SHEN in the 13F filings

Shenandoah Telecommunication · CUSIP 82312B106

Quarter

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023

Quarter end: 31 Mar 2026; the date the book describes
Filed: 18 May 2026; latest of these filings; the earliest 12 May 2026
Managers listing it: 16; at least, of 95 tracked, among listed positions
Comparable managers: 91; filed both Q4 2025 and Q1 2026; 2 listed it in both
Shares listed: 5,846,818; combined, among listed positions
Reported value: $90m; combined, at the quarter end

AllianceBernstein LP. Values in this filing are at the previous quarter end's prices; its share count is the quarter end's.

Among the 91 comparable managers: 9 buyers (opened or added shares) and 9 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -198,359.

Managers listing SHEN in Q1 2026

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

ActionShare of book at least

16 of 16 holders

				Action		Filing
Southeastern Asset Management Inc	2,940,296	$45m	2.23%	Held	0	15 May 2026 (the filing on sec.gov)
Millennium Management LLC	1,193,209	$18m	under 0.1%	Added	+105,963	15 May 2026 (the filing on sec.gov)
Invesco Ltd	580,767	$9.0m	under 0.1%	Trimmed	-26,850	12 May 2026 (the filing on sec.gov)
Two Sigma Investments LP	310,174	$4.8m	under 0.1%	Added	+57,995	15 May 2026 (the filing on sec.gov)
GAMCO Investors Inc	270,000	$4.2m	under 0.1%	Added	+6,874	14 May 2026 (the filing on sec.gov)
Citadel Advisors LLC	106,286	$1.6m	under 0.1%	Added	+64,204	15 May 2026 (the filing on sec.gov)
Squarepoint Ops LLC	103,618	$1.6m	under 0.1%	Trimmed	-21,954	15 May 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc	77,838	$1.2m	under 0.1%	Added	+9,712	15 May 2026 (the filing on sec.gov)
Fidelity (FMR LLC)	69,060	$1.1m	under 0.1%	Trimmed	-220,280	15 May 2026 (the filing on sec.gov)
Renaissance Technologies LLC	63,800	$984k	under 0.1%	Trimmed	-1,300	14 May 2026 (the filing on sec.gov)
AllianceBernstein LP	43,086	$498k	under 0.1%	Trimmed	-17,000	15 May 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP	25,561	$394k	under 0.1%	Added	+2,928	15 May 2026 (the filing on sec.gov)
Janus Henderson Group Ltd	20,897	$323k	under 0.1%	Held	0	18 May 2026 (the filing on sec.gov)
Susquehanna International Group LLP	20,380	$314k	under 0.1%	Added	+2,413	15 May 2026 (the filing on sec.gov)
Balyasny Asset Management LLC	18,008	$278k	under 0.1%	New	new	15 May 2026 (the filing on sec.gov)
Acadian Asset Management LLC	3,838	$59k	under 0.1%	New	new	13 May 2026 (the filing on sec.gov)

Largest increases and reductions, by shares

Q4 2025 to Q1 2026, among managers that listed it in both quarters or opened it.

Increases

Millennium Management LLCexisting position · 1,193,209 shares now+105,963
Citadel Advisors LLCexisting position · 106,286 shares now+64,204
Two Sigma Investments LPexisting position · 310,174 shares now+57,995
Balyasny Asset Management LLCnew position · 18,008 shares now+18,008
T. Rowe Price Associates Incexisting position · 77,838 shares now+9,712

Reductions

Fidelity (FMR LLC)existing position · 69,060 shares now-220,280
Invesco Ltdexisting position · 580,767 shares now-26,850
Squarepoint Ops LLCexisting position · 103,618 shares now-21,954
AllianceBernstein LPexisting position · 43,086 shares now-17,000
Renaissance Technologies LLCexisting position · 63,800 shares now-1,300

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (2)

Exited (4)

ExodusPoint Capital Management LPwas $887k
Jane Street Group LLCwas $818k
Verition Fund Management LLCwas $242k
Caxton Associates LLPwas $168k

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.

1 in Q3 2024 to 2 in Q2 2026

Tracked managers listing it, at least.

the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.

SHEN by quarter
Quarter	Holders	Reported value	Buyers	Sellers
Q1 2014	1	$2.7m	n.a.	n.a.
Q4 2014	1	$2.6m	n.a.	n.a.
Q2 2015	1	$2.9m	n.a.	n.a.
Q3 2015	2	$9.2m	n.a.	n.a.
Q4 2015	3	$34m	n.a.	n.a.
Q1 2016	3	$12m	n.a.	n.a.
Q2 2016	3	$52m	n.a.	n.a.
Q3 2016	2	$38m	n.a.	n.a.
Q4 2016	1	$4.3m	n.a.	n.a.
Q1 2017	1	$4.4m	n.a.	n.a.
Q2 2017	1	$4.7m	n.a.	n.a.
Q3 2017	1	$5.6m	n.a.	n.a.
Q4 2017	1	$4.8m	n.a.	n.a.
Q1 2018	2	$6.7m	n.a.	n.a.
Q2 2018	1	$4.6m	n.a.	n.a.
Q3 2018	2	$52m	n.a.	n.a.
Q4 2018	2	$67m	n.a.	n.a.
Q1 2019	3	$73m	n.a.	n.a.
Q2 2019	3	$67m	n.a.	n.a.
Q3 2019	2	$4.0m	n.a.	n.a.
Q4 2019	2	$70m	n.a.	n.a.
Q1 2020	3	$92m	n.a.	n.a.
Q2 2020	2	$87m	n.a.	n.a.
Q3 2020	2	$77m	n.a.	n.a.
Q4 2020	2	$71m	n.a.	n.a.
Q1 2021	2	$67m	n.a.	n.a.
Q2 2021	2	$58m	n.a.	n.a.
Q3 2021	2	$3.6m	n.a.	n.a.
Q4 2021	2	$3.0m	n.a.	n.a.
Q1 2022	1	$2.6m	n.a.	n.a.
Q2 2022	1	$2.5m	n.a.	n.a.
Q3 2022	1	$1.9m	n.a.	n.a.
Q4 2022	1	$1.8m	n.a.	n.a.
Q1 2023	2	$2.5m	n.a.	n.a.
Q2 2023	2	$2.5m	n.a.	n.a.
Q3 2023	2	$2.7m	n.a.	n.a.
Q4 2023	2	$2.6m	0	2
Q1 2024	2	$1.2m	2	0
Q2 2024	2	$3.0m	2	0
Q3 2024	1	$2.2m	1	0
Q4 2024	1	$2.8m	1	0
Q1 2025	2	$15m	2	0
Q2 2025	2	$35m	2	0
Q3 2025	2	$36m	1	0
Q4 2025	2	$37m	9	8
Q1 2026	2	$50m	9	9
Q2 2026	2	$44m	8	9

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

SHEN and NFLX →SHEN and TMUS →SHEN and CMCSA →Choose a stock to compare with SHEN →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own SHEN, latest filings →Back to the 13F Explorer →

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