ShoreTel, Inc.
SHOR
SHOR was delisted on the 22nd of September, 2017.
108 hedge funds and large institutions have $252M invested in ShoreTel, Inc. in 2013 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 47 increasing their positions, 17 reducing their positions, and 8 closing their positions.
325% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 8
176% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 17
66% more capital invested
Capital invested by funds: $152M → $252M (+$99.7M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
32% more funds holding
Funds holding: 82 → 108 (+26)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$7.96M |
| 2 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$5.94M |
| 3 |
WSA
Wall Street Associates
Lajolla,
California
|
+$3.77M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$3.5M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$3.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LBH
Lehman Brothers Holdings
New York
|
-$19.3M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$8.63M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$2.08M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$1.67M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$1.3M |
SHOR Hedge Fund Activity: Q3 2013 in Review
108 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in ShoreTel, Inc. (SHOR) for Q3 2013, worth a combined $252M — up 66% from $152M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SHOR positions and 8 closed out — a net gain of 26 holders — while 47 added to existing stakes and 17 trimmed.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $7.96M. The largest seller was Lehman Brothers Holdings, cutting an estimated $19.3M.
- 108 institutional investors held ShoreTel, Inc. (SHOR) as of Q3 2013, up from 82 in Q2 2013.
- Funds reported $252M of ShoreTel, Inc. stock for Q3 2013, up 66% quarter-over-quarter.
- 34 funds opened new ShoreTel, Inc. positions in Q3 2013 and 8 closed out, a net change of +26 holders.
- The largest ShoreTel, Inc. buyer in Q3 2013 was Park West Asset Management, an estimated $7.96M added.
- The largest ShoreTel, Inc. seller in Q3 2013 was Lehman Brothers Holdings, an estimated $19.3M sold.
Based on aggregated 13F filings for Q3 2013.