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Shopify

53 hedge funds and large institutions have $333M invested in Shopify in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

223.17% more ownership

Funds ownership: 823.76%1,046.93% (+223%)

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

36% more capital invested

Capital invested by funds: $245M → $333M (+$88.8M)

7% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 14

6% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 16

2% less funds holding

Funds holding: 5453 (-1)

43% less call options, than puts

Call options by funds: $4.82M | Put options by funds: $8.4M

Holders
53
Holders Change
-1
Holders Change %
-1.85%
% of All Funds
1.48%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
15
Increased
15
Reduced
14
Closed
16
Calls
$4.82M
Puts
$8.4M
Net Calls
-$3.58M
Net Calls Change
-$3.84M
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
26
Renaissance Technologies
New York
$862K +$776K +245,000 New
BRWM
27
B. Riley Wealth Management
Tennessee
$721K +$650K +205,000 New
Royal Bank of Canada
28
Royal Bank of Canada
Ontario, Canada
$699K -$175K -55,130 -22%
Deutsche Bank
29
Deutsche Bank
Germany
$675K +$608K +191,990 New
LCG
30
Lisanti Capital Growth
New York
$658K +$174K +55,030 +42%
Franklin Resources
31
Franklin Resources
California
$503K
D.E. Shaw & Co
32
D.E. Shaw & Co
New York
$432K +$389K +122,620 New
RFC
33
Russell Frank Company
Washington
$349K +$109K +34,450 +53%
CCM
34
Cadence Capital Management
Massachusetts
$327K -$31.7K -10,000 -10%
State of Wisconsin Investment Board
35
State of Wisconsin Investment Board
Wisconsin
$264K
Morgan Stanley
36
Morgan Stanley
New York
$255K -$179K -56,600 -44%
BG
37
BlackRock Group
United Kingdom
$250K -$4.88K -1,540 -2%
Parallax Volatility Advisers
38
Parallax Volatility Advisers
California
$238K +$214K +67,500 New
AII
39
AGF Investments Inc
Ontario, Canada
$226K -$266K -84,000 -57%
Citadel Advisors
40
Citadel Advisors
Florida
$137K -$348K -109,710 -74%
ST
41
Spot Trading
Illinois
$130K +$117K +37,000 New
Acadian Asset Management
42
Acadian Asset Management
Massachusetts
$103K +$94K +29,670 New
Bank of America
43
Bank of America
North Carolina
$102K +$86.5K +27,300 +1,606%
UBS Group
44
UBS Group
Switzerland
$79K -$38.8K -12,250 -35%
PCM
45
Prelude Capital Management
New York
$67K +$60.2K +19,000 New
TRCT
46
Tower Research Capital (TRC)
New York
$42K +$22.2K +7,000 +350%
Wells Fargo
47
Wells Fargo
California
$34K -$1.43K -450 -5%
BIT
48
BlackRock Institutional Trust
California
$19K
AP
49
Atwood & Palmer
Missouri
$19K +$16.7K +5,260 New
Citigroup
50
Citigroup
New York
$19K +$17.5K +5,530 New

SHOP Hedge Fund Activity: Q3 2015 in Review

53 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2015, worth a combined $333M — up 36% from $245M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of SHOP and 15 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 15 added.

The largest buyer was Lord, Abbett & Co, adding an estimated $38.4M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $13.3M sold.

  • 53 institutional investors held Shopify (SHOP) as of Q3 2015, down from 54 in Q2 2015.
  • Funds reported $333M of Shopify stock for Q3 2015, up 36% quarter-over-quarter.
  • 15 funds opened new Shopify positions in Q3 2015 and 16 closed out, a net change of -1 holder.
  • The largest Shopify buyer in Q3 2015 was Lord, Abbett & Co, an estimated $38.4M added.
  • The largest Shopify seller in Q3 2015 was Massachusetts Financial Services, an estimated $13.3M sold.

Based on aggregated 13F filings for Q3 2015.