Shenandoah Telecommunications Company (SHEN) Institutional Ownership

Based on Q1 2026 13F filings, institutional ownership of Shenandoah Telecommunications Company stands at 67.3%, held across 167 reporting institutions.

BlackRock, Inc. is the largest reported institutional holder of SHEN, with approximately 6,977,716 shares worth $0.11B as of Q1 2026.

Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of SHEN, including MILLENNIUM MANAGEMENT LLC, TWO SIGMA INVESTMENTS, LP.

Our composite Smart Money Score for SHEN is 67 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.

29 institutions opened new positions in SHEN during Q1 2026, while 22 fully exited. 124 added to existing positions and 12 trimmed.

SHEN institutional ownership rose by 16.97 percentage points quarter-over-quarter, with a net change of +7 holders.

The top 10 institutions account for 69.8% of all reported 13F value in SHEN, and the top 25 account for 90.2%.

All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.