ShoreTel, Inc.
SHOR
SHOR was delisted on the 22nd of September, 2017.
134 hedge funds and large institutions have $338M invested in ShoreTel, Inc. in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 63 increasing their positions, 47 reducing their positions, and 22 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 47
6% less funds holding
Funds holding: 143 → 134 (-9)
24% less capital invested
Capital invested by funds: $443M → $338M (-$105M)
41% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 22
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$9.69M |
| 2 |
RC
RGM Capital
Naples,
Florida
|
+$9.29M |
| 3 |
Renaissance Technologies
New York
|
+$4.05M |
| 4 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$2.67M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Castleark Management
Chicago,
Illinois
|
-$9.35M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.11M |
| 3 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$4.13M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$4.09M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$2.82M |
SHOR Hedge Fund Activity: Q2 2014 in Review
134 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in ShoreTel, Inc. (SHOR) for Q2 2014, worth a combined $338M — down 24% from $443M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of SHOR and 13 opened new positions — a net loss of 9 holders — while 47 trimmed existing stakes and 63 added.
The largest buyer was Park West Asset Management, adding an estimated $9.69M. The largest seller was Castleark Management, exiting entirely with an estimated $9.35M sold.
- 134 institutional investors held ShoreTel, Inc. (SHOR) as of Q2 2014, down from 143 in Q1 2014.
- Funds reported $338M of ShoreTel, Inc. stock for Q2 2014, down 24% quarter-over-quarter.
- 13 funds opened new ShoreTel, Inc. positions in Q2 2014 and 22 closed out, a net change of -9 holders.
- The largest ShoreTel, Inc. buyer in Q2 2014 was Park West Asset Management, an estimated $9.69M added.
- The largest ShoreTel, Inc. seller in Q2 2014 was Castleark Management, an estimated $9.35M sold.
Based on aggregated 13F filings for Q2 2014.