Shift4
FOUR
291 hedge funds and large institutions have $4.22B invested in Shift4 in 2023 Q1 according to their latest regulatory filings, with 87 funds opening new positions, 93 increasing their positions, 85 reducing their positions, and 30 closing their positions.
190% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 30
145% more call options, than puts
Call options by funds: $380M | Put options by funds: $155M
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
32% more capital invested
Capital invested by funds: $3.2B → $4.22B (+$1.02B)
24% more funds holding
Funds holding: 234 → 291 (+57)
9% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 85
6.93% less ownership
Funds ownership: 108.53% → 101.6% (-6.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$50.2M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$38.8M |
| 3 |
Morgan Stanley
New York
|
+$38.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$33.4M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$32.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$195M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$80.9M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$50.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$50.3M |
| 5 |
Millennium Management
New York
|
-$45.1M |
FOUR Hedge Fund Activity: Q1 2023 in Review
291 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Shift4 (FOUR) for Q1 2023, worth a combined $4.22B — up 32% from $3.2B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new FOUR positions and 30 closed out — a net gain of 57 holders — while 93 added to existing stakes and 85 trimmed.
The largest buyer was Wasatch Advisors, opening a new position worth an estimated $50.2M. The largest seller was Macquarie Group, cutting an estimated $195M.
- 291 institutional investors held Shift4 (FOUR) as of Q1 2023, up from 234 in Q4 2022.
- Funds reported $4.22B of Shift4 stock for Q1 2023, up 32% quarter-over-quarter.
- 87 funds opened new Shift4 positions in Q1 2023 and 30 closed out, a net change of +57 holders.
- The largest Shift4 buyer in Q1 2023 was Wasatch Advisors, an estimated $50.2M added.
- The largest Shift4 seller in Q1 2023 was Macquarie Group, an estimated $195M sold.
Based on aggregated 13F filings for Q1 2023.