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Shopify

1,147 hedge funds and large institutions have $51.9B invested in Shopify in 2022 Q1 according to their latest regulatory filings, with 153 funds opening new positions, 504 increasing their positions, 362 reducing their positions, and 342 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more call options, than puts

Call options by funds: $14.5B | Put options by funds: $7.36B

39% more repeat investments, than reductions

Existing positions increased: 504 | Existing positions reduced: 362

15% less funds holding

Funds holding: 1,3501,147 (-203)

17.79% less ownership

Funds ownership: 694.68%676.89% (-18%)

41% less funds holding in top 10

Funds holding in top 10: 8550 (-35)

52% less capital invested

Capital invested by funds: $107B → $51.9B (-$55.5B)

55% less first-time investments, than exits

New positions opened: 153 | Existing positions closed: 342

Holders
1,147
Holders Change
-203
Holders Change %
-15.04%
% of All Funds
18.09%
Holding in Top 10
50
Holding in Top 10 Change
-35
Holding in Top 10 Change %
-41.18%
% of All Funds
0.79%
New
153
Increased
504
Reduced
362
Closed
342
Calls
$14.5B
Puts
$7.36B
Net Calls
+$7.15B
Net Calls Change
+$3.92B
Name Holding Trade Value Shares
Change
Change in
Stake
NAMA
26
Nikko Asset Management Americas
New York
$540M +$152M +1,850,170 +30%
CIBC World Market
27
CIBC World Market
Ontario, Canada
$404M -$75.8M -923,050 -13%
Legal & General Group
28
Legal & General Group
United Kingdom
$396M +$52.4M +637,680 +12%
Brown Advisory
29
Brown Advisory
Maryland
$376M +$9.17M +111,670 +2%
Connor, Clark & Lunn Investment Management (CC&L)
30
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$362M -$44.9M -546,910 -9%
Fidelity International
31
Fidelity International
Bermuda
$350M -$429M -5,230,230 -50%
Swiss National Bank
32
Swiss National Bank
Switzerland
$341M +$48.6M +592,000 +13%
Bank of America
33
Bank of America
North Carolina
$341M +$196M +2,391,110 +90%
Artisan Partners
34
Artisan Partners
Wisconsin
$337M +$30.9M +376,390 +8%
Manulife (Manufacturers Life Insurance)
35
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$332M +$16.6M +201,830 +4%
Mackenzie Financial
36
Mackenzie Financial
Ontario, Canada
$313M -$35.7M -435,060 -9%
DCP
37
Durable Capital Partners
Maryland
$281M -$26.9M -327,790 -7%
Susquehanna International Group
38
Susquehanna International Group
Pennsylvania
$274M +$181M +2,206,380 +120%
American Century Companies
39
American Century Companies
Missouri
$251M +$25.1M +305,330 +9%
GGHC
40
Gilder Gagnon Howe & Co
New York
$241M -$11.7M -142,230 -4%
BAMCO Inc
41
BAMCO Inc
New York
$239M +$125M +1,525,540 +76%
AllianceBernstein
42
AllianceBernstein
Tennessee
$236M +$259M +3,151,520 +916%
Alkeon Capital Management
43
Alkeon Capital Management
New York
$236M -$7.15M -87,040 -2%
CIBC Asset Management
44
CIBC Asset Management
Ontario, Canada
$235M +$45.2K +550 +0%
FAM
45
Fred Alger Management
New York
$223M -$101M -1,229,510 -27%
WRCM
46
Whale Rock Capital Management
Massachusetts
$215M -$129M -1,572,690 -33%
Geode Capital Management
47
Geode Capital Management
Massachusetts
$214M +$9.83M +119,690 +4%
DVF
48
Discovery Value Fund
Singapore
$205M -$78.7M -958,550 -24%
Toronto Dominion Bank
49
Toronto Dominion Bank
Ontario, Canada
$200M -$123M -1,498,240 -34%
BCIM
50
British Columbia Investment Management
British Columbia, Canada
$190M +$54M +657,230 +30%

SHOP Hedge Fund Activity: Q1 2022 in Review

1,147 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q1 2022, worth a combined $51.9B — down 52% from $107B a quarter earlier.

Sellers outnumbered buyers: 342 funds closed out of SHOP and 153 opened new positions — a net loss of 189 holders — while 362 trimmed existing stakes and 504 added.

The largest buyer was Loomis, Sayles & Company, adding an estimated $1.02B. The largest seller was Fidelity Investments, cutting an estimated $1.69B.

  • 1,147 institutional investors held Shopify (SHOP) as of Q1 2022, down from 1,350 in Q4 2021.
  • Funds reported $51.9B of Shopify stock for Q1 2022, down 52% quarter-over-quarter.
  • 153 funds opened new Shopify positions in Q1 2022 and 342 closed out, a net change of -189 holders.
  • The largest Shopify buyer in Q1 2022 was Loomis, Sayles & Company, an estimated $1.02B added.
  • The largest Shopify seller in Q1 2022 was Fidelity Investments, an estimated $1.69B sold.

Based on aggregated 13F filings for Q1 2022.