6K -233 Closed
CIBC Private Wealth Group
312
CIBC Private Wealth Group
Georgia
-$1.26K -111 Closed
Northwestern Mutual Wealth Management
313
Northwestern Mutual Wealth Management
Wisconsin
-$951 -85 Closed
GWM
314
Geneos Wealth Management
Colorado
-$559 -50 Closed
AWM
315
Avior Wealth Management
Nebraska
-$380 -34 Closed
SWM
316
Sanctuary Wealth Management
Idaho
-$380 -34 Closed
IFAM
317
Institutional & Family Asset Management
Colorado
-$369 -33 Closed
EWA
318
EverSource Wealth Advisors
Alabama
-$42 -5 Closed
AW
319
Avion Wealth
Texas
+$160 +20 +47%

SHLS Hedge Fund Activity: Q2 2024 in Review

248 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Shoals Technologies Group (SHLS) for Q2 2024, worth a combined $1.22B — down 46% from $2.23B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of SHLS and 42 opened new positions — a net loss of 29 holders — while 84 trimmed existing stakes and 100 added.

The largest buyer was BlackRock, adding an estimated $27.8M. The largest seller was William Blair Investment Management, cutting an estimated $66.4M.

  • 248 institutional investors held Shoals Technologies Group (SHLS) as of Q2 2024, down from 278 in Q1 2024.
  • Funds reported $1.22B of Shoals Technologies Group stock for Q2 2024, down 46% quarter-over-quarter.
  • 42 funds opened new Shoals Technologies Group positions in Q2 2024 and 71 closed out, a net change of -29 holders.
  • The largest Shoals Technologies Group buyer in Q2 2024 was BlackRock, an estimated $27.8M added.
  • The largest Shoals Technologies Group seller in Q2 2024 was William Blair Investment Management, an estimated $66.4M sold.

Based on aggregated 13F filings for Q2 2024.