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Shoals Technologies Group
SHLS

300 hedge funds and large institutions have $3.42B invested in Shoals Technologies Group in 2023 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 133 increasing their positions, 86 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more call options, than puts

Call options by funds: $29.2M | Put options by funds: $13.7M

55% more repeat investments, than reductions

Existing positions increased: 133 | Existing positions reduced: 86

50% more funds holding in top 10

Funds holding in top 10: 2 → 3 (+1)

34% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 35

4% more funds holding

Funds holding: 289 → 300 (+11)

3.81% more ownership

Funds ownership: 106.39% → 110.2% (+3.8%)

26% less capital invested

Capital invested by funds: $4.6B → $3.42B (-$1.18B)

Holders
300
Holders Change
+11
Holders Change %
+3.81%
% of All Funds
4.76%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
47
Increased
133
Reduced
86
Closed
35
Calls
$29.2M
Puts
$13.7M
Net Calls
+$15.5M
Net Calls Change
+$10M

Top Buyers

Rank Fund Capital Flow
1
Wellington Management Group
Wellington Management Group
Massachusetts
+$61.5M
2
JP Morgan Chase
JP Morgan Chase
New York
+$31.2M
3
Point72 Asset Management
Point72 Asset Management
Connecticut
+$29.9M
4
William Blair Investment Management
William Blair Investment Management
Illinois
+$26.5M
5
Millennium Management
Millennium Management
New York
+$26.4M

Top Sellers

Rank Fund Capital Flow
1
UBS AM
UBS AM
Illinois
-$83.3M
2
MCM
Moore Capital Management
New York
-$50.1M
3
Macquarie Group
Macquarie Group
Australia
-$38.1M
4
Invesco
Invesco
Georgia
-$32.4M
5
Goldman Sachs
Goldman Sachs
New York
-$25.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
BAMCO Inc
26
BAMCO Inc
New York
$32.9M – – –
Artisan Partners
27
Artisan Partners
Wisconsin
$30.3M -$1.45M -65,260 -4%
First Trust Advisors
28
First Trust Advisors
Illinois
$29.9M +$840K +37,759 +2%
Northern Trust
29
Northern Trust
Illinois
$29.8M -$588K -26,402 -2%
GKIM
30
GW&K Investment Management
Massachusetts
$28.7M +$20.8M +935,649 +147%
UBS AM
31
UBS AM
Illinois
$28.5M -$83.3M -3,743,357 -71%
Morgan Stanley
32
Morgan Stanley
New York
$26.3M +$4.13M +185,622 +15%
Victory Capital Management
33
Victory Capital Management
Texas
$26.2M +$10.3M +463,600 +48%
FCM
34
Frontier Capital Management
Massachusetts
$26M +$845K +37,961 +3%
MIM
35
Merewether Investment Management
Texas
$25.3M +$8.47M +380,708 +38%
Point72 Asset Management
36
Point72 Asset Management
Connecticut
$24.5M +$29.9M +1,345,104 New
Charles Schwab
37
Charles Schwab
California
$24.5M +$950K +42,706 +3%
UM
38
UniSuper Management
Australia
$24.3M – – –
DekaBank Deutsche Girozentrale
39
DekaBank Deutsche Girozentrale
Germany
$23.8M +$499K +22,400 +2%
D.E. Shaw & Co
40
D.E. Shaw & Co
New York
$23.8M -$3.25M -146,018 -10%
SPPAM
41
Summit Partners Public Asset Management
Massachusetts
$23.4M -$4.82M -216,757 -14%
Millennium Management
42
Millennium Management
New York
$23M +$26.4M +1,185,110 +1,573%
BNP Paribas Asset Management
43
BNP Paribas Asset Management
France
$21M +$25.7M +1,152,774 New
JC
44
Joho Capital
New York
$20.5M – – –
ECP
45
Electron Capital Partners
New York
$19.3M +$23.6M +1,058,832 New
Dimensional Fund Advisors
46
Dimensional Fund Advisors
Texas
$19.3M +$3.06M +137,609 +15%
ZCI
47
Zevenbergen Capital Investments
Washington
$19.2M -$380K -17,073 -2%
N
48
Nuveen
North Carolina
$17.9M +$2.41M +108,466 +12%
SCM
49
SIR Capital Management
New York
$17M +$11.5M +515,172 +124%
KCM
50
Kornitzer Capital Management
Kansas
$16.5M – – –
1
2
3 4 5

SHLS Hedge Fund Activity: Q3 2023 in Review

300 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Shoals Technologies Group (SHLS) for Q3 2023, worth a combined $3.42B — down 26% from $4.6B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new SHLS positions and 35 closed out — a net gain of 12 holders — while 133 added to existing stakes and 86 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $61.5M. The largest seller was UBS AM, cutting an estimated $83.3M.

  • 300 institutional investors held Shoals Technologies Group (SHLS) as of Q3 2023, up from 289 in Q2 2023.
  • Funds reported $3.42B of Shoals Technologies Group stock for Q3 2023, down 26% quarter-over-quarter.
  • 47 funds opened new Shoals Technologies Group positions in Q3 2023 and 35 closed out, a net change of +12 holders.
  • The largest Shoals Technologies Group buyer in Q3 2023 was Wellington Management Group, an estimated $61.5M added.
  • The largest Shoals Technologies Group seller in Q3 2023 was UBS AM, an estimated $83.3M sold.

Based on aggregated 13F filings for Q3 2023.