Shore Bancshares

SHBI • NASDAQ

Shore Bancshares is a banks - regional company in the financial services sector on NASDAQ, with a market cap of $626.8M. As of Q3 2025, 63% of shares are held by 150 institutional investors, with BlackRock, Inc. as the largest holder at 8.91%.

Market Cap$626.8M

Banks - Regional

Financial Services

Employees481.0

Websiteshorebancshares.com

Country

United States of America

Overview

Overview of institutional ownership in SHBI as of Q3 2025 with a market cap of $548.4M

All Institutions

Institutions: 150
Value Held: $343.3M
Shares Held: 20.9M
Avg Position: $2.3M
Median Position: $399.2K

Hedge Funds

Hedge Funds: 19
Value Held: $47.1M
Shares Held: 2.9M
Avg Position: $2.5M
Median Position: $1.0M

Ownership Breakdown

Institutional (non-HF)

54.02%

$296.2M

Hedge Funds

8.59%

$47.1M

Retail & Other

37.39%

$205.0M

Based on market cap of $548.4M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in SHBI as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$48.8M 0.00% of portfolio	8.91% 3.0M shares	Q2 2016 Held for 9y 5m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$29.2M 0.00% of portfolio	5.33% 1.8M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$26.4M 0.01% of portfolio	4.82% 1.6M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$17.5M 0.00% of portfolio	3.19% 1.1M shares	Q3 2021 Held for 4y 2m	$571.21B
M MANUFACTURERES LIFE INSURANCE CO Institution	-	$15.1M 0.01% of portfolio	2.76% 922.7K shares	Q4 2013 Held for 11y 11m	$120.17B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$13.4M 0.00% of portfolio	2.44% 817.0K shares	Q2 2016 Held for 9y 5m	$2.88T
A AMERICAN CENTURY COMPANIES INC Institution	-	$12.9M 0.01% of portfolio	2.35% 785.5K shares	Q4 2021 Held for 3y 11m	$195.93B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$12.4M 0.00% of portfolio	2.25% 753.1K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
Fourthstone LLC Hedge Fund•Long/Short	Amy Morris Stone CEO	$9.3M 1.67% of portfolio	1.70% 568.2K shares	Q4 2019 Held for 5y 11m	$557.6M
Union Bankshares Corp Institution	Maria Tedesco CEO	$8.7M 0.16% of portfolio	1.58% 527.2K shares	Q2 2025 Held for 5 months	$5.3B

Net Capital Flow

Institutional buying and selling activity for SHBI in Q3 2025

Traded: +$12.1M
Buyers: 86
Sellers: 59
Total Bought: +$31.3M
Total Sold: −$19.2M
Avg Position: $2.0M

Biggest Buyers

Institution	Net Bought	Current Position
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$2.9M +175.3K shares	$17.5M 1.1M shares
STATE STREET CORP Institution	+$2.8M +173.0K shares	$13.4M 817.0K shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	+$2.4M +149.0K shares	$6.3M 386.9K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$1.9M +114.5K shares	$6.4M 387.6K shares
A AMERICAN CENTURY COMPANIES INC Institution	+$1.7M +102.6K shares	$12.9M 785.5K shares
L LSV ASSET MANAGEMENT Long Only Manager	+$1.5M +90.9K shares	$2.0M 119.0K shares
N Nuveen, LLC Institution	+$1.2M +72.8K shares	$5.2M 319.7K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$1.1M +64.2K shares	$26.4M 1.6M shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	+$1.0M +63.3K shares	$2.7M 162.4K shares
A Assenagon Asset Management S.A. Institution	+$955.0K +58.2K shares	$955.0K 58.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$2.8M −169.1K shares	$48.8M 3.0M shares
M MENDON CAPITAL ADVISORS CORP Hedge Fund•Sector	−$1.3M −79.9K shares	$2.5M 155.3K shares
M Man Group plc Institution	−$1.3M −78.3K shares	$297.8K 18.2K shares
S Squarepoint Ops LLC Hedge Fund•Quant	−$1.1M −71.7K shares	Sold Off 0 shares
B BANC FUNDS CO LLC Institution	−$1.0M −63.9K shares	$3.9M 239.9K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$896.1K −57.0K shares	Sold Off 0 shares
H HSBC HOLDINGS PLC Institution	−$855.2K −54.7K shares	Sold Off 0 shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	−$838.0K −53.3K shares	Sold Off 0 shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	−$836.9K −51.0K shares	$4.8M 291.3K shares
Trexquant Investment LP Hedge Fund•Quant	−$763.1K −46.5K shares	$527.2K 32.1K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited SHBI in Q3 2025

New Positions: 11
New Value: $1.8M
Exited Positions: 17
Exited Value: $6.4M

New Positions

Institution	Position Value
SRS Capital Advisors, Inc. RIA/Wealth	$428.8K 26.1K shares
R Rafferty Asset Management, LLC Institution	$391.5K 23.9K shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	$274.6K 16.7K shares
Ashton Thomas Private Wealth, LLC RIA/Wealth	$239.8K 14.6K shares
Savant Capital, LLC RIA/Wealth	$167.7K 10.2K shares
Sontag Advisory, LLC RIA/Wealth	$141.3K 8.6K shares
FINANCIAL CONSULATE, INC RIA/Wealth	$71.5K 4.4K shares
Rockefeller Capital Management L.P. Long Only Manager	$46.1K 2.8K shares
S State of Alaska, Department of Revenue Institution	$22.1K 1.3K shares
Q Quarry LP Institution	$17.3K 1.1K shares

Exited Positions

Institution	Previous Position
S Squarepoint Ops LLC Hedge Fund•Quant	$1.1M 71.7K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$896.1K 57.0K shares
H HSBC HOLDINGS PLC Institution	$855.2K 54.7K shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	$838.0K 53.3K shares
PRINCIPAL FINANCIAL GROUP INC Institution	$609.6K 38.8K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$601.0K 38.2K shares
J Jump Financial, LLC Institution	$413.4K 26.3K shares
STONERIDGE INVESTMENT PARTNERS LLC Long Only Manager	$299.8K 19.1K shares
Black Maple Capital Management LP Hedge Fund•Multi-Strategy	$237.4K 15.1K shares
Y Y-Intercept Ltd Institution	$219.8K 14.0K shares

Options Activity

Institutions with the largest Call and Put options positions in SHBI as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with SHBI as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Siena Capital Management, LLC Hedge Fund•Sector	Daniel Kanter President	1.92% $3.2M	0.58% 195.3K shares	Q1 2023 Held for 2y 8m	$167.0M
Fourthstone LLC Hedge Fund•Long/Short	Amy Morris Stone CEO	1.67% $9.3M	1.70% 568.2K shares	Q4 2019 Held for 5y 11m	$557.6M
P Petiole USA ltd Institution	-	1.67% $2.4M	0.44% 147.5K shares	Q4 2021 Held for 3y 11m	$144.8M
CORBYN INVESTMENT MANAGEMENT INC/MD Long Only Manager	William Earle White President	1.16% $2.5M	0.46% 155.2K shares	≤ Q2 2013 Held for 12y 5m+	$220.0M
M MENDON CAPITAL ADVISORS CORP Hedge Fund•Sector	Anton Villars Schutz President	1.15% $2.5M	0.46% 155.3K shares	Q4 2023 Held for 1y 11m	$221.8M
B BANC FUNDS CO LLC Institution	-	0.96% $3.9M	0.72% 239.9K shares	Q2 2014 Held for 11y 5m	$411.3M
Ategra Capital Management, LLC Hedge Fund•Sector	Jacques [Nmn] Rebibo Chairman	0.66% $934.4K	0.17% 56.9K shares	Q2 2025 Held for 5 months	$140.8M
HoldCo Asset Management, L.P. Hedge Fund•Multi-Strategy	Vikaran "Nmn" Ghei Managing Partner	0.48% $4.6M	0.83% 278.1K shares	Q2 2025 Held for 5 months	$947.6M
CUSTOM INDEX SYSTEMS, LLC RIA/Wealth	Sidney Wilbert Vanloh CEO	0.39% $1.3M	0.24% 79.2K shares	Q1 2025 Held for 8 months	$337.3M
Hoxton Planning & Management, LLC RIA/Wealth	Archibald Robinson Hoxton Partner	0.36% $1.1M	0.20% 68.4K shares	Q1 2025 Held for 8 months	$308.7M

Hedge Fund Spotlight

Discover hedge funds investing in SHBI

Fourthstone LLC

Hedge Fund • Long/Short

Portfolio ManagerAmy Morris Stone

Portfolio Value: $557.6M
Positions: 83
Last Reported: Q3 2025

Sector Allocation

Position in Shore Bancshares

Market Value: $9.3M
Shares Held: 568.2K
Portfolio Weight: 1.67%
Owned Since: 2019-Q4

Top Holding	Sector	Market Value	Weight
1 Orrstown Financial Services ORRF	Banks - Regional Financial Services	$49.4M	8.85%
2 ChoiceOne Financial COFS	Banks - Regional Financial Services	$31.7M	5.68%
3 Community West Bancshares CWBC	Banks - Regional Financial Services	$30.5M	5.47%