ShoreTel, Inc.
SHOR
SHOR was delisted on the 22nd of September, 2017.
134 hedge funds and large institutions have $434M invested in ShoreTel, Inc. in 2013 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 48 increasing their positions, 38 reducing their positions, and 11 closing their positions.
236% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
72% more capital invested
Capital invested by funds: $252M → $434M (+$182M)
26% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 38
24% more funds holding
Funds holding: 108 → 134 (+26)
30% less call options, than puts
Call options by funds: $7K | Put options by funds: $10K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$14M |
| 2 |
PC
Pier Capital
Stamford,
Connecticut
|
+$6.62M |
| 3 |
CM
Castleark Management
Chicago,
Illinois
|
+$6.55M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$6.02M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$4.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$13.4M |
| 2 |
DM
Diker Management
New York
|
-$7.63M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$5.81M |
| 4 |
LBH
Lehman Brothers Holdings
New York
|
-$5.38M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$3.71M |
SHOR Hedge Fund Activity: Q4 2013 in Review
134 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in ShoreTel, Inc. (SHOR) for Q4 2013, worth a combined $434M — up 72% from $252M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new SHOR positions and 11 closed out — a net gain of 26 holders — while 48 added to existing stakes and 38 trimmed.
The largest buyer was Park West Asset Management, adding an estimated $14M. The largest seller was Wellington Management Group, cutting an estimated $13.4M.
- 134 institutional investors held ShoreTel, Inc. (SHOR) as of Q4 2013, up from 108 in Q3 2013.
- Funds reported $434M of ShoreTel, Inc. stock for Q4 2013, up 72% quarter-over-quarter.
- 37 funds opened new ShoreTel, Inc. positions in Q4 2013 and 11 closed out, a net change of +26 holders.
- The largest ShoreTel, Inc. buyer in Q4 2013 was Park West Asset Management, an estimated $14M added.
- The largest ShoreTel, Inc. seller in Q4 2013 was Wellington Management Group, an estimated $13.4M sold.
Based on aggregated 13F filings for Q4 2013.