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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
NW
401
NewEdge Wealth
Pennsylvania
$2.31M +$248K +3,593 +14%
PAS
402
Park Avenue Securities
New York
$2.31M -$81.6K -1,182 -4%
IIM
403
INTECH Investment Management
Florida
$2.26M -$478K -6,922 -20%
AIC
404
Anthracite Investment Company
Texas
$2.24M +$345K +5,000 +22%
BIA
405
Biondo Investment Advisors
Pennsylvania
$2.23M -$399K -5,780 -17%
NFG
406
Norris Financial Group
South Carolina
$2.23M +$10.4K +150 +0.5%
AFAS
407
Acorn Financial Advisory Services
Virginia
$2.18M -$157K -2,277 -8%
RWM
408
Ritholtz Wealth Management
New York
$2.16M +$544K +7,879 +41%
BWAM
409
Boyd Watterson Asset Management
Ohio
$2.14M +$10.7K +155 +0.6%
SWP
410
Stratos Wealth Partners
Ohio
$2.13M +$384K +5,559 +26%
CL
411
Choreo LLC
Illinois
$2.11M +$457K +6,617 +33%
VFG
412
V2 Financial group
Illinois
$2.1M -$21.7K -314 -1%
GWM
413
Gibbs Wealth Management
Georgia
$2.1M +$544K +7,870 +43%
PA
414
Parallel Advisors
California
$2.08M +$195K +2,830 +12%
LBWM
415
Left Brain Wealth Management
Illinois
$2.08M +$94.8K +1,372 +6%
IP
416
Intellectus Partners
California
$2.07M +$339K +4,909 +23%
AF
417
Apexium Financial
Texas
$2.07M
HAG
418
HighPoint Advisor Group
Illinois
$2.04M +$234K +3,391 +15%
JWM
419
Jeppson Wealth Management
California
$2.04M -$414 -6 -0%
BA
420
Bristlecone Advisors
Washington
$2.01M +$62.5K +905 +4%
WS
421
Wedbush Securities
California
$2.01M -$202K -2,924 -10%
GITFIT
422
Generali Investments Towarzystwo Funduszy Inwestycyjnych (TFI)
Poland
$2M
MG
423
Marex Group
$2M +$1.14M +16,462 +193%
RJT
424
Raymond James Trust
Florida
$1.99M +$939K +13,600 +121%
MA
425
Mutual Advisors
Nebraska
$1.97M -$49.5K -717 -3%

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.