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Shoals Technologies Group

236 hedge funds and large institutions have $938M invested in Shoals Technologies Group in 2024 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 84 increasing their positions, 84 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more call options, than puts

Call options by funds: $16.1M | Put options by funds: $7.33M

0% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 84

5% less funds holding

Funds holding: 248236 (-12)

13.9% less ownership

Funds ownership: 114.36%100.46% (-14%)

23% less capital invested

Capital invested by funds: $1.22B → $938M (-$278M)

24% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 51

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
236
Holders Change
-12
Holders Change %
-4.84%
% of All Funds
3.39%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
39
Increased
84
Reduced
84
Closed
51
Calls
$16.1M
Puts
$7.33M
Net Calls
+$8.78M
Net Calls Change
+$5.99M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$152M +$23.3M +3,901,771 +17%
Vanguard Group
2
Vanguard Group
Pennsylvania
$93.1M +$659K +110,305 +0.7%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$73.5M +$9.96M +1,666,691 +15%
Point72 Asset Management
4
Point72 Asset Management
Connecticut
$38.4M +$33.6M +5,622,207 +460%
JP Morgan Chase
5
JP Morgan Chase
New York
$35M -$15.9M -2,653,320 -30%
Invesco
6
Invesco
Georgia
$29.8M -$347K -58,099 -1%
State Street
7
State Street
Massachusetts
$29.6M -$208K -34,767 -0.7%
ECA
8
Encompass Capital Advisors
New York
$26.5M +$5.85M +978,146 +26%
Franklin Resources
9
Franklin Resources
California
$24.8M +$3.94M +658,617 +16%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$22.6M -$243K -40,694 -1%
EAM
11
Erste Asset Management
Austria
$20.2M +$3.44M +574,913 +20%
Pictet Asset Management
12
Pictet Asset Management
Switzerland
$18.7M -$2.02M -337,606 -9%
Handelsbanken Fonder
13
Handelsbanken Fonder
Sweden
$15.2M +$4.13M +690,344 +34%
Millennium Management
14
Millennium Management
New York
$13.3M -$5.94M -993,136 -29%
Verition Fund Management
15
Verition Fund Management
Connecticut
$12.6M +$12.2M +2,034,291 +938%
ClearBridge Investments
16
ClearBridge Investments
New York
$12.5M -$11.5M -1,931,322 -46%
ICM
17
Invenomic Capital Management
Massachusetts
$11M -$656K -109,785 -5%
William Blair Investment Management
18
William Blair Investment Management
Illinois
$10.9M +$225K +37,565 +2%
FCM
19
Frontier Capital Management
Massachusetts
$10.4M +$1.87M +312,135 +20%
RGC
20
Redwood Grove Capital
California
$10.2M +$688K +115,000 +7%
SCM
21
SIR Capital Management
New York
$10M +$14.9K +2,497 +0.1%
Northern Trust
22
Northern Trust
Illinois
$9.53M -$100K -16,736 -1%
Federated Hermes
23
Federated Hermes
Pennsylvania
$9.42M +$2.73M +457,043 +37%
GKIM
24
GW&K Investment Management
Massachusetts
$9.19M -$300K -50,182 -3%
Norges Bank
25
Norges Bank
Norway
$8.83M -$8.36M -1,398,024 -47%

SHLS Hedge Fund Activity: Q3 2024 in Review

236 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Shoals Technologies Group (SHLS) for Q3 2024, worth a combined $938M — down 23% from $1.22B a quarter earlier.

Sellers outnumbered buyers: 51 funds closed out of SHLS and 39 opened new positions — a net loss of 12 holders — while 84 trimmed existing stakes and 84 added.

The largest buyer was Point72 Asset Management, adding an estimated $33.6M. The largest seller was Joho Capital, exiting entirely with an estimated $60.2M sold.

  • 236 institutional investors held Shoals Technologies Group (SHLS) as of Q3 2024, down from 248 in Q2 2024.
  • Funds reported $938M of Shoals Technologies Group stock for Q3 2024, down 23% quarter-over-quarter.
  • 39 funds opened new Shoals Technologies Group positions in Q3 2024 and 51 closed out, a net change of -12 holders.
  • The largest Shoals Technologies Group buyer in Q3 2024 was Point72 Asset Management, an estimated $33.6M added.
  • The largest Shoals Technologies Group seller in Q3 2024 was Joho Capital, an estimated $60.2M sold.

Based on aggregated 13F filings for Q3 2024.