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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$61.5M |
| 2 |
JP Morgan Chase
New York
|
+$31.2M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$29.9M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$26.5M |
| 5 |
Millennium Management
New York
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
-$83.3M |
| 2 |
MCM
Moore Capital Management
New York
|
-$50.1M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$38.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$32.4M |
| 5 |
Goldman Sachs
New York
|
-$25.1M |
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.