ShoreTel, Inc.
SHOR
SHOR was delisted on the 22nd of September, 2017.
152 hedge funds and large institutions have $420M invested in ShoreTel, Inc. in 2016 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 35 increasing their positions, 72 reducing their positions, and 23 closing their positions.
1,056% more call options, than puts
Call options by funds: $3.22M | Put options by funds: $279K
17% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 23
2% more funds holding
Funds holding: 149 → 152 (+3)
10% less capital invested
Capital invested by funds: $469M → $420M (-$49M)
51% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 72
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$7.04M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$5.94M |
| 3 |
ICM
Ionic Capital Management
New York
|
+$5.77M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.24M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$6.64M |
| 2 |
CPA
Cowen Prime Advisors
New York
|
-$4.75M |
| 3 |
Goldman Sachs
New York
|
-$3.62M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.25M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$3.18M |
SHOR Hedge Fund Activity: Q4 2016 in Review
152 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in ShoreTel, Inc. (SHOR) for Q4 2016, worth a combined $420M — down 10% from $469M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SHOR positions and 23 closed out — a net gain of 4 holders — while 35 added to existing stakes and 72 trimmed.
The largest buyer was Cortina Asset Management, opening a new position worth an estimated $7.04M. The largest seller was Portolan Capital Management, exiting entirely with an estimated $6.64M sold.
- 152 institutional investors held ShoreTel, Inc. (SHOR) as of Q4 2016, up from 149 in Q3 2016.
- Funds reported $420M of ShoreTel, Inc. stock for Q4 2016, down 10% quarter-over-quarter.
- 27 funds opened new ShoreTel, Inc. positions in Q4 2016 and 23 closed out, a net change of +4 holders.
- The largest ShoreTel, Inc. buyer in Q4 2016 was Cortina Asset Management, an estimated $7.04M added.
- The largest ShoreTel, Inc. seller in Q4 2016 was Portolan Capital Management, an estimated $6.64M sold.
Based on aggregated 13F filings for Q4 2016.