Shift4
FOUR
252 hedge funds and large institutions have $3.26B invested in Shift4 in 2023 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 90 increasing their positions, 87 reducing their positions, and 57 closing their positions.
70% more call options, than puts
Call options by funds: $245M | Put options by funds: $144M
2.61% more ownership
Funds ownership: 101.52% → 104.13% (+2.6%)
3% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 87
7% less funds holding
Funds holding: 271 → 252 (-19)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
18% less capital invested
Capital invested by funds: $3.96B → $3.26B (-$703M)
30% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$114M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$80.2M |
| 3 |
SCM
Spyglass Capital Management
San Francisco,
California
|
+$49M |
| 4 |
Morgan Stanley
New York
|
+$34.6M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$33.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$84.5M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$54.6M |
| 3 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
-$46.9M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$42.3M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$33.3M |
FOUR Hedge Fund Activity: Q3 2023 in Review
252 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Shift4 (FOUR) for Q3 2023, worth a combined $3.26B — down 18% from $3.96B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of FOUR and 40 opened new positions — a net loss of 17 holders — while 87 trimmed existing stakes and 90 added.
The largest buyer was Millennium Management, adding an estimated $114M. The largest seller was Macquarie Group, cutting an estimated $84.5M.
- 252 institutional investors held Shift4 (FOUR) as of Q3 2023, down from 271 in Q2 2023.
- Funds reported $3.26B of Shift4 stock for Q3 2023, down 18% quarter-over-quarter.
- 40 funds opened new Shift4 positions in Q3 2023 and 57 closed out, a net change of -17 holders.
- The largest Shift4 buyer in Q3 2023 was Millennium Management, an estimated $114M added.
- The largest Shift4 seller in Q3 2023 was Macquarie Group, an estimated $84.5M sold.
Based on aggregated 13F filings for Q3 2023.