Shopify
SHOP
427 hedge funds and large institutions have $9.9B invested in Shopify in 2018 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 162 increasing their positions, 112 reducing their positions, and 65 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 112
32.81% more ownership
Funds ownership: 719.11% → 751.92% (+33%)
31% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 65
4% more funds holding
Funds holding: 410 → 427 (+17)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
11% less capital invested
Capital invested by funds: $11.1B → $9.9B (-$1.23B)
42% less call options, than puts
Call options by funds: $477M | Put options by funds: $821M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$243M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$228M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$95M |
| 4 |
WCM Investment Management
Laguna Beach,
California
|
+$50.3M |
| 5 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
+$41.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
-$128M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$99.8M |
| 3 |
CAM
Contour Asset Management
New York
|
-$53.8M |
| 4 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$34.3M |
| 5 |
HCM
Hitchwood Capital Management
New York
|
-$29.6M |
SHOP Hedge Fund Activity: Q4 2018 in Review
427 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q4 2018, worth a combined $9.9B — down 11% from $11.1B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new SHOP positions and 65 closed out — a net gain of 20 holders — while 162 added to existing stakes and 112 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $243M. The largest seller was Carmignac Gestion, cutting an estimated $128M.
- 427 institutional investors held Shopify (SHOP) as of Q4 2018, up from 410 in Q3 2018.
- Funds reported $9.9B of Shopify stock for Q4 2018, down 11% quarter-over-quarter.
- 85 funds opened new Shopify positions in Q4 2018 and 65 closed out, a net change of +20 holders.
- The largest Shopify buyer in Q4 2018 was Morgan Stanley, an estimated $243M added.
- The largest Shopify seller in Q4 2018 was Carmignac Gestion, an estimated $128M sold.
Based on aggregated 13F filings for Q4 2018.