Shift4
FOUR
271 hedge funds and large institutions have $3.96B invested in Shift4 in 2023 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 97 increasing their positions, 96 reducing their positions, and 58 closing their positions.
97% more call options, than puts
Call options by funds: $245M | Put options by funds: $125M
1% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 96
0.08% less ownership
Funds ownership: 101.6% → 101.52% (-0.08%)
6% less capital invested
Capital invested by funds: $4.22B → $3.96B (-$265M)
7% less funds holding
Funds holding: 291 → 271 (-20)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
29% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$68.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$65.3M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$40.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.9M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$33.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$39.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$36.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$34.7M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$31.1M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$30.6M |
FOUR Hedge Fund Activity: Q2 2023 in Review
271 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Shift4 (FOUR) for Q2 2023, worth a combined $3.96B — down 6.3% from $4.22B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of FOUR and 41 opened new positions — a net loss of 17 holders — while 96 trimmed existing stakes and 97 added.
The largest buyer was Neuberger Berman Group, adding an estimated $68.8M. The largest seller was Durable Capital Partners, cutting an estimated $39.2M.
- 271 institutional investors held Shift4 (FOUR) as of Q2 2023, down from 291 in Q1 2023.
- Funds reported $3.96B of Shift4 stock for Q2 2023, down 6.3% quarter-over-quarter.
- 41 funds opened new Shift4 positions in Q2 2023 and 58 closed out, a net change of -17 holders.
- The largest Shift4 buyer in Q2 2023 was Neuberger Berman Group, an estimated $68.8M added.
- The largest Shift4 seller in Q2 2023 was Durable Capital Partners, an estimated $39.2M sold.
Based on aggregated 13F filings for Q2 2023.