Shutterfly, Inc.
SFLY
SFLY was delisted on the 24th of September, 2019.
189 hedge funds and large institutions have $1.52B invested in Shutterfly, Inc. in 2018 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 74 increasing their positions, 51 reducing their positions, and 51 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 51
35% more call options, than puts
Call options by funds: $56.8M | Put options by funds: $42.1M
6% less funds holding
Funds holding: 201 → 189 (-12)
20% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 51
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
41% less capital invested
Capital invested by funds: $2.57B → $1.52B (-$1.04B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFM
Okumus Fund Management
Grand Cayman,
Cayman Islands
|
+$85.6M |
| 2 |
GC
Greenlight Capital
New York
|
+$27.4M |
| 3 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
+$27.3M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
+$26.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$23.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
SQN Investors
Menlo Park,
California
|
-$104M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$88.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$81.3M |
| 4 |
DCM
Dorsal Capital Management
Redwood City,
California
|
-$52.7M |
| 5 |
SM
SCGE Management
Menlo Park,
California
|
-$31.3M |
SFLY Hedge Fund Activity: Q4 2018 in Review
189 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Shutterfly, Inc. (SFLY) for Q4 2018, worth a combined $1.52B — down 41% from $2.57B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of SFLY and 41 opened new positions — a net loss of 10 holders — while 51 trimmed existing stakes and 74 added.
The largest buyer was Okumus Fund Management, opening a new position worth an estimated $85.6M. The largest seller was SQN Investors, exiting entirely with an estimated $104M sold.
- 189 institutional investors held Shutterfly, Inc. (SFLY) as of Q4 2018, down from 201 in Q3 2018.
- Funds reported $1.52B of Shutterfly, Inc. stock for Q4 2018, down 41% quarter-over-quarter.
- 41 funds opened new Shutterfly, Inc. positions in Q4 2018 and 51 closed out, a net change of -10 holders.
- The largest Shutterfly, Inc. buyer in Q4 2018 was Okumus Fund Management, an estimated $85.6M added.
- The largest Shutterfly, Inc. seller in Q4 2018 was SQN Investors, an estimated $104M sold.
Based on aggregated 13F filings for Q4 2018.