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Shopify

1,259 hedge funds and large institutions have $66.6B invested in Shopify in 2024 Q3 according to their latest regulatory filings, with 155 funds opening new positions, 471 increasing their positions, 432 reducing their positions, and 97 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 155 | Existing positions closed: 97

27% more call options, than puts

Call options by funds: $3.02B | Put options by funds: $2.37B

24% more capital invested

Capital invested by funds: $53.8B → $66.6B (+$12.8B)

10% more funds holding in top 10

Funds holding in top 10: 3134 (+3)

4% more funds holding

Funds holding: 1,2091,259 (+50)

1.46% more ownership

Funds ownership: 67.17%68.63% (+1.5%)

9% more repeat investments, than reductions

Existing positions increased: 471 | Existing positions reduced: 432

Holders
1,259
Holders Change
+50
Holders Change %
+4.14%
% of All Funds
18.08%
Holding in Top 10
34
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+9.68%
% of All Funds
0.49%
New
155
Increased
471
Reduced
432
Closed
97
Calls
$3.02B
Puts
$2.37B
Net Calls
+$651M
Net Calls Change
-$154M
Name Holding Trade Value Shares
Change
Change in
Stake
SIG
376
Stonegate Investment Group
Alabama
$2.74M +$167K +2,415 +8%
SCA
377
Snowden Capital Advisors
New York
$2.72M +$57K +826 +2%
RA
378
RiverPark Advisors
New York
$2.72M -$517K -7,481 -18%
OC
379
Oppenheimer & Co
New York
$2.69M +$485K +7,027 +26%
CUAMC
380
China Universal Asset Management Company
China
$2.67M -$725K -10,500 -24%
CWM
381
Circle Wealth Management
New Jersey
$2.66M +$903K +13,072 +65%
RWS
382
Resolute Wealth Strategies
Mississippi
$2.65M +$6.91K +100 +0.3%
LFAS
383
Level Four Advisory Services
Texas
$2.64M +$161K +2,326 +7%
Nomura Holdings
384
Nomura Holdings
Japan
$2.63M -$3.54M -51,263 -61%
GJCM
385
Grand Jean Capital Management
California
$2.6M +$209K +3,030 +10%
AF
386
Alerus Financial
North Dakota
$2.6M -$732K -10,599 -25%
IWC
387
Integrated Wealth Concepts
Massachusetts
$2.57M +$45.2K +655 +2%
SPIA
388
Steward Partners Investment Advisory
New York
$2.57M +$260K +3,760 +13%
VCA
389
Verdence Capital Advisors
Maryland
$2.55M +$749K +10,848 +52%
IAS
390
Insigneo Advisory Services
Florida
$2.53M -$22.9K -331 -1%
SIGI
391
Susquehanna International Group (Ireland)
Ireland
$2.47M +$2.13M +30,800 New
DWM
392
Dynasty Wealth Management
Florida
$2.44M +$576K +8,343 +38%
GBT
393
Grove Bank & Trust
Florida
$2.44M +$680K +9,850 +48%
IAA
394
Independent Advisor Alliance
North Carolina
$2.43M -$23.8K -345 -1%
AA
395
ALPS Advisors
Colorado
$2.38M +$47.1K +682 +2%
PIM
396
Plato Investment Management
Australia
$2.37M +$2.04M +29,526 New
BRWA
397
B. Riley Wealth Advisors
Florida
$2.35M -$268K -3,881 -12%
SWM
398
Spire Wealth Management
Virginia
$2.34M +$334K +4,839 +20%
AF
399
Aviso Financial
Ontario, Canada
$2.34M +$730K +10,566 +57%
CAPTRUST Financial Advisors
400
CAPTRUST Financial Advisors
North Carolina
$2.33M -$83.6K -1,211 -4%

SHOP Hedge Fund Activity: Q3 2024 in Review

1,259 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2024, worth a combined $66.6B — up 24% from $53.8B a quarter earlier.

Buyers outnumbered sellers: 155 funds opened new SHOP positions and 97 closed out — a net gain of 58 holders — while 471 added to existing stakes and 432 trimmed.

The largest buyer was Capital International Investors, adding an estimated $585M. The largest seller was JP Morgan Chase, cutting an estimated $564M.

  • 1,259 institutional investors held Shopify (SHOP) as of Q3 2024, up from 1,209 in Q2 2024.
  • Funds reported $66.6B of Shopify stock for Q3 2024, up 24% quarter-over-quarter.
  • 155 funds opened new Shopify positions in Q3 2024 and 97 closed out, a net change of +58 holders.
  • The largest Shopify buyer in Q3 2024 was Capital International Investors, an estimated $585M added.
  • The largest Shopify seller in Q3 2024 was JP Morgan Chase, an estimated $564M sold.

Based on aggregated 13F filings for Q3 2024.