Shopify
SHOP
285 hedge funds and large institutions have $5.62B invested in Shopify in 2017 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 93 increasing their positions, 94 reducing their positions, and 27 closing their positions.
133% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 27
83% more funds holding in top 10
Funds holding in top 10: 6 → 11 (+5)
39% more capital invested
Capital invested by funds: $4.04B → $5.62B (+$1.58B)
13% more funds holding
Funds holding: 253 → 285 (+32)
1% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 94
25.72% less ownership
Funds ownership: 590.38% → 564.66% (-26%)
55% less call options, than puts
Call options by funds: $209M | Put options by funds: $469M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$97.7M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$95.9M |
| 3 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$38.3M |
| 4 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$37M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$30.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$38.2M |
| 2 |
ACA
Abdiel Capital Advisors
New York
|
-$35.7M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$31.1M |
| 4 |
Renaissance Technologies
New York
|
-$25.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$20.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
301
Voya Financial Advisors
Windsor,
Connecticut
| – | -$291K | -33,630 | Closed |
|
|
TSS
302
Two Sigma Securities
New York
| – | -$214K | -24,590 | Closed |
|
|
SIAP
303
Sterling Investment Advisors (Pennsylvania)
Berwyn,
Pennsylvania
| – | -$174K | -20,000 | Closed |
|
|
DADC
304
D.A. Davidson & Co
Great Falls,
Montana
| – | -$94K | -10,830 | Closed |
|
|
BAM
305
Barrett Asset Management
New York
| – | -$17K | -2,000 | Closed |
|
|
MFW
306
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$17K | -2,000 | Closed |
|
|
PCM
307
Prelude Capital Management
New York
| – | -$14K | -1,640 | Closed |
|
|
AIS
308
Accurate Investment Solutions
Seven Fields,
Pennsylvania
| – | -$13K | -1,500 | Closed |
|
309
Simplex Trading
Chicago,
Illinois
| – | -$13.5K | -1,320 | Closed |
|
|
TDC
310
Thompson Davis & Co
Richmond,
Virginia
| – | -$9K | -1,000 | Closed |
|
|
AWM
311
Avior Wealth Management
Omaha,
Nebraska
| – | +$409 | +40 | New |
|
SHOP Hedge Fund Activity: Q3 2017 in Review
285 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2017, worth a combined $5.62B — up 39% from $4.04B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new SHOP positions and 27 closed out — a net gain of 36 holders — while 93 added to existing stakes and 94 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $97.7M. The largest seller was Morgan Stanley, cutting an estimated $38.2M.
- 285 institutional investors held Shopify (SHOP) as of Q3 2017, up from 253 in Q2 2017.
- Funds reported $5.62B of Shopify stock for Q3 2017, up 39% quarter-over-quarter.
- 63 funds opened new Shopify positions in Q3 2017 and 27 closed out, a net change of +36 holders.
- The largest Shopify buyer in Q3 2017 was T. Rowe Price Associates, an estimated $97.7M added.
- The largest Shopify seller in Q3 2017 was Morgan Stanley, an estimated $38.2M sold.
Based on aggregated 13F filings for Q3 2017.