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335 hedge funds and large institutions have $7.59B invested in Shopify in 2018 Q1 according to their latest regulatory filings, with 86 funds opening new positions, 101 increasing their positions, 92 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

161% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 33

34% more capital invested

Capital invested by funds: $5.65B → $7.59B (+$1.94B)

18% more funds holding

Funds holding: 284335 (+51)

11.78% more ownership

Funds ownership: 649.68%661.46% (+12%)

10% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 92

0% more funds holding in top 10

Funds holding in top 10: 99 (0)

44% less call options, than puts

Call options by funds: $303M | Put options by funds: $541M

Holders
335
Holders Change
+51
Holders Change %
+17.96%
% of All Funds
7.68%
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.21%
New
86
Increased
101
Reduced
92
Closed
33
Calls
$303M
Puts
$541M
Net Calls
-$238M
Net Calls Change
-$30.1M
Name Holding Trade Value Shares
Change
Change in
Stake
FAM
26
Foxhaven Asset Management
Virginia
$48M
Mawer Investment Management
27
Mawer Investment Management
Alberta, Canada
$43.2M +$532K +41,090 +1%
Wells Fargo
28
Wells Fargo
California
$41.6M -$6.02M -465,430 -12%
Public Sector Pension Investment Board (PSP Investments)
29
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$40.2M -$11.7M -903,000 -22%
CIBC Asset Management
30
CIBC Asset Management
Ontario, Canada
$39.8M -$1.41M -109,160 -3%
Swiss National Bank
31
Swiss National Bank
Switzerland
$39.6M +$660K +51,000 +2%
BIM
32
Barton Investment Management
Pennsylvania
$35.1M -$800K -61,800 -2%
Lord, Abbett & Co
33
Lord, Abbett & Co
New Jersey
$32.2M +$33.5M +2,586,430 New
Bank of Montreal
34
Bank of Montreal
Ontario, Canada
$30.3M +$5.43M +419,420 +21%
PCM
35
Peregrine Capital Management
Minnesota
$29.2M -$5.43M -419,550 -15%
SIMG
36
Stephens Investment Management Group
Texas
$27.3M -$8.77M -677,770 -24%
NAMA
37
Nikko Asset Management Americas
New York
$26.7M +$4.18M +323,120 +18%
Deutsche Bank
38
Deutsche Bank
Germany
$25.8M +$4.46M +344,430 +20%
LSCM
39
Light Street Capital Management
California
$25.3M -$28.7M -2,219,820 -52%
Fiera Capital (Canada)
40
Fiera Capital (Canada)
Quebec, Canada
$25.3M +$34.9K +2,700 +0.1%
New York State Common Retirement Fund
41
New York State Common Retirement Fund
New York
$25.1M +$9.33M +721,180 +56%
D.E. Shaw & Co
42
D.E. Shaw & Co
New York
$24.5M +$12.6M +970,790 +97%
EVM
43
Eaton Vance Management
Massachusetts
$22.9M +$12.8M +987,360 +116%
AQR Capital Management
44
AQR Capital Management
Connecticut
$22.9M +$15.9M +1,228,720 +200%
Capital Fund Management (CFM)
45
Capital Fund Management (CFM)
France
$22.8M +$9.34M +721,850 +65%
Janus Henderson Group
46
Janus Henderson Group
United Kingdom
$22.7M +$23.6M +1,823,320 New
Select Equity Group
47
Select Equity Group
New York
$21.6M +$22.4M +1,734,330 New
Vanguard Group
48
Vanguard Group
Pennsylvania
$21.4M +$2.89M +223,200 +15%
Russell Investments Group
49
Russell Investments Group
United Kingdom
$20.3M +$19.9M +1,541,110 +1,653%
Jennison Associates
50
Jennison Associates
New York
$20.2M +$21M +1,624,670 New

SHOP Hedge Fund Activity: Q1 2018 in Review

335 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q1 2018, worth a combined $7.59B — up 34% from $5.65B a quarter earlier.

Buyers outnumbered sellers: 86 funds opened new SHOP positions and 33 closed out — a net gain of 53 holders — while 101 added to existing stakes and 92 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $363M. The largest seller was Susquehanna International Group, cutting an estimated $50M.

  • 335 institutional investors held Shopify (SHOP) as of Q1 2018, up from 284 in Q4 2017.
  • Funds reported $7.59B of Shopify stock for Q1 2018, up 34% quarter-over-quarter.
  • 86 funds opened new Shopify positions in Q1 2018 and 33 closed out, a net change of +53 holders.
  • The largest Shopify buyer in Q1 2018 was Fidelity Investments, an estimated $363M added.
  • The largest Shopify seller in Q1 2018 was Susquehanna International Group, an estimated $50M sold.

Based on aggregated 13F filings for Q1 2018.