Shift4
FOUR
308 hedge funds and large institutions have $4.86B invested in Shift4 in 2023 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 84 increasing their positions, 106 reducing their positions, and 30 closing their positions.
197% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 30
106% more call options, than puts
Call options by funds: $410M | Put options by funds: $199M
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
49% more capital invested
Capital invested by funds: $3.26B → $4.86B (+$1.61B)
22% more funds holding
Funds holding: 252 → 308 (+56)
1.95% more ownership
Funds ownership: 104.13% → 106.08% (+1.9%)
21% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 106
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$73.8M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$36.8M |
| 3 |
Jennison Associates
New York
|
+$35.9M |
| 4 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$35.9M |
| 5 |
Janus Henderson Group
London,
|
+$35.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$74.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$53.8M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$42.8M |
| 4 |
Millennium Management
New York
|
-$38M |
| 5 |
SIG
Senator Investment Group
New York
|
-$24.6M |
FOUR Hedge Fund Activity: Q4 2023 in Review
308 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Shift4 (FOUR) for Q4 2023, worth a combined $4.86B — up 49% from $3.26B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new FOUR positions and 30 closed out — a net gain of 59 holders — while 84 added to existing stakes and 106 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $73.8M. The largest seller was Fidelity Investments, cutting an estimated $74.4M.
- 308 institutional investors held Shift4 (FOUR) as of Q4 2023, up from 252 in Q3 2023.
- Funds reported $4.86B of Shift4 stock for Q4 2023, up 49% quarter-over-quarter.
- 89 funds opened new Shift4 positions in Q4 2023 and 30 closed out, a net change of +59 holders.
- The largest Shift4 buyer in Q4 2023 was Neuberger Berman Group, an estimated $73.8M added.
- The largest Shift4 seller in Q4 2023 was Fidelity Investments, an estimated $74.4M sold.
Based on aggregated 13F filings for Q4 2023.