Shoals Technologies Group
SHLS
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.
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: 278 → 248 (-30)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$27.8M |
| 2 |
Morgan Stanley
New York
|
+$27.7M |
| 3 |
JC
Joho Capital
New York
|
+$25.7M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$23M |
| 5 |
Millennium Management
New York
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$66.4M |
| 2 |
BNP Paribas Asset Management
Paris,
France
|
-$57M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$38.4M |
| 4 |
ClearBridge Investments
New York
|
-$38.1M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$21.6M |
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.