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253 hedge funds and large institutions have $4.04B invested in Shopify in 2017 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 75 increasing their positions, 80 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 42

23% more capital invested

Capital invested by funds: $3.27B → $4.04B (+$761M)

16% more funds holding

Funds holding: 218253 (+35)

6% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 80

32.04% less ownership

Funds ownership: 622.42%590.38% (-32%)

40% less funds holding in top 10

Funds holding in top 10: 106 (-4)

74% less call options, than puts

Call options by funds: $92.7M | Put options by funds: $355M

Holders
253
Holders Change
+35
Holders Change %
+16.06%
% of All Funds
6.31%
Holding in Top 10
6
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-40%
% of All Funds
0.15%
New
78
Increased
75
Reduced
80
Closed
42
Calls
$92.7M
Puts
$355M
Net Calls
-$263M
Net Calls Change
-$211M
Name Holding Trade Value Shares
Change
Change in
Stake
SIMG
26
Stephens Investment Management Group
Texas
$29.7M -$9.37M -1,108,010 -25%
CI Investments Inc
27
CI Investments Inc
Ontario, Canada
$27.2M -$27.2M -3,210,000 -51%
Swiss National Bank
28
Swiss National Bank
Switzerland
$26.7M +$16.9M +2,001,000 +186%
PCM
29
Peregrine Capital Management
Minnesota
$26.1M -$6.07M -717,430 -19%
Renaissance Technologies
30
Renaissance Technologies
New York
$25.7M -$88.9M -10,512,000 -78%
CIBC Asset Management
31
CIBC Asset Management
Ontario, Canada
$23.3M +$8.04M +950,140 +55%
BIM
32
Barton Investment Management
Pennsylvania
$22.6M +$2.52M +298,300 +13%
O
33
OppenheimerFunds
New York
$19.9M -$33.2M -3,930,800 -63%
Fiera Capital (Canada)
34
Fiera Capital (Canada)
Quebec, Canada
$19.3M +$5.41M +639,050 +40%
Sumitomo Mitsui Trust Group
35
Sumitomo Mitsui Trust Group
Japan
$19M +$18.6M +2,197,070 New
Citadel Advisors
36
Citadel Advisors
Florida
$18.9M -$8.7M -1,028,360 -32%
Bank of Montreal
37
Bank of Montreal
Ontario, Canada
$18.9M +$5.09M +601,940 +38%
BSA
38
Braun Stacey Associates
New York
$18.8M -$12.2M -1,443,530 -40%
American Century Companies
39
American Century Companies
Missouri
$18.5M -$3.62M -428,540 -17%
FAM
40
Fred Alger Management
New York
$17.8M +$5.31M +627,930 +44%
LSCM
41
Light Street Capital Management
California
$17.4M -$44.4M -5,250,000 -72%
SPPAM
42
Summit Partners Public Asset Management
Massachusetts
$16.5M
GGHC
43
Gilder Gagnon Howe & Co
New York
$15.3M -$7.03M -831,640 -32%
CIBC World Market
44
CIBC World Market
Ontario, Canada
$14.7M +$4.28M +505,890 +43%
AIMCA
45
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$12.9M -$2.68M -317,000 -18%
Vanguard Group
46
Vanguard Group
Pennsylvania
$12.3M +$8.88M +1,049,610 +290%
CCI
47
Columbus Circle Investors
$11.8M -$9.44M -1,115,700 -45%
TAM
48
Telemark Asset Management
Massachusetts
$11.3M -$4.23M -500,000 -28%
SCM
49
Sanoor Capital Management
Connecticut
$11.3M +$11M +1,297,550 New
OTPPB
50
Ontario Teachers' Pension Plan Board
Ontario, Canada
$11.1M +$275K +32,490 +3%

SHOP Hedge Fund Activity: Q2 2017 in Review

253 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q2 2017, worth a combined $4.04B — up 23% from $3.27B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new SHOP positions and 42 closed out — a net gain of 36 holders — while 75 added to existing stakes and 80 trimmed.

The largest buyer was Coatue Management, opening a new position worth an estimated $222M. The largest seller was Renaissance Technologies, cutting an estimated $88.9M.

  • 253 institutional investors held Shopify (SHOP) as of Q2 2017, up from 218 in Q1 2017.
  • Funds reported $4.04B of Shopify stock for Q2 2017, up 23% quarter-over-quarter.
  • 78 funds opened new Shopify positions in Q2 2017 and 42 closed out, a net change of +36 holders.
  • The largest Shopify buyer in Q2 2017 was Coatue Management, an estimated $222M added.
  • The largest Shopify seller in Q2 2017 was Renaissance Technologies, an estimated $88.9M sold.

Based on aggregated 13F filings for Q2 2017.