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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
MG
251
Markel Group
Virginia
$5.61M
PI
252
PEAK6 Investments
Illinois
$5.51M -$924K -15,247 -13%
NAM
253
NorthCrest Asset Manangement
Minnesota
$5.36M -$90.3K -1,490 -1%
YC
254
Yarbrough Capital
Tennessee
$5.32M
PP
255
Prudential plc
United Kingdom
$5.29M -$3.45K -57 -0.1%
DDC
256
DF Dent & Co
Maryland
$5.22M -$41.4K -683 -0.7%
Baird Financial Group
257
Baird Financial Group
Wisconsin
$5.18M +$205K +3,391 +4%
CA
258
Cetera Advisors
Colorado
$5.17M +$561K +9,261 +11%
Janney Montgomery Scott
259
Janney Montgomery Scott
Pennsylvania
$5.17M +$1.36M +22,384 +31%
SSA
260
Schonfeld Strategic Advisors
New York
$5.06M -$3.44M -56,795 -38%
BS
261
Banco Santander
Spain
$4.99M -$262K -4,330 -5%
TG
262
TCW Group
California
$4.99M +$2.03M +33,488 +58%
Two Sigma Advisers
263
Two Sigma Advisers
New York
$4.97M -$152M -2,508,500 -96%
MIA
264
MMBG Investment Advisors
Florida
$4.92M -$89.7K -1,480 -2%
PNC Financial Services Group
265
PNC Financial Services Group
Pennsylvania
$4.91M -$152K -2,507 -3%
PIC
266
PCJ Investment Counsel
Ontario, Canada
$4.84M +$1.23M +20,370 +30%
Macquarie Group
267
Macquarie Group
Australia
$4.76M -$734K -12,107 -12%
Vontobel Holding
268
Vontobel Holding
Switzerland
$4.72M -$196K -3,229 -4%
UB
269
UMB Bank
Missouri
$4.53M +$4.8M +79,183 +2,081%
TC
270
TownSquare Capital
Utah
$4.52M +$283K +4,677 +6%
CG
271
Cutler Group
California
$4.46M +$2.74M +45,288 +124%
ECU
272
Eisler Capital (US)
New York
$4.45M +$4.94M +81,600 New
MWM
273
Meridian Wealth Management
Kentucky
$4.37M +$467K +7,704 +11%
FG
274
Formula Growth
Quebec, Canada
$4.37M +$4.85M +80,000 New
ECU
275
Eisler Capital (UK)
United Kingdom
$4.28M +$3.18M +52,420 +202%

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.