Shoe Station Group
SHOE
116 hedge funds and large institutions have $321M invested in Shoe Station Group in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 51 increasing their positions, 39 reducing their positions, and 19 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 39
3% less funds holding
Funds holding: 120 → 116 (-4)
19% less capital invested
Capital invested by funds: $394M → $321M (-$73.4M)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
91% less call options, than puts
Call options by funds: $31K | Put options by funds: $350K
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$2.69M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$2.25M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.92M |
| 4 |
SAM
Scopus Asset Management
New York
|
+$1.83M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$3.15M |
| 2 |
RA
Royce & Associates
New York
|
-$3.11M |
| 3 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$2.61M |
| 4 |
Millennium Management
New York
|
-$2.44M |
| 5 |
IIM
Ironwood Investment Management
Boston,
Massachusetts
|
-$2.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
126
Paloma Partners
Greenwich,
Connecticut
| – | -$272K | -18,894 | Closed |
|
|
DTL
127
Dynamic Technology Lab
Singapore
| – | -$254K | -17,578 | Closed |
|
|
AG
128
Algert Global
San Francisco,
California
| – | -$248K | -17,160 | Closed |
|
|
EMG
129
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$215K | -14,868 | Closed |
|
|
SCM
130
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$209K | -14,484 | Closed |
|
|
TRCT
131
Tower Research Capital (TRC)
New York
| – | -$14K | -980 | Closed |
|
132
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$3K | -236 | Closed |
|
133
SEI Investments
Oaks,
Pennsylvania
| – | -$906 | -68 | -85% |
|
|
LTFS
134
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$27 | +2 | +25% |
|
135
AssetMark Inc
Concord,
California
| – | +$346 | +26 | New |
|
SHOE Hedge Fund Activity: Q3 2015 in Review
116 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Shoe Station Group (SHOE) for Q3 2015, worth a combined $321M — down 19% from $394M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SHOE and 15 opened new positions — a net loss of 4 holders — while 39 trimmed existing stakes and 51 added.
The largest buyer was PNC Financial Services Group, adding an estimated $2.69M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $3.15M sold.
- 116 institutional investors held Shoe Station Group (SHOE) as of Q3 2015, down from 120 in Q2 2015.
- Funds reported $321M of Shoe Station Group stock for Q3 2015, down 19% quarter-over-quarter.
- 15 funds opened new Shoe Station Group positions in Q3 2015 and 19 closed out, a net change of -4 holders.
- The largest Shoe Station Group buyer in Q3 2015 was PNC Financial Services Group, an estimated $2.69M added.
- The largest Shoe Station Group seller in Q3 2015 was Driehaus Capital Management, an estimated $3.15M sold.
Based on aggregated 13F filings for Q3 2015.