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253 hedge funds and large institutions have $4.04B invested in Shopify in 2017 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 75 increasing their positions, 80 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 42

23% more capital invested

Capital invested by funds: $3.27B → $4.04B (+$761M)

16% more funds holding

Funds holding: 218253 (+35)

6% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 80

32.04% less ownership

Funds ownership: 622.42%590.38% (-32%)

40% less funds holding in top 10

Funds holding in top 10: 106 (-4)

74% less call options, than puts

Call options by funds: $92.7M | Put options by funds: $355M

Holders
253
Holders Change
+35
Holders Change %
+16.06%
% of All Funds
6.31%
Holding in Top 10
6
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-40%
% of All Funds
0.15%
New
78
Increased
75
Reduced
80
Closed
42
Calls
$92.7M
Puts
$355M
Net Calls
-$263M
Net Calls Change
-$211M
Name Holding Trade Value Shares
Change
Change in
Stake
DAM
251
Delta Asset Management
Tennessee
$1K
SCP
252
Syntal Capital Partners
Texas
$639 +$623K +73,620 New
CAM
253
Contour Asset Management
New York
-$47.9M -7,039,620 Closed
PI
254
Putnam Investments
Massachusetts
-$46.3M -6,795,490 Closed
HCM
255
Hitchwood Capital Management
New York
-$17M -2,500,000 Closed
BCM
256
Barometer Capital Management
Ontario, Canada
-$15.1M -2,221,500 Closed
CM
257
Castleark Management
Illinois
-$13.5M -1,986,700 Closed
OAM
258
Oberweis Asset Management
Illinois
-$9.46M -1,388,990 Closed
PC
259
Polar Capital
United Kingdom
-$9.42M -1,383,350 Closed
State Street
260
State Street
Massachusetts
-$7.61M -1,117,410 Closed
DCM
261
Driehaus Capital Management
Illinois
-$6.88M -1,009,680 Closed
PC
262
Pier Capital
Connecticut
-$6.64M -975,540 Closed
Fidelity International
263
Fidelity International
Bermuda
-$5.17M -759,030 Closed
NIP
264
Nicholas Investment Partners
California
-$4.88M -717,190 Closed
Voloridge Investment Management
265
Voloridge Investment Management
Florida
-$4.64M -680,860 Closed
GCP
266
Garelick Capital Partners
Massachusetts
-$4.31M -633,450 Closed
LP
267
LMR Partners
United Kingdom
-$3.88M -570,390 Closed
TCM
268
Timpani Capital Management
Wisconsin
-$3.14M -461,630 Closed
GP
269
GLG Partners
United Kingdom
-$2.25M -330,050 Closed
AMI
270
Amica Mutual Insurance
Rhode Island
-$2.21M -323,930 Closed
Ohio Public Employees Retirement System (OPERS)
271
Ohio Public Employees Retirement System (OPERS)
Ohio
-$1.78M -261,960 Closed
DM
272
Diker Management
New York
-$1.7M -250,000 Closed
APFBOT
273
Amica Pension Fund Board of Trustees
Rhode Island
-$1.63M -239,640 Closed
BCM
274
BlueCrest Capital Management
Jersey
-$1.42M -208,500 Closed
IGIM
275
I.G. Investment Management
Manitoba, Canada
-$1.36M -200,000 Closed

SHOP Hedge Fund Activity: Q2 2017 in Review

253 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q2 2017, worth a combined $4.04B — up 23% from $3.27B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new SHOP positions and 42 closed out — a net gain of 36 holders — while 75 added to existing stakes and 80 trimmed.

The largest buyer was Coatue Management, opening a new position worth an estimated $222M. The largest seller was Renaissance Technologies, cutting an estimated $88.9M.

  • 253 institutional investors held Shopify (SHOP) as of Q2 2017, up from 218 in Q1 2017.
  • Funds reported $4.04B of Shopify stock for Q2 2017, up 23% quarter-over-quarter.
  • 78 funds opened new Shopify positions in Q2 2017 and 42 closed out, a net change of +36 holders.
  • The largest Shopify buyer in Q2 2017 was Coatue Management, an estimated $222M added.
  • The largest Shopify seller in Q2 2017 was Renaissance Technologies, an estimated $88.9M sold.

Based on aggregated 13F filings for Q2 2017.