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Shopify

1,225 hedge funds and large institutions have $104B invested in Shopify in 2021 Q3 according to their latest regulatory filings, with 122 funds opening new positions, 500 increasing their positions, 356 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 500 | Existing positions reduced: 356

33% more first-time investments, than exits

New positions opened: 122 | Existing positions closed: 92

1.77% more ownership

Funds ownership: 675.01%676.77% (+1.8%)

1% more funds holding

Funds holding: 1,2081,225 (+17)

5% less call options, than puts

Call options by funds: $10.6B | Put options by funds: $11.2B

4% less funds holding in top 10

Funds holding in top 10: 8582 (-3)

7% less capital invested

Capital invested by funds: $111B → $104B (-$7.35B)

Holders
1,225
Holders Change
+17
Holders Change %
+1.41%
% of All Funds
21.45%
Holding in Top 10
82
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-3.53%
% of All Funds
1.44%
New
122
Increased
500
Reduced
356
Closed
92
Calls
$10.6B
Puts
$11.2B
Net Calls
-$561M
Net Calls Change
-$1.78B
Name Holding Trade Value Shares
Change
Change in
Stake
Connor, Clark & Lunn Investment Management (CC&L)
26
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$837M +$20.5M +136,950 +2%
JFL
27
Jarislowsky, Fraser Ltd
Quebec, Canada
$796M -$11.5M -76,560 -1%
TD Asset Management
28
TD Asset Management
Ontario, Canada
$765M -$438K -2,920 -0.1%
DCP
29
Durable Capital Partners
Maryland
$728M -$67M -446,820 -8%
Legal & General Group
30
Legal & General Group
United Kingdom
$720M +$14.2M +94,870 +2%
Brown Advisory
31
Brown Advisory
Maryland
$713M -$11.7M -78,330 -1%
BlackRock
32
BlackRock
New York
$668M -$16.7M -111,760 -2%
WRCM
33
Whale Rock Capital Management
Massachusetts
$656M -$88.7M -591,850 -11%
DVF
34
Discovery Value Fund
Singapore
$637M -$84.3M -562,280 -11%
Swiss National Bank
35
Swiss National Bank
Switzerland
$635M -$17.7M -118,000 -2%
Artisan Partners
36
Artisan Partners
Wisconsin
$629M +$117M +780,050 +20%
Susquehanna International Group
37
Susquehanna International Group
Pennsylvania
$617M +$7.41M +49,460 +1%
Mackenzie Financial
38
Mackenzie Financial
Ontario, Canada
$597M -$8.45M -56,420 -1%
GGHC
39
Gilder Gagnon Howe & Co
New York
$524M -$6.54M -43,630 -1%
Massachusetts Financial Services
40
Massachusetts Financial Services
Massachusetts
$502M -$3.25M -21,660 -0.6%
Alkeon Capital Management
41
Alkeon Capital Management
New York
$491M -$1.31M -8,740 -0.2%
CIBC Asset Management
42
CIBC Asset Management
Ontario, Canada
$461M -$8.34M -55,630 -2%
Wellington Management Group
43
Wellington Management Group
Massachusetts
$451M -$42.6M -284,530 -8%
ECU
44
Egerton Capital (UK)
United Kingdom
$437M +$195M +1,300,580 +68%
Caisse de Depot et Placement du Quebec (CDPQ)
45
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$406M -$227M -1,515,000 -34%
Wells Fargo
46
Wells Fargo
California
$401M +$55M +367,210 +14%
Goldman Sachs
47
Goldman Sachs
New York
$392M +$1.43M +9,570 +0.3%
American Century Companies
48
American Century Companies
Missouri
$389M +$61.4K +410 +0%
Geode Capital Management
49
Geode Capital Management
Massachusetts
$386M +$51M +340,410 +13%
FAM
50
Fred Alger Management
New York
$386M +$61.5M +410,470 +17%

SHOP Hedge Fund Activity: Q3 2021 in Review

1,225 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2021, worth a combined $104B — down 6.6% from $111B a quarter earlier.

Buyers outnumbered sellers: 122 funds opened new SHOP positions and 92 closed out — a net gain of 30 holders — while 500 added to existing stakes and 356 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $585M. The largest seller was ARK Investment Management, cutting an estimated $445M.

  • 1,225 institutional investors held Shopify (SHOP) as of Q3 2021, up from 1,208 in Q2 2021.
  • Funds reported $104B of Shopify stock for Q3 2021, down 6.6% quarter-over-quarter.
  • 122 funds opened new Shopify positions in Q3 2021 and 92 closed out, a net change of +30 holders.
  • The largest Shopify buyer in Q3 2021 was Fidelity Investments, an estimated $585M added.
  • The largest Shopify seller in Q3 2021 was ARK Investment Management, an estimated $445M sold.

Based on aggregated 13F filings for Q3 2021.