ShoreTel, Inc.
SHOR
SHOR was delisted on the 22nd of September, 2017.
127 hedge funds and large institutions have $408M invested in ShoreTel, Inc. in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 47 increasing their positions, 46 reducing their positions, and 25 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
2% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 46
6% less funds holding
Funds holding: 135 → 127 (-8)
8% less capital invested
Capital invested by funds: $444M → $408M (-$35.6M)
28% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$11.3M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$7.63M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$5.35M |
| 4 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$3.78M |
| 5 |
DM
Diker Management
New York
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$15.1M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$5.26M |
| 3 |
PC
Pier Capital
Stamford,
Connecticut
|
-$4.76M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.51M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$2.79M |
SHOR Hedge Fund Activity: Q2 2016 in Review
127 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ShoreTel, Inc. (SHOR) for Q2 2016, worth a combined $408M — down 8% from $444M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of SHOR and 18 opened new positions — a net loss of 7 holders — while 46 trimmed existing stakes and 47 added.
The largest buyer was Credit Suisse, adding an estimated $11.3M. The largest seller was Numeric Investors, cutting an estimated $15.1M.
- 127 institutional investors held ShoreTel, Inc. (SHOR) as of Q2 2016, down from 135 in Q1 2016.
- Funds reported $408M of ShoreTel, Inc. stock for Q2 2016, down 8% quarter-over-quarter.
- 18 funds opened new ShoreTel, Inc. positions in Q2 2016 and 25 closed out, a net change of -7 holders.
- The largest ShoreTel, Inc. buyer in Q2 2016 was Credit Suisse, an estimated $11.3M added.
- The largest ShoreTel, Inc. seller in Q2 2016 was Numeric Investors, an estimated $15.1M sold.
Based on aggregated 13F filings for Q2 2016.