Shoe Station Group
SHOE
70 hedge funds and large institutions have $315M invested in Shoe Station Group in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 12 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
14% more call options, than puts
Call options by funds: $410K | Put options by funds: $360K
9% less funds holding
Funds holding: 77 → 70 (-7)
20% less capital invested
Capital invested by funds: $394M → $315M (-$78.8M)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$3.06M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$2.1M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.99M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.77M |
| 5 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$5.1M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.12M |
| 3 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$1.79M |
| 4 |
Goldman Sachs
New York
|
-$1.23M |
| 5 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$755K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
JP Morgan Chase
New York
| – | -$239K | -16,486 | Closed |
|
|
CMBA
77
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$72K | -4,990 | Closed |
|
|
BGIM
78
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$11K | -720 | Closed |
|
79
BNP Paribas Financial Markets
Paris,
France
| – | -$5.63K | -388 | Closed |
|
|
HNB
80
Huntington National Bank
Columbus,
Ohio
| – | -$4K | -304 | Closed |
|
SHOE Hedge Fund Activity: Q1 2014 in Review
70 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Shoe Station Group (SHOE) for Q1 2014, worth a combined $315M — down 20% from $394M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SHOE and 6 opened new positions — a net loss of 6 holders — while 22 trimmed existing stakes and 33 added.
The largest buyer was Royce & Associates, adding an estimated $3.06M. The largest seller was Victory Capital Management, cutting an estimated $5.1M.
- 70 institutional investors held Shoe Station Group (SHOE) as of Q1 2014, down from 77 in Q4 2013.
- Funds reported $315M of Shoe Station Group stock for Q1 2014, down 20% quarter-over-quarter.
- 6 funds opened new Shoe Station Group positions in Q1 2014 and 12 closed out, a net change of -6 holders.
- The largest Shoe Station Group buyer in Q1 2014 was Royce & Associates, an estimated $3.06M added.
- The largest Shoe Station Group seller in Q1 2014 was Victory Capital Management, an estimated $5.1M sold.
Based on aggregated 13F filings for Q1 2014.