Shift4
FOUR
190 hedge funds and large institutions have $2.93B invested in Shift4 in 2020 Q4 according to their latest regulatory filings, with 90 funds opening new positions, 53 increasing their positions, 39 reducing their positions, and 24 closing their positions.
275% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 24
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
131% more capital invested
Capital invested by funds: $1.27B → $2.93B (+$1.66B)
53% more funds holding
Funds holding: 124 → 190 (+66)
36% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 39
7.48% more ownership
Funds ownership: 93.85% → 101.33% (+7.5%)
8% more call options, than puts
Call options by funds: $37.6M | Put options by funds: $34.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Southpoint Capital Advisors
New York
|
+$84.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$67.9M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$55.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$52.1M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$44.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$41.3M |
| 2 |
Millennium Management
New York
|
-$21.5M |
| 3 |
Select Equity Group
New York
|
-$21.4M |
| 4 |
BAWC
Black-and-white Capital
Los Angeles,
California
|
-$20.3M |
| 5 |
MCM
Moore Capital Management
New York
|
-$14.5M |
FOUR Hedge Fund Activity: Q4 2020 in Review
190 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Shift4 (FOUR) for Q4 2020, worth a combined $2.93B — up 131% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new FOUR positions and 24 closed out — a net gain of 66 holders — while 53 added to existing stakes and 39 trimmed.
The largest buyer was Southpoint Capital Advisors, opening a new position worth an estimated $84.5M. The largest seller was Fidelity Investments, cutting an estimated $41.3M.
- 190 institutional investors held Shift4 (FOUR) as of Q4 2020, up from 124 in Q3 2020.
- Funds reported $2.93B of Shift4 stock for Q4 2020, up 131% quarter-over-quarter.
- 90 funds opened new Shift4 positions in Q4 2020 and 24 closed out, a net change of +66 holders.
- The largest Shift4 buyer in Q4 2020 was Southpoint Capital Advisors, an estimated $84.5M added.
- The largest Shift4 seller in Q4 2020 was Fidelity Investments, an estimated $41.3M sold.
Based on aggregated 13F filings for Q4 2020.