Shift4
FOUR
233 hedge funds and large institutions have $3.2B invested in Shift4 in 2022 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 79 increasing their positions, 63 reducing their positions, and 37 closing their positions.
417% more call options, than puts
Call options by funds: $215M | Put options by funds: $41.5M
73% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 37
27% more capital invested
Capital invested by funds: $2.52B → $3.2B (+$680M)
25% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 63
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
11% more funds holding
Funds holding: 210 → 233 (+23)
2.65% less ownership
Funds ownership: 110.74% → 108.09% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$64.1M |
| 2 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$25.3M |
| 3 |
SRFM
Shannon River Fund Management
New York
|
+$19.3M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$17.7M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$63.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$47.2M |
| 3 |
JP Morgan Chase
New York
|
-$19.6M |
| 4 |
Goldman Sachs
New York
|
-$17.9M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$17.5M |
FOUR Hedge Fund Activity: Q4 2022 in Review
233 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Shift4 (FOUR) for Q4 2022, worth a combined $3.2B — up 27% from $2.52B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new FOUR positions and 37 closed out — a net gain of 27 holders — while 79 added to existing stakes and 63 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $64.1M. The largest seller was Tremblant Capital Group, exiting entirely with an estimated $63.4M sold.
- 233 institutional investors held Shift4 (FOUR) as of Q4 2022, up from 210 in Q3 2022.
- Funds reported $3.2B of Shift4 stock for Q4 2022, up 27% quarter-over-quarter.
- 64 funds opened new Shift4 positions in Q4 2022 and 37 closed out, a net change of +27 holders.
- The largest Shift4 buyer in Q4 2022 was Fidelity Investments, an estimated $64.1M added.
- The largest Shift4 seller in Q4 2022 was Tremblant Capital Group, an estimated $63.4M sold.
Based on aggregated 13F filings for Q4 2022.