Shopify
SHOP
410 hedge funds and large institutions have $11.1B invested in Shopify in 2018 Q3 according to their latest regulatory filings, with 87 funds opening new positions, 147 increasing their positions, 106 reducing their positions, and 42 closing their positions.
107% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 42
39% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 106
18.26% more ownership
Funds ownership: 700.85% → 719.11% (+18%)
17% more capital invested
Capital invested by funds: $9.52B → $11.1B (+$1.6B)
11% more funds holding
Funds holding: 368 → 410 (+42)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
33% less call options, than puts
Call options by funds: $579M | Put options by funds: $859M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$218M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$138M |
| 3 |
Jennison Associates
New York
|
+$133M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$75.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$68.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$391M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$246M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$37.8M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$33.3M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$27.4M |
SHOP Hedge Fund Activity: Q3 2018 in Review
410 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2018, worth a combined $11.1B — up 17% from $9.52B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new SHOP positions and 42 closed out — a net gain of 45 holders — while 147 added to existing stakes and 106 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $218M. The largest seller was Coatue Management, cutting an estimated $391M.
- 410 institutional investors held Shopify (SHOP) as of Q3 2018, up from 368 in Q2 2018.
- Funds reported $11.1B of Shopify stock for Q3 2018, up 17% quarter-over-quarter.
- 87 funds opened new Shopify positions in Q3 2018 and 42 closed out, a net change of +45 holders.
- The largest Shopify buyer in Q3 2018 was Baillie Gifford & Co, an estimated $218M added.
- The largest Shopify seller in Q3 2018 was Coatue Management, an estimated $391M sold.
Based on aggregated 13F filings for Q3 2018.