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184 hedge funds and large institutions have $2.16B invested in Shopify in 2016 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 74 increasing their positions, 60 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 21

23% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 60

22% more funds holding in top 10

Funds holding in top 10: 911 (+2)

3% more funds holding

Funds holding: 179184 (+5)

5% less capital invested

Capital invested by funds: $2.27B → $2.16B (-$107M)

45% less call options, than puts

Call options by funds: $16.4M | Put options by funds: $29.6M

57.33% less ownership

Funds ownership: 720.2%662.88% (-57%)

Holders
184
Holders Change
+5
Holders Change %
+2.79%
% of All Funds
4.6%
Holding in Top 10
11
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+22.22%
% of All Funds
0.28%
New
29
Increased
74
Reduced
60
Closed
21
Calls
$16.4M
Puts
$29.6M
Net Calls
-$13.2M
Net Calls Change
+$5.55M
Name Holding Trade Value Shares
Change
Change in
Stake
Westfield Capital Management
26
Westfield Capital Management
Massachusetts
$17.9M +$929K +221,250 +6%
BSA
27
Braun Stacey Associates
New York
$17.2M -$1.89M -449,300 -10%
HCM
28
Hitchwood Capital Management
New York
$17.1M +$3.99M +950,000 +31%
EAM
29
EastBay Asset Management
New York
$17.1M -$1.6M -380,090 -9%
Canada Pension Plan Investment Board
30
Canada Pension Plan Investment Board
Ontario, Canada
$15.9M
Lord, Abbett & Co
31
Lord, Abbett & Co
New Jersey
$15.4M -$54.9M -13,063,140 -78%
Norges Bank
32
Norges Bank
Norway
$14.3M +$5.62M +1,336,830 +67%
TD Asset Management
33
TD Asset Management
Ontario, Canada
$14M -$415K -98,850 -3%
CM
34
Castleark Management
Illinois
$13.8M +$558K +132,950 +4%
ZCI
35
Zevenbergen Capital Investments
Washington
$13M +$12.8M +3,038,750 New
GIM
36
Granahan Investment Management
Massachusetts
$12.9M -$4.27M -1,016,030 -25%
Morgan Stanley
37
Morgan Stanley
New York
$12.7M -$2.31M -551,020 -16%
American Century Companies
38
American Century Companies
Missouri
$12.1M -$938K -223,270 -7%
CCI
39
Columbus Circle Investors
$12.1M +$1.61M +383,290 +16%
GGHC
40
Gilder Gagnon Howe & Co
New York
$11.4M -$223K -53,090 -2%
DCM
41
Driehaus Capital Management
Illinois
$10.5M +$2.3M +547,470 +29%
PC
42
Polar Capital
United Kingdom
$10.2M +$10M +2,383,460 New
BCM
43
Barometer Capital Management
Ontario, Canada
$9.98M -$155K -37,000 -2%
Two Sigma Investments
44
Two Sigma Investments
New York
$9.35M -$4.18M -995,850 -31%
TAM
45
Telemark Asset Management
Massachusetts
$8.57M
Bank of Montreal
46
Bank of Montreal
Ontario, Canada
$8.56M -$4.71M -1,121,080 -35%
NIP
47
Nicholas Investment Partners
California
$8.39M +$3.29M +783,530 +67%
Two Sigma Advisers
48
Two Sigma Advisers
New York
$7.79M -$1.3M -309,530 -15%
Ameriprise
49
Ameriprise
Minnesota
$7.07M +$2.34M +557,700 +51%
N
50
Nuveen
North Carolina
$7M -$35.5K -8,450 -0.5%

SHOP Hedge Fund Activity: Q4 2016 in Review

184 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q4 2016, worth a combined $2.16B — down 4.7% from $2.27B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new SHOP positions and 21 closed out — a net gain of 8 holders — while 74 added to existing stakes and 60 trimmed.

The largest buyer was Abdiel Capital Advisors, adding an estimated $35.4M. The largest seller was Deer VII & Co, exiting entirely with an estimated $137M sold.

  • 184 institutional investors held Shopify (SHOP) as of Q4 2016, up from 179 in Q3 2016.
  • Funds reported $2.16B of Shopify stock for Q4 2016, down 4.7% quarter-over-quarter.
  • 29 funds opened new Shopify positions in Q4 2016 and 21 closed out, a net change of +8 holders.
  • The largest Shopify buyer in Q4 2016 was Abdiel Capital Advisors, an estimated $35.4M added.
  • The largest Shopify seller in Q4 2016 was Deer VII & Co, an estimated $137M sold.

Based on aggregated 13F filings for Q4 2016.