Shopify
SHOP
531 hedge funds and large institutions have $20.9B invested in Shopify in 2019 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 162 increasing their positions, 207 reducing their positions, and 54 closing their positions.
72% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 54
20% more funds holding in top 10
Funds holding in top 10: 15 → 18 (+3)
7% more funds holding
Funds holding: 494 → 531 (+37)
3% more capital invested
Capital invested by funds: $20.2B → $20.9B (+$662M)
19.58% less ownership
Funds ownership: 681.63% → 662.05% (-20%)
22% less repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 207
35% less call options, than puts
Call options by funds: $1.51B | Put options by funds: $2.33B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$447M |
| 2 |
Two Sigma Advisers
New York
|
+$154M |
| 3 |
Alkeon Capital Management
New York
|
+$147M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$130M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$320M |
| 2 |
WCM Investment Management
Laguna Beach,
California
|
-$285M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$201M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$124M |
| 5 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$123M |
SHOP Hedge Fund Activity: Q3 2019 in Review
531 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2019, worth a combined $20.9B — up 3.3% from $20.2B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new SHOP positions and 54 closed out — a net gain of 39 holders — while 162 added to existing stakes and 207 trimmed.
The largest buyer was Jennison Associates, adding an estimated $447M. The largest seller was Morgan Stanley, cutting an estimated $320M.
- 531 institutional investors held Shopify (SHOP) as of Q3 2019, up from 494 in Q2 2019.
- Funds reported $20.9B of Shopify stock for Q3 2019, up 3.3% quarter-over-quarter.
- 93 funds opened new Shopify positions in Q3 2019 and 54 closed out, a net change of +39 holders.
- The largest Shopify buyer in Q3 2019 was Jennison Associates, an estimated $447M added.
- The largest Shopify seller in Q3 2019 was Morgan Stanley, an estimated $320M sold.
Based on aggregated 13F filings for Q3 2019.