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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, Q3 2025

Institutional positions in Shenandoah Telecommunications Co as of Sep 30, 2025. 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
162
−3 vs. Q2 2025
Shares held
39.4M
+936.5K (+2.4%) vs. Q2 2025
Total value
$528.9M
+$3.20M (+0.6%) vs. Q2 2025
New holders
18
51 more added
Sold out
21
60 more reduced

Compare with Q2 2025: 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 holdersQ3 2025: 162 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 heldQ3 2025: $528.9M
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, Q3 2025

Shares, value and share of portfolio for each institution holding Shenandoah Telecommunications Co; share changes are against Q2 2025.

Institutions holding SHEN in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Covestor Ltd15$00.00%+10+200.0%Added
SBI Securities Co., Ltd.1$130.00%+1New
MJT & Associates Financial Advisory Group, Inc.5$680.00%00.0%Unchanged
Quadrant Capital Group LLC14$1880.00%+14New
Annis Gardner Whiting Capital Advisors, LLC15$2020.00%00.0%Unchanged
Group One Trading, L.P.17$2280.00%+17New
Larson Financial Group LLC24$3220.00%−8−25.0%Reduced
Atlantic Trust, LLC24$3230.00%00.0%Unchanged
Farther Finance Advisors, LLC32$4290.00%+7+28.0%Added
Parkside Financial Bank & Trust42$5650.00%+10+31.3%Added
Allworth Financial LP69$9260.00%−1,307−95.0%Reduced
Rothschild Investment LLC70$9390.00%00.0%Unchanged
Bessemer Group Inc90$1.00K0.00%+90New
Hantz Financial Services, Inc.80$1.00K0.00%+80New
Wealthspire Advisors, LLC101$1.35K0.00%+101New
Signaturefd, LLC125$1.68K0.00%00.0%Unchanged
Federated Hermes, Inc.166$2.23K0.00%+166New
IFP Advisors, Inc185$2.48K0.00%+9+5.1%Added
Salomon & Ludwin, LLC189$2.61K0.00%+189New
Fifth Third Bancorp199$2.67K0.00%−79−28.4%Reduced
EverSource Wealth Advisors, LLC292$3.92K0.00%00.0%Unchanged
Rockefeller Capital Management L.P.349$4.68K0.00%+349New
Optiver Holding B.V.366$4.91K0.00%+366New
Hilltop National Bank400$5.37K0.00%+200+100.0%Added
Umb Bank N A409$5.49K0.00%+253+162.2%Added
Jones Financial Companies LLLP436$5.79K0.00%00.0%Unchanged
Parallel Advisors, LLC485$6.51K0.00%−15−3.0%Reduced
Private Wealth Asset Management, LLC544$7.30K0.00%00.0%Unchanged
Atlantic Union Bankshares Corp715$9.59K0.00%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.725$10.0K0.00%+210+40.8%Added
Caitlin John, LLC1,073$14.4K0.01%+1,073New
Simplex Trading, LLC1,128$15.0K0.00%−2,107−65.1%Reduced
SRS Capital Advisors, Inc.1,122$15.1K0.00%+580+107.0%Added
Public Employees Retirement System of Ohio1,701$22.8K0.00%−96−5.3%Reduced
Tower Research Capital LLC (TRC)1,728$23.2K0.00%−3,264−65.4%Reduced
Versant Capital Management, Inc1,785$24.0K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.1,952$25.9K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC2,364$31.7K0.00%+768+48.1%Added
Pinnacle Holdings, LLC2,915$39.1K0.01%−105−3.5%Reduced
Sterling Capital Management LLC3,504$47.0K0.00%+2,110+151.4%Added
Smartleaf Asset Management LLC3,594$47.8K0.00%+525+17.1%Added
Russell Investments Group, Ltd.4,243$56.9K0.00%+4,206+11,367.6%Added
State of Wyoming4,595$61.7K0.01%−134−2.8%Reduced
Ameritas Investment Partners, Inc.4,830$64.8K0.00%00.0%Unchanged
ISAM Funds (UK) Ltd5,011$67.2K0.01%+5,011New
US Bancorp5,501$73.8K0.00%−116−2.1%Reduced
Quantbot Technologies LP5,501$73.8K0.00%+3,802+223.8%Added
KLP Kapitalforvaltning AS8,000$107.4K0.00%00.0%Unchanged
Public Employees Retirement Association of Colorado8,730$117.0K0.00%00.0%Unchanged
SG Americas Securities, LLC9,858$132.0K0.00%+9,858New
Oregon Public Employees Retirement Fund10,310$138.4K0.00%−200−1.9%Reduced
Numerai GP LLC10,311$138.4K0.02%−26,241−71.8%Reduced
Jupiter Asset Management Ltd11,173$149.9K0.00%+11,173New
Zurcher Kantonalbank (Zurich Cantonalbank)11,177$150.0K0.00%00.0%Unchanged
Defined Financial Planning LLC10,958$150.9K0.13%−19,849−64.4%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys11,604$155.7K0.00%−227−1.9%Reduced
GAMMA Investing LLC11,733$157.5K0.01%−631−5.1%Reduced
State of Tennessee, Treasury Department12,359$165.9K0.00%00.0%Unchanged
BNP Paribas Arbitrage, SA12,828$172.2K0.00%+6,981+119.4%Added
New York State Common Retirement Fund13,010$174.6K0.00%00.0%Unchanged
Teachers Retirement System of the State of Kentucky13,222$178.0K0.00%−3,007−18.5%Reduced
Comerica Bank13,485$181.0K0.00%−1,981−12.8%Reduced
Amalgamated Bank13,660$183.0K0.00%+474+3.6%Added
Arizona State Retirement System13,787$185.0K0.00%+195+1.4%Added
Quest Partners LLC13,853$185.9K0.01%00.0%Unchanged
State Board of Administration of Florida Retirement System13,870$186.1K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey14,045$188.5K0.00%+2,631+23.1%Added
Yousif Capital Management, LLC14,194$190.5K0.00%−2,973−17.3%Reduced
Gsa Capital Partners LLP14,932$200.0K0.02%−13,201−46.9%Reduced
Steward Partners Investment Advisory, LLC15,000$201.3K0.00%+15,000New
Citigroup Inc16,068$215.6K0.00%−28,026−63.6%Reduced
Manufacturers Life Insurance Company, The17,371$233.1K0.00%−1,397−7.4%Reduced
Salvus Wealth Management, LLC18,629$250.0K0.14%−936−4.8%Reduced
Quantinno Capital Management LP18,775$252.0K0.00%+4,405+30.7%Added
Kestra Advisory Services, LLC19,892$267.0K0.00%00.0%Unchanged
Louisiana State Employees Retirement System20,900$280.5K0.00%−600−2.8%Reduced
Janus Henderson Group PLC20,897$280.5K0.00%00.0%Unchanged
Verition Fund Management LLC20,940$281.0K0.00%−31,254−59.9%Reduced
Ensign Peak Advisors, Inc21,032$282.2K0.00%−14,450−40.7%Reduced
Squarepoint Ops LLC21,061$282.6K0.00%+9,317+79.3%Added
Mirae Asset Global ETFs Holdings Ltd.23,877$320.4K0.00%−4,301−15.3%Reduced
Illinois Municipal Retirement Fund24,110$323.6K0.00%+1,782+8.0%Added
Graves-Light Private Wealth Management, Inc.24,462$328.3K0.04%−12,827−34.4%Reduced
State of Alaska, Department of Revenue24,604$329.0K0.00%−2,810−10.3%Reduced
Susquehanna International Group, LLP25,848$346.9K0.00%−45,621−63.8%Reduced
Caxton Associates LLP27,708$371.8K0.01%+27,708New
The PNC Financial Services Group, Inc.28,438$381.6K0.00%−1,743−5.8%Reduced
MetLife Investment Management28,712$385.3K0.00%−429−1.5%Reduced
BCJ Capital Management, LLC29,896$401.2K0.02%00.0%Unchanged
Janney Montgomery Scott LLC30,763$413.0K0.00%00.0%Unchanged
Thrivent Financial for Lutherans32,872$441.0K0.00%−1,011−3.0%Reduced
Capital Investment Advisory Services, LLC33,000$442.9K0.04%−6,000−15.4%Reduced
Fuller & Thaler Asset Management, Inc.33,860$454.4K0.00%−940−2.7%Reduced
Brevan Howard Capital Management LP34,009$456.4K0.01%+15,099+79.8%Added
Aquatic Capital Management LLC34,696$465.6K0.01%+8,319+31.5%Added
Cornerstone Advisory, LLC35,336$474.2K0.05%−3,210−8.3%Reduced
Visionary Wealth Advisors35,365$474.6K0.02%+7,205+25.6%Added
Royce & Associates LP36,519$490.1K0.00%+18,731+105.3%Added
Two Sigma Advisers, LP37,100$497.9K0.00%−1,700−4.4%Reduced
Beacon Investment Advisors LLC38,121$511.6K0.21%−1,558−3.9%Reduced