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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
BlackRock
1
BlackRock
New York
$144M +$27.8M +3,483,711 +18%
Vanguard Group
2
Vanguard Group
Pennsylvania
$103M -$440K -55,170 -0.3%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$71.4M +$3.67M +460,596 +4%
JC
4
Joho Capital
New York
$60.2M +$25.7M +3,219,000 +50%
JP Morgan Chase
5
JP Morgan Chase
New York
$55.5M +$6.47M +810,931 +10%
First Trust Advisors
6
First Trust Advisors
Illinois
$33.8M +$23M +2,882,197 +114%
Invesco
7
Invesco
Georgia
$33.5M +$5.32M +666,488 +14%
State Street
8
State Street
Massachusetts
$33.2M +$7.38M +924,937 +21%
T. Rowe Price Investment Management
9
T. Rowe Price Investment Management
Maryland
$31.2M +$798 +100 +0%
Morgan Stanley
10
Morgan Stanley
New York
$28.7M +$27.7M +3,476,397 +308%
ClearBridge Investments
11
ClearBridge Investments
New York
$25.9M -$38.1M -4,773,169 -53%
Franklin Resources
12
Franklin Resources
California
$25.5M +$9.6M +1,202,713 +42%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$25.4M +$1.39M +173,822 +4%
ECA
14
Encompass Capital Advisors
New York
$23.4M -$9.2M -1,153,675 -24%
Pictet Asset Management
15
Pictet Asset Management
Switzerland
$22.9M -$2.37M -297,205 -8%
Citadel Advisors
16
Citadel Advisors
Florida
$22.2M -$14.6M -1,827,488 -34%
Goldman Sachs
17
Goldman Sachs
New York
$21.6M +$9.16M +1,147,637 +50%
Millennium Management
18
Millennium Management
New York
$21M +$19.5M +2,442,227 +263%
EAM
19
Erste Asset Management
Austria
$18.7M +$2.16M +270,154 +10%
Norges Bank
20
Norges Bank
Norway
$18.5M +$8.35M +1,046,549 +54%
Voloridge Investment Management
21
Voloridge Investment Management
Florida
$13.7M +$13.7M +1,722,947 +365%
ICM
22
Invenomic Capital Management
Massachusetts
$13M +$12.6M +1,583,141 +321%
Handelsbanken Fonder
23
Handelsbanken Fonder
Sweden
$12.6M -$5.66M -709,654 -26%
Two Sigma Investments
24
Two Sigma Investments
New York
$11.9M +$15.2M +1,910,121 New
William Blair Investment Management
25
William Blair Investment Management
Illinois
$11.8M -$66.4M -8,323,392 -81%

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.