Shenandoah Telecommunications Company (SHEN) Ownership

NASDAQ: SHENTop holders, insider trades and short interest.

SHEN ownership summary

as of October 18, 2026
Institutions
72.4%
of shares outstanding
Insiders
4.98%
of shares outstanding
Shares outstanding
55.4M
Float
45.0M
shares available to trade
Short interest
6.13%
2.6M shares short
Days to cover
2.37
short interest down 21.6% vs prior month
  • Institutions 72.35%
  • Insiders 4.98%
  • Other investors 22.67%

SHEN top institutional holders

20 largest
Shenandoah Telecommunications Company top institutional holders
#Holder% of sharesSharesValueChangeReported
1BlackRock Inc12.80%7.1M$73.0M+111,628 (+1.6%)June 30, 2026
2GCM Grosvenor Holdings, LLC7.43%4.1M$42.4M—June 30, 2026
3ECP ControlCo, LLC6.24%3.5M$35.6M—June 30, 2026
4Southeastern Asset Management Inc4.73%2.6M$27.0M−323,499 (−11.0%)June 30, 2026
5Dimensional Fund Advisors, Inc.4.72%2.6M$26.9M+142,761 (+5.8%)June 30, 2026
6State Street Corp3.88%2.1M$22.1M+190,114 (+9.7%)June 30, 2026
7Vanguard Capital Management, LLC3.72%2.1M$21.2M−120,143 (−5.5%)June 30, 2026
8American Century Companies Inc2.59%1.4M$14.8M+254,525 (+21.6%)June 30, 2026
9Geode Capital Management, LLC2.35%1.3M$13.4M+44,447 (+3.5%)June 30, 2026
10Cooper Investors Pty Limited1.68%930K$9.6M−7,189 (−0.8%)June 30, 2026
11Vanguard Portfolio Management, LLC1.65%913K$9.4M+31,018 (+3.5%)June 30, 2026
12Millennium Management LLC1.32%731K$7.5M−461,783 (−38.7%)June 30, 2026
13Charles Schwab Investment Management Inc1.30%718K$7.4M−69,280 (−8.8%)June 30, 2026
14Broad Run Investment Management, LLC1.19%659K$6.8M−219,697 (−25.0%)June 30, 2026
15HPM Partners LLC1.17%647K$6.7M+3,237 (+0.5%)June 30, 2026
16Royce & Associates, LP1.16%643K$6.6M+606,574 (+1,661.0%)June 30, 2026
17Northern Trust Corp0.93%514K$5.3M+27,070 (+5.6%)June 30, 2026
18Bridgeway Capital Management, LLC0.71%394K$4.1M+15,888 (+4.2%)June 30, 2026
19Morgan Stanley - Brokerage Accounts0.60%334K$3.4M−59,627 (−15.1%)June 30, 2026
20Vanguard Fiduciary Trust Co0.55%303K$3.1M−561 (−0.2%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 10 holders added 1.4M shares and 8 cut 1.3M.

SHEN top mutual fund and ETF holders

20 largest
Shenandoah Telecommunications Company top fund holders
#Holder% of sharesSharesValueChangeReported
1Longleaf Partners Small-Cap4.72%2.6M$26.9M−323,287 (−11.0%)June 30, 2026
2Vanguard MStar Total Stk Mkt Idx Invest2.66%1.5M$15.2M—August 31, 2026
3iShares Russell 2000 ETF2.31%1.3M$13.2M−14,720 (−1.1%)September 30, 2026
4Avantis US Small Cap Value ETF2.11%1.2M$12.0M—September 30, 2026
5DFA US Small Cap Value I1.21%669K$6.9M+72,258 (+12.1%)August 31, 2026
6Fidelity Small Cap Index1.00%553K$5.7M+6,736 (+1.2%)July 31, 2026
7Hennessy Focus Investor0.93%515K$5.3M−128,300 (−20.0%)September 30, 2026
8iShares Russell 2000 Value ETF0.85%470K$4.8M+712 (+0.2%)September 30, 2026
9State Street® SPDR® S&P® Telecom ETF0.67%369K$3.8M+3,515 (+1.0%)September 30, 2026
10FTGF RY US SmCp Opp A USD Dis(A)0.63%351K$3.6M+4,485 (+1.3%)August 31, 2026
11Royce Small-Cap Opportunity Invmt0.58%320K$3.3M+17,120 (+5.7%)September 30, 2026
12Dimensional US Small Cap Value ETF0.57%316K$3.3M—September 24, 2026
13Vanguard Russell 2000 ETF0.53%293K$3.0M+2,978 (+1.0%)September 30, 2026
14EA Bridgeway Omni Small-Cap Value ETF0.49%274K$2.8M—September 30, 2026
151290 VT GAMCO Small Company Value IB0.49%270K$2.8M—August 31, 2026
16Dimensional US Targeted Value ETF0.44%246K$2.5M—September 30, 2026
17DFA US Targeted Value I0.44%245K$2.5M+22,590 (+10.2%)August 31, 2026
18DFA US Small Cap I0.44%242K$2.5M—August 31, 2026
19Schwab US Small-Cap ETF™0.42%234K$2.4M+153 (+0.1%)September 30, 2026
20Fidelity Extended Market Index0.41%229K$2.4M−6,229 (−2.6%)August 31, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

SHEN insider transactions

latest 20
Shenandoah Telecommunications Company insider transactions
DateNameTransactionPriceSharesValue
2025-09-11Ecp Fiber Holdings Gp, LlcBuy$13.341,803$24,052
2025-09-10Ecp Fiber Holdings Gp, LlcBuy$13.2913,541$179,960
2025-09-09Ecp Controlco, LlcBuy$13.39362$4,847
2025-09-08Ecp Controlco, LlcBuy$13.46147$1,979
2025-09-05Ecp Controlco, LlcBuy$13.453,000$40,350
2025-09-04Ecp Controlco, LlcBuy$12.962,068$26,801
2025-08-29Ecp Controlco, LlcBuy$13.2512,000$159,000
2025-08-28Ecp Controlco, LlcBuy$13.2614,358$190,387
2025-08-28Ecp Controlco, LlcBuy$13.2614,358$190,387
2025-08-25Ecp Fiber Holdings Gp, LlcBuy$13.101,500$19,650
2025-08-22Ecp Fiber Holdings Gp, LlcBuy$13.094,000$52,360
2025-08-19Ecp Fiber Holdings Gp, LlcBuy$12.5410,560$132,422
2025-08-18Ecp Fiber Holdings Gp, LlcBuy$12.5220,047$250,988
2025-08-13Ecp Fiber Holdings Gp, LlcBuy$12.871,473$18,958
2025-08-11Christopher E FrenchBuy$11.8316,800$198,744
2025-08-11Ecp Controlco, LlcBuy$11.8830,000$356,400
2025-08-08Ecp Controlco, LlcBuy$12.5230,000$375,600
2025-08-07Ecp Fiber Holdings Gp, LlcBuy$12.7125,104$319,072
2025-08-06Ecp Fiber Holdings Gp, LlcBuy$13.0122,085$287,326
2025-08-05Ecp Fiber Holdings Gp, LlcBuy$13.1226,117$342,655

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

SHEN shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns SHEN

Institutional investors own 72.4% of Shenandoah Telecommunications's shares and insiders 4.98%. The largest holder is BlackRock Inc with 12.80% of the shares (7.1M), as of June 30, 2026. Among the top 20 institutions, 10 added shares and 8 reduced their stake in the latest filings. Short interest is 6.13% of the float, or 2.37 days of average trading volume. The share count rose 14.2% since 2014.

Related: SHEN analyst forecast, SHEN key metrics, SHEN dividend history. See the SHEN stock overview for the latest quote and news.

SHEN ownership FAQ

Who owns the most Shenandoah Telecommunications stock?

The largest shareholders of Shenandoah Telecommunications are BlackRock Inc (12.80%), GCM Grosvenor Holdings, LLC (7.43%), ECP ControlCo, LLC (6.24%), Southeastern Asset Management Inc (4.73%), Dimensional Fund Advisors, Inc. (4.72%).

What percentage of Shenandoah Telecommunications is owned by institutions?

Institutions hold 72.4% of Shenandoah Telecommunications's shares outstanding; insiders hold 4.98%.

Which funds own Shenandoah Telecommunications?

The largest fund holders of Shenandoah Telecommunications are Longleaf Partners Small-Cap (4.72%), Vanguard MStar Total Stk Mkt Idx Invest (2.66%), iShares Russell 2000 ETF (2.31%), Avantis US Small Cap Value ETF (2.11%), DFA US Small Cap Value I (1.21%).

What is Shenandoah Telecommunications's short interest?

2.6M shares of Shenandoah Telecommunications were sold short, 6.13% of the float; at the average daily volume it would take 2.37 days to cover.

Are insiders buying or selling Shenandoah Telecommunications?

Of the latest 20 reported insider transactions in Shenandoah Telecommunications (since August 5, 2025), 20 were purchases and 0 were sales.

How many shares of Shenandoah Telecommunications are outstanding?

Shenandoah Telecommunications has 55.4M shares outstanding, of which 45.0M are in the public float.

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