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Shenandoah Telecommunications Co

SHEN
Exchange
Nasdaq
Industry
Telephone Communications (No Radiotelephone)
SEC CIK
0000354963

In the last 90 days, Shenandoah Telecommunications Co insiders filed 2 open-market purchases and 0 sales; 184 institutions reported holding it in 13F filings for Q2 2026, worth $598.0M in total; Southeastern Asset Management (Longleaf) is the only superinvestor holding it.

13F holders, Q4 2023

Institutional positions in Shenandoah Telecommunications Co as of Dec 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
144
+15 vs. Q3 2023
Shares held
31.2M
+360.3K (+1.2%) vs. Q3 2023
Total value
$673.9M
+$39.1M (+6.2%) vs. Q3 2023
New holders
24
34 more added
Sold out
9
64 more reduced

2 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SHEN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2023: 144 institutions
Q1 2021: 150 institutionsQ2 2021: 152 institutionsQ3 2021: 141 institutionsQ4 2021: 158 institutionsQ1 2022: 156 institutionsQ2 2022: 152 institutionsQ3 2022: 138 institutionsQ4 2022: 137 institutionsQ1 2023: 127 institutionsQ2 2023: 126 institutionsQ3 2023: 131 institutionsQ4 2023: 144 institutionsQ1 2024: 145 institutionsQ2 2024: 143 institutionsQ3 2024: 156 institutionsQ4 2024: 157 institutionsQ1 2025: 164 institutionsQ2 2025: 165 institutionsQ3 2025: 162 institutionsQ4 2025: 161 institutionsQ1 2026: 170 institutionsQ2 2026: 184 institutions
Value heldQ4 2023: $673.9M
Q1 2021: $1.33BQ2 2021: $1.34BQ3 2021: $877.4MQ4 2021: $712.8MQ1 2022: $693.3MQ2 2022: $668.3MQ3 2022: $507.6MQ4 2022: $504.1MQ1 2023: $605.4MQ2 2023: $619.4MQ3 2023: $635.9MQ4 2023: $673.9MQ1 2024: $542.8MQ2 2024: $580.0MQ3 2024: $504.2MQ4 2024: $466.8MQ1 2025: $463.8MQ2 2025: $525.7MQ3 2025: $528.9MQ4 2025: $464.6MQ1 2026: $620.1MQ2 2026: $598.0M
Institutions holding SHEN and their total value by quarter
QuarterHoldersValue
Q2 2026184$598.0M
Q1 2026170$620.1M
Q4 2025161$464.6M
Q3 2025162$528.9M
Q2 2025165$525.7M
Q1 2025164$463.8M
Q4 2024157$466.8M
Q3 2024156$504.2M
Q2 2024143$580.0M
Q1 2024145$542.8M
Q4 2023144$673.9M
Q3 2023131$635.9M
Q2 2023126$619.4M
Q1 2023127$605.4M
Q4 2022137$504.1M
Q3 2022138$507.6M
Q2 2022152$668.3M
Q1 2022156$693.3M
Q4 2021158$712.8M
Q3 2021141$877.4M
Q2 2021152$1.34B
Q1 2021150$1.33B

Institutions, Q4 2023

Shares, value and share of portfolio for each institution holding Shenandoah Telecommunications Co; share changes are against Q3 2023.

Institutions holding SHEN in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.7,705,772$166.6M0.00%+46,104+0.6%Added
Vanguard Group Inc5,436,370$117.5M0.00%−51,492−0.9%Reduced
ECP ControlCo, LLC2,452,384$53.0M11.51%00.0%Unchanged
Dimensional Fund Advisors LP2,420,378$52.3M0.02%+46,227+1.9%Added
State Street Corp1,844,927$39.9M0.00%−43,002−2.3%Reduced
Geode Capital Management, LLC1,092,307$23.6M0.00%+50,953+4.9%Added
Broad Run Investment Management, LLC977,368$21.1M2.82%−36,126−3.6%Reduced
Davenport & Co LLC861,381$18.5M0.13%−13,662−1.6%Reduced
Charles Schwab Investment Management Inc751,915$16.3M0.00%+42,747+6.0%Added
Cerity Partners LLC630,207$13.6M0.05%−68,204−9.8%Reduced
Northern Trust Corp508,219$11.0M0.00%−6,972−1.4%Reduced
Bank of New York Mellon Corp485,915$10.5M0.00%−35,800−6.9%Reduced
Morgan Stanley424,409$9.18M0.00%+82,363+24.1%Added
Renaissance Technologies LLC419,571$9.07M0.01%+40,000+10.5%Added
American Century Companies Inc412,580$8.92M0.01%−32,425−7.3%Reduced
Norges Bank314,403$6.80M0.00%−33,454−9.6%Reduced
JPMorgan Chase & Co272,880$5.90M0.00%−21,222−7.2%Reduced
Principal Financial Group Inc261,829$5.66M0.00%−8,997−3.3%Reduced
Invesco Ltd.172,707$3.73M0.00%+18,166+11.8%Added
Goldman Sachs Group Inc151,233$3.27M0.00%+415+0.3%Added
Rhumbline Advisers151,216$3.27M0.00%−8,969−5.6%Reduced
Ameriprise Financial Inc148,061$3.20M0.00%−10,867−6.8%Reduced
Legal & General Group Plc142,495$3.08M0.00%−218−0.2%Reduced
Nuveen Asset Management, LLC136,473$2.95M0.00%+3,447+2.6%Added
Gabelli Funds LLC130,200$2.81M0.02%−13,300−9.3%Reduced
Adviser Investments LLC119,465$2.58M0.04%+119,465New
Public Sector Pension Investment Board104,307$2.26M0.02%+42,182+67.9%Added
Gamco Investors, Inc. Et Al104,000$2.25M0.02%−10,336−9.0%Reduced
Swiss National Bank94,072$2.03M0.00%−10,800−10.3%Reduced
Bank of America Corp81,561$1.76M0.00%+29,826+57.7%Added
Barclays PLC76,268$1.65M0.00%+53,046+228.4%Added
Credit Suisse AG72,317$1.56M0.00%+10,450+16.9%Added
Millennium Management LLC70,965$1.53M0.00%+27,173+62.1%Added
Creative Planning70,200$1.52M0.00%−571−0.8%Reduced
CWM, LLC68,699$1.49M0.01%−3,868−5.3%Reduced
New York State Teachers Retirement System68,636$1.48M0.00%−300−0.4%Reduced
UBS Asset Management Americas Inc66,827$1.44M0.00%+4,268+6.8%Added
Alliancebernstein L.P.64,867$1.40M0.00%+2,445+3.9%Added
Prudential Financial Inc57,524$1.24M0.00%−1,207−2.1%Reduced
California State Teachers Retirement System50,513$1.09M0.00%−2,409−4.6%Reduced
Beacon Investment Advisors LLC44,901$970.8K0.62%−4,313−8.8%Reduced
Thrivent Financial for Lutherans44,789$968.0K0.00%−1,192−2.6%Reduced
Texas Permanent School Fund43,421$938.8K0.01%+732+1.7%Added
UBS Group AG43,398$938.3K0.00%+32,267+289.9%Added
Acorn Financial Advisory Services Inc43,220$934.0K0.16%00.0%Unchanged
Great West Life Assurance Co40,859$881.0K0.00%00.0%Unchanged
Price T Rowe Associates Inc40,295$872.0K0.00%+2,625+7.0%Added
LPL Financial LLC39,140$846.2K0.00%−4,326−10.0%Reduced
The PNC Financial Services Group, Inc.37,978$821.1K0.00%−866−2.2%Reduced
Graves-Light Private Wealth Management, Inc.37,611$813.1K0.10%−300−0.8%Reduced
Royal Bank of Canada36,689$793.0K0.00%+6,980+23.5%Added
Campbell & CO Investment Adviser LLC35,357$764.4K0.07%+19,211+119.0%Added
Pathstone Holdings, LLC35,288$762.9K0.00%+35,288New
STRS Ohio32,900$711.0K0.00%−1,000−2.9%Reduced
Ensign Peak Advisors, Inc32,230$696.8K0.00%00.0%Unchanged
Illinois Municipal Retirement Fund31,115$673.0K0.01%−402−1.3%Reduced
State of Alaska, Department of Revenue30,923$668.0K0.01%−372−1.2%Reduced
PAX Financial Group, LLC33,702$666.6K0.14%−1,113−3.2%Reduced
Janney Montgomery Scott LLC30,763$665.0K0.00%00.0%Unchanged
Citigroup Inc30,282$654.7K0.00%+10,560+53.5%Added
BCJ Capital Management, LLC29,896$646.4K0.06%−2,000−6.3%Reduced
SEI Investments Co27,512$594.8K0.00%+27,512New
Susquehanna International Group, LLP27,164$587.3K0.00%−1,379−4.8%Reduced
American International Group, Inc.26,521$573.4K0.00%−226−0.8%Reduced
Visionary Wealth Advisors26,390$570.6K0.04%−1,985−7.0%Reduced
MetLife Investment Management26,071$563.7K0.00%00.0%Unchanged
Deutsche Bank AG25,524$551.8K0.00%−580−2.2%Reduced
Louisiana State Employees Retirement System25,100$542.7K0.01%−500−2.0%Reduced
Yousif Capital Management, LLC24,817$536.5K0.01%−135−0.5%Reduced
Jane Street Group, LLC23,672$511.8K0.00%+7,027+42.2%Added
Comerica Bank22,940$496.0K0.00%−80−0.3%Reduced
Corton Capital Inc.22,692$490.6K0.16%−1,189−5.0%Reduced
Ronald Blue Trust, Inc.23,589$486.0K0.01%00.0%Unchanged
Mirae Asset Global Investments Co., Ltd.21,869$472.8K0.00%+1,219+5.9%Added
Janus Henderson Group PLC21,133$456.4K0.00%−36−0.2%Reduced
Salvus Wealth Management, LLC20,711$447.8K0.32%−120−0.6%Reduced
HRT Financial LP20,712$447.0K0.00%−17,253−45.4%Reduced
ExodusPoint Capital Management, LP20,679$447.0K0.01%+20,679New
Voya Investment Management LLC19,550$422.7K0.00%−261−1.3%Reduced
Wells Fargo & Company19,268$416.6K0.00%+3,343+21.0%Added
New York State Common Retirement Fund19,000$410.8K0.00%−512−2.6%Reduced
Manufacturers Life Insurance Company, The18,959$409.9K0.00%−374−1.9%Reduced
Amalgamated Bank18,892$408.0K0.00%−498−2.6%Reduced
Maryland State Retirement & Pension System18,514$400.3K0.01%00.0%Unchanged
Mariner, LLC18,197$393.4K0.00%−639−3.4%Reduced
CWM Advisors, LLC17,791$384.6K0.04%+2,872+19.3%Added
Franklin Resources Inc17,597$380.4K0.00%+17,597New
Kestra Advisory Services, LLC17,280$373.6K0.00%00.0%Unchanged
State of Tennessee, Treasury Department17,023$368.0K0.00%00.0%Unchanged
Teachers Retirement System of the State of Kentucky16,229$351.0K0.00%00.0%Unchanged
AE Wealth Management LLC16,485$344.2K0.00%+16,485New
Tower Research Capital LLC (TRC)14,836$320.8K0.00%+11,623+361.7%Added
Oregon Public Employees Retirement Fund14,710$318.0K0.01%−200−1.3%Reduced
PDT Partners, LLC14,686$317.5K0.04%−60.0%Reduced
Winton Group Ltd14,280$308.7K0.02%+14,280New
State Board of Administration of Florida Retirement System14,049$303.7K0.00%+179+1.3%Added
BNP Paribas Arbitrage, SA13,837$299.2K0.00%−7,233−34.3%Reduced
Arizona State Retirement System13,349$288.6K0.00%−242−1.8%Reduced
Squarepoint Ops LLC13,205$285.5K0.00%+13,205New
Zurcher Kantonalbank (Zurich Cantonalbank)12,944$279.8K0.00%+1,899+17.2%Added