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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
WCM
351
Westerly Capital Management
California
$2.18M +$2.42M +40,000 New
MSRPS
352
Maryland State Retirement & Pension System
Maryland
$2.15M +$30.5K +504 +1%
AAS
353
Avantax Advisory Services
Texas
$2.15M -$312K -5,143 -12%
USAA
354
United Services Automobile Association
Texas
$2.14M +$406K +6,703 +21%
FA
355
Financial Avengers
California
$2.14M +$122K +2,008 +5%
Nomura Holdings
356
Nomura Holdings
Japan
$2.11M -$1.28M -21,102 -35%
SCP
357
Sender Company & Partners
New York
$2.11M +$2.35M +38,703 New
LCM
358
Logan Capital Management
Pennsylvania
$2.1M +$41.2K +680 +2%
Credit Agricole
359
Credit Agricole
France
$2.1M +$46.7K +770 +2%
CWMU
360
Caliber Wealth Management (Utah)
Utah
$2.07M +$222K +3,661 +11%
SI
361
Saxon Interests
Texas
$2.07M +$2.29M +37,842 New
SIAP
362
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$2.05M +$164K +2,704 +8%
GJCM
363
Grand Jean Capital Management
California
$2.03M
Assenagon Asset Management
364
Assenagon Asset Management
Luxembourg
$2.01M -$7.17M -118,407 -76%
BJL
365
Brighton Jones LLC
Washington
$2.01M +$189K +3,120 +9%
CAPTRUST Financial Advisors
366
CAPTRUST Financial Advisors
North Carolina
$2M +$309K +5,107 +16%
NIP
367
Nicholas Investment Partners
California
$1.97M
BONST
368
Bank of Nova Scotia Trust
Ontario, Canada
$1.9M +$69.6K +1,148 +3%
DTL
369
Dynamic Technology Lab
Singapore
$1.87M +$1.39M +22,893 +201%
KPWS
370
Kestra Private Wealth Services
Texas
$1.86M +$453K +7,481 +28%
SC
371
Samlyn Capital
New York
$1.86M +$2.07M +34,095 New
EAM
372
Erste Asset Management
Austria
$1.86M
RCM
373
Riverpark Capital Management
New York
$1.85M +$65K +1,073 +3%
OTPPB
374
Ontario Teachers' Pension Plan Board
Ontario, Canada
$1.84M +$2.04M +33,702 New
QP
375
Quilter Plc
United Kingdom
$1.84M -$9.09K -150 -8%

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.