Shoals Technologies Group
SHLS
290 hedge funds and large institutions have $3.05B invested in Shoals Technologies Group in 2023 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 125 increasing their positions, 90 reducing their positions, and 57 closing their positions.
206% more call options, than puts
Call options by funds: $27.4M | Put options by funds: $8.95M
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
39% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 90
5.35% more ownership
Funds ownership: 110.2% → 115.55% (+5.3%)
3% less funds holding
Funds holding: 300 → 290 (-10)
11% less capital invested
Capital invested by funds: $3.42B → $3.05B (-$368M)
12% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$43.4M |
| 2 |
BNP Paribas Asset Management
Paris,
France
|
+$41.9M |
| 3 |
BlackRock
New York
|
+$39.5M |
| 4 |
Millennium Management
New York
|
+$36.6M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
+$36.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$71M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$43M |
| 3 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
-$42.6M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$36.3M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$30.3M |
SHLS Hedge Fund Activity: Q4 2023 in Review
290 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Shoals Technologies Group (SHLS) for Q4 2023, worth a combined $3.05B — down 11% from $3.42B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of SHLS and 50 opened new positions — a net loss of 7 holders — while 90 trimmed existing stakes and 125 added.
The largest buyer was Wellington Management Group, adding an estimated $43.4M. The largest seller was AllianceBernstein, cutting an estimated $71M.
- 290 institutional investors held Shoals Technologies Group (SHLS) as of Q4 2023, down from 300 in Q3 2023.
- Funds reported $3.05B of Shoals Technologies Group stock for Q4 2023, down 11% quarter-over-quarter.
- 50 funds opened new Shoals Technologies Group positions in Q4 2023 and 57 closed out, a net change of -7 holders.
- The largest Shoals Technologies Group buyer in Q4 2023 was Wellington Management Group, an estimated $43.4M added.
- The largest Shoals Technologies Group seller in Q4 2023 was AllianceBernstein, an estimated $71M sold.
Based on aggregated 13F filings for Q4 2023.