We are live on ! Find out more
SHOP icon

Shopify

1,076 hedge funds and large institutions have $42.6B invested in Shopify in 2023 Q3 according to their latest regulatory filings, with 96 funds opening new positions, 391 increasing their positions, 379 reducing their positions, and 135 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more repeat investments, than reductions

Existing positions increased: 391 | Existing positions reduced: 379

1% less call options, than puts

Call options by funds: $1.95B | Put options by funds: $1.97B

0.73% less ownership

Funds ownership: 65.28%64.55% (-0.73%)

4% less funds holding

Funds holding: 1,1241,076 (-48)

16% less capital invested

Capital invested by funds: $50.6B → $42.6B (-$8.02B)

25% less funds holding in top 10

Funds holding in top 10: 4433 (-11)

29% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 135

Holders
1,076
Holders Change
-48
Holders Change %
-4.27%
% of All Funds
17.08%
Holding in Top 10
33
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-25%
% of All Funds
0.52%
New
96
Increased
391
Reduced
379
Closed
135
Calls
$1.95B
Puts
$1.97B
Net Calls
-$13.2M
Net Calls Change
+$389M
Name Holding Trade Value Shares
Change
Change in
Stake
Wolverine Trading
226
Wolverine Trading
Illinois
$7.19M +$6.63M +109,447 +492%
ARAM
227
Ardmore Road Asset Management
New York
$7.09M +$7.88M +130,000 New
Janus Henderson Group
228
Janus Henderson Group
United Kingdom
$7.05M +$116K +1,919 +2%
TAM
229
Tocqueville Asset Management
New York
$6.95M -$239K -3,950 -3%
ACI
230
Alpha Cubed Investments
California
$6.9M +$7.46M +123,184 +3,838%
CIM
231
Contravisory Investment Management
Massachusetts
$6.88M -$827K -13,645 -10%
Parallax Volatility Advisers
232
Parallax Volatility Advisers
California
$6.83M +$7.21M +119,050 +1,933%
LWM
233
Lyell Wealth Management
California
$6.82M -$1.51K -25 -0%
VF
234
Virtu Financial
New York
$6.65M +$7.39M +121,945 New
Optiver Holding
235
Optiver Holding
Netherlands
$6.58M +$5.91M +97,499 +424%
TYCC
236
Texas Yale Capital Corp
Florida
$6.48M -$2.42K -40 -0%
SMFG
237
Sumitomo Mitsui Financial Group
Japan
$6.38M -$3.51M -57,964 -33%
GIP
238
Granite Investment Partners
California
$6.11M +$376K +6,202 +6%
QT
239
Quantbot Technologies
New York
$6.05M +$5.17M +85,250 +332%
COPPSERS
240
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$5.97M -$1.98M -32,635 -23%
EAM
241
EULAV Asset Management
Florida
$5.95M +$606K +10,000 +10%
OSAM
242
O'Shaughnessy Asset Management
Connecticut
$5.94M +$297K +4,907 +5%
TFS
243
Thoroughbred Financial Services
Tennessee
$5.91M +$750K +12,386 +13%
AWM
244
Apollon Wealth Management
South Carolina
$5.91M +$40.9K +675 +0.6%
MCM
245
Maytus Capital Management
New York
$5.89M +$3.3M +54,500 +102%
CAM
246
Covenant Asset Management
New Jersey
$5.89M -$2.91K -48 -0%
FA
247
Faithward Advisors
Pennsylvania
$5.86M -$141K -2,329 -2%
AG
248
AIA Group
Hong Kong
$5.77M +$793K +13,082 +14%
Wealth Enhancement Advisory Services
249
Wealth Enhancement Advisory Services
Minnesota
$5.66M +$5.91M +97,468 +1,564%
CAM
250
Cresset Asset Management
Illinois
$5.62M -$1.24M -20,475 -17%

SHOP Hedge Fund Activity: Q3 2023 in Review

1,076 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2023, worth a combined $42.6B — down 16% from $50.6B a quarter earlier.

Sellers outnumbered buyers: 135 funds closed out of SHOP and 96 opened new positions — a net loss of 39 holders — while 379 trimmed existing stakes and 391 added.

The largest buyer was JP Morgan Chase, adding an estimated $359M. The largest seller was Bank of Nova Scotia, cutting an estimated $367M.

  • 1,076 institutional investors held Shopify (SHOP) as of Q3 2023, down from 1,124 in Q2 2023.
  • Funds reported $42.6B of Shopify stock for Q3 2023, down 16% quarter-over-quarter.
  • 96 funds opened new Shopify positions in Q3 2023 and 135 closed out, a net change of -39 holders.
  • The largest Shopify buyer in Q3 2023 was JP Morgan Chase, an estimated $359M added.
  • The largest Shopify seller in Q3 2023 was Bank of Nova Scotia, an estimated $367M sold.

Based on aggregated 13F filings for Q3 2023.