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Shopify

285 hedge funds and large institutions have $5.62B invested in Shopify in 2017 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 93 increasing their positions, 94 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 27

83% more funds holding in top 10

Funds holding in top 10: 611 (+5)

39% more capital invested

Capital invested by funds: $4.04B → $5.62B (+$1.58B)

13% more funds holding

Funds holding: 253285 (+32)

1% less repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 94

25.72% less ownership

Funds ownership: 590.38%564.66% (-26%)

55% less call options, than puts

Call options by funds: $209M | Put options by funds: $469M

Holders
285
Holders Change
+32
Holders Change %
+12.65%
% of All Funds
7.11%
Holding in Top 10
11
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+83.33%
% of All Funds
0.27%
New
63
Increased
93
Reduced
94
Closed
27
Calls
$209M
Puts
$469M
Net Calls
-$260M
Net Calls Change
+$2.4M
Name Holding Trade Value Shares
Change
Change in
Stake
CI Investments Inc
26
CI Investments Inc
Ontario, Canada
$37.1M +$562K +55,000 +2%
Swiss National Bank
27
Swiss National Bank
Switzerland
$36.2M +$398K +39,000 +1%
Voloridge Investment Management
28
Voloridge Investment Management
Florida
$34.8M +$30.5M +2,983,890 New
SIMG
29
Stephens Investment Management Group
Texas
$34.7M -$4.48M -438,510 -13%
Mawer Investment Management
30
Mawer Investment Management
Alberta, Canada
$34.3M +$30.1M +2,943,680 New
BIM
31
Barton Investment Management
Pennsylvania
$32M +$1.56M +152,500 +6%
William Blair Investment Management
32
William Blair Investment Management
Illinois
$31.6M +$27.7M +2,710,450 New
JP Morgan Chase
33
JP Morgan Chase
New York
$30.1M -$11.5M -1,127,730 -30%
PCM
34
Peregrine Capital Management
Minnesota
$29.4M -$4.96M -486,010 -16%
Deutsche Bank
35
Deutsche Bank
Germany
$27.4M -$18.1M -1,770,610 -43%
Sumitomo Mitsui Trust Group
36
Sumitomo Mitsui Trust Group
Japan
$27.4M +$1.61M +158,100 +7%
WRF
37
Waddell & Reed Financial
Kansas
$27.1M -$19.8M -1,933,900 -45%
Bank of Montreal
38
Bank of Montreal
Ontario, Canada
$26.8M +$1.25M +122,640 +6%
Fiera Capital (Canada)
39
Fiera Capital (Canada)
Quebec, Canada
$25.8M -$34.3K -3,360 -0.2%
Susquehanna International Group
40
Susquehanna International Group
Pennsylvania
$25.6M +$17.5M +1,714,140 +355%
FAM
41
Fred Alger Management
New York
$23.9M -$13.2K -1,290 -0.1%
SPPAM
42
Summit Partners Public Asset Management
Massachusetts
$22.7M +$511K +50,000 +3%
Jennison Associates
43
Jennison Associates
New York
$21.2M +$5.93M +580,330 +47%
BSA
44
Braun Stacey Associates
New York
$20.4M -$4.15M -406,720 -19%
AIMCA
45
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$19.9M +$1.91M +187,000 +13%
Mitsubishi UFJ Trust & Banking
46
Mitsubishi UFJ Trust & Banking
Japan
$18.1M +$15.9M +1,555,900 New
SCM
47
Sanoor Capital Management
Connecticut
$17.9M +$2.44M +239,000 +18%
GGHC
48
Gilder Gagnon Howe & Co
New York
$17.8M -$2.42M -236,740 -13%
Vanguard Group
49
Vanguard Group
Pennsylvania
$17.5M +$918K +89,840 +6%
D.E. Shaw & Co
50
D.E. Shaw & Co
New York
$15.7M +$13.2M +1,290,100 +2,197%

SHOP Hedge Fund Activity: Q3 2017 in Review

285 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2017, worth a combined $5.62B — up 39% from $4.04B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new SHOP positions and 27 closed out — a net gain of 36 holders — while 93 added to existing stakes and 94 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $97.7M. The largest seller was Morgan Stanley, cutting an estimated $38.2M.

  • 285 institutional investors held Shopify (SHOP) as of Q3 2017, up from 253 in Q2 2017.
  • Funds reported $5.62B of Shopify stock for Q3 2017, up 39% quarter-over-quarter.
  • 63 funds opened new Shopify positions in Q3 2017 and 27 closed out, a net change of +36 holders.
  • The largest Shopify buyer in Q3 2017 was T. Rowe Price Associates, an estimated $97.7M added.
  • The largest Shopify seller in Q3 2017 was Morgan Stanley, an estimated $38.2M sold.

Based on aggregated 13F filings for Q3 2017.