ShoreTel, Inc.
SHOR
SHOR was delisted on the 22nd of September, 2017.
149 hedge funds and large institutions have $469M invested in ShoreTel, Inc. in 2016 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 53 increasing their positions, 50 reducing their positions, and 9 closing their positions.
244% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 9
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
17% more funds holding
Funds holding: 127 → 149 (+22)
15% more capital invested
Capital invested by funds: $408M → $469M (+$60.3M)
6% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEPM
Vista Equity Partners Management
San Francisco,
California
|
+$6.8M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$5.45M |
| 3 |
Millennium Management
New York
|
+$5.42M |
| 4 |
Renaissance Technologies
New York
|
+$4.77M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$4.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$25.5M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$18.8M |
| 3 |
RC
RGM Capital
Naples,
Florida
|
-$13.8M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$7.78M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$2.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Wolverine Trading
Chicago,
Illinois
| – | -$100K | -15,533 | Closed |
|
152
Tudor Investment Corp
Stamford,
Connecticut
| – | -$74K | -11,000 | Closed |
|
153
Teacher Retirement System of Texas
Austin,
Texas
| – | -$61K | -9,184 | Closed |
|
|
MCM
154
McKinley Capital Management
Anchorage,
Alaska
| – | -$4K | -530 | Closed |
|
155
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -234 | Closed |
|
156
Simplex Trading
Chicago,
Illinois
| – | -$1.4K | -179 | Closed |
|
157
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$70 | +9 | New |
|
SHOR Hedge Fund Activity: Q3 2016 in Review
149 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ShoreTel, Inc. (SHOR) for Q3 2016, worth a combined $469M — up 15% from $408M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SHOR positions and 9 closed out — a net gain of 22 holders — while 53 added to existing stakes and 50 trimmed.
The largest buyer was Vista Equity Partners Management, adding an estimated $6.8M. The largest seller was Credit Suisse, cutting an estimated $25.5M.
- 149 institutional investors held ShoreTel, Inc. (SHOR) as of Q3 2016, up from 127 in Q2 2016.
- Funds reported $469M of ShoreTel, Inc. stock for Q3 2016, up 15% quarter-over-quarter.
- 31 funds opened new ShoreTel, Inc. positions in Q3 2016 and 9 closed out, a net change of +22 holders.
- The largest ShoreTel, Inc. buyer in Q3 2016 was Vista Equity Partners Management, an estimated $6.8M added.
- The largest ShoreTel, Inc. seller in Q3 2016 was Credit Suisse, an estimated $25.5M sold.
Based on aggregated 13F filings for Q3 2016.