ShoreTel, Inc.
SHOR
SHOR was delisted on the 22nd of September, 2017.
129 hedge funds and large institutions have $395M invested in ShoreTel, Inc. in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 46 increasing their positions, 53 reducing their positions, and 25 closing their positions.
550% more call options, than puts
Call options by funds: $26K | Put options by funds: $4K
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
11% more capital invested
Capital invested by funds: $355M → $395M (+$39.6M)
6% less funds holding
Funds holding: 137 → 129 (-8)
13% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 53
28% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$6.85M |
| 2 |
RC
RGM Capital
Naples,
Florida
|
+$4.36M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.2M |
| 4 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$3.02M |
| 5 |
DM
Diker Management
New York
|
+$2.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Castleark Management
Chicago,
Illinois
|
-$9.35M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$4.8M |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$3.07M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.81M |
| 5 |
Renaissance Technologies
New York
|
-$2.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
151
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$3K | -500 | Closed |
|
|
FMA
152
FNY Managed Accounts
New York
| – | -$3.33K | -500 | Closed |
|
153
Ameriprise
Minneapolis,
Minnesota
| – | -$1K | -175 | Closed |
|
|
GC
154
Globeflex Capital
San Diego,
California
| – | -$1K | -126 | Closed |
|
SHOR Hedge Fund Activity: Q4 2014 in Review
129 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in ShoreTel, Inc. (SHOR) for Q4 2014, worth a combined $395M — up 11% from $355M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of SHOR and 18 opened new positions — a net loss of 7 holders — while 53 trimmed existing stakes and 46 added.
The largest buyer was Commonwealth of Pennsylvania Public School Employees Retirement System, opening a new position worth an estimated $6.85M. The largest seller was Castleark Management, exiting entirely with an estimated $9.35M sold.
- 129 institutional investors held ShoreTel, Inc. (SHOR) as of Q4 2014, down from 137 in Q3 2014.
- Funds reported $395M of ShoreTel, Inc. stock for Q4 2014, up 11% quarter-over-quarter.
- 18 funds opened new ShoreTel, Inc. positions in Q4 2014 and 25 closed out, a net change of -7 holders.
- The largest ShoreTel, Inc. buyer in Q4 2014 was Commonwealth of Pennsylvania Public School Employees Retirement System, an estimated $6.85M added.
- The largest ShoreTel, Inc. seller in Q4 2014 was Castleark Management, an estimated $9.35M sold.
Based on aggregated 13F filings for Q4 2014.