Shift4
FOUR
324 hedge funds and large institutions have $4.01B invested in Shift4 in 2024 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 109 increasing their positions, 100 reducing their positions, and 60 closing their positions.
41% more call options, than puts
Call options by funds: $304M | Put options by funds: $215M
32% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 60
5% more funds holding
Funds holding: 308 → 324 (+16)
9% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 100
0.4% more ownership
Funds ownership: 106.24% → 106.64% (+0.4%)
11% less capital invested
Capital invested by funds: $4.49B → $4.01B (-$484M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
ShawSpring Partners
Boston,
Massachusetts
|
+$120M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$119M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$89.8M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$66.3M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$63.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$158M |
| 2 |
Millennium Management
New York
|
-$125M |
| 3 |
Morgan Stanley
New York
|
-$78.4M |
| 4 |
KCM
Kodai Capital Management
Chicago,
Illinois
|
-$59.5M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$52.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
376
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$7K | -91 | Closed |
|
|
GWS
377
Glassman Wealth Services
Vienna,
Virginia
| – | -$3.79K | -51 | Closed |
|
|
HCM
378
Highlander Capital Management
Short Hills,
New Jersey
| – | -$3.72K | -50 | Closed |
|
|
FHA
379
First Horizon Advisors
Memphis,
Tennessee
| – | -$3.57K | -48 | Closed |
|
|
CFB
380
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$2.83K | -38 | Closed |
|
|
CAM
381
Creekmur Asset Management
Morton,
Illinois
| – | -$1.86K | -25 | Closed |
|
|
AWM
382
Abound Wealth Management
Franklin,
Tennessee
| – | -$1.12K | -15 | Closed |
|
|
CMBA
383
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$446 | -6 | Closed |
|
|
VCM
384
Versant Capital Management
Phoenix,
Arizona
| – | -$446 | -6 | Closed |
|
FOUR Hedge Fund Activity: Q1 2024 in Review
324 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Shift4 (FOUR) for Q1 2024, worth a combined $4.01B — down 11% from $4.49B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new FOUR positions and 60 closed out — a net gain of 19 holders — while 109 added to existing stakes and 100 trimmed.
The largest buyer was ShawSpring Partners, opening a new position worth an estimated $120M. The largest seller was Wellington Management Group, cutting an estimated $158M.
- 324 institutional investors held Shift4 (FOUR) as of Q1 2024, up from 308 in Q4 2023.
- Funds reported $4.01B of Shift4 stock for Q1 2024, down 11% quarter-over-quarter.
- 79 funds opened new Shift4 positions in Q1 2024 and 60 closed out, a net change of +19 holders.
- The largest Shift4 buyer in Q1 2024 was ShawSpring Partners, an estimated $120M added.
- The largest Shift4 seller in Q1 2024 was Wellington Management Group, an estimated $158M sold.
Based on aggregated 13F filings for Q1 2024.