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972 hedge funds and large institutions have $27.1B invested in Shopify in 2022 Q4 according to their latest regulatory filings, with 202 funds opening new positions, 274 increasing their positions, 357 reducing their positions, and 96 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more first-time investments, than exits

New positions opened: 202 | Existing positions closed: 96

41% more capital invested

Capital invested by funds: $19.2B → $27.1B (+$7.86B)

27% more funds holding in top 10

Funds holding in top 10: 2633 (+7)

12% more call options, than puts

Call options by funds: $1.93B | Put options by funds: $1.72B

10% more funds holding

Funds holding: 883972 (+89)

3.63% more ownership

Funds ownership: 61.04%64.67% (+3.6%)

23% less repeat investments, than reductions

Existing positions increased: 274 | Existing positions reduced: 357

Holders
972
Holders Change
+89
Holders Change %
+10.08%
% of All Funds
15.62%
Holding in Top 10
33
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+26.92%
% of All Funds
0.53%
New
202
Increased
274
Reduced
357
Closed
96
Calls
$1.93B
Puts
$1.72B
Net Calls
+$213M
Net Calls Change
-$4.92B
Name Holding Trade Value Shares
Change
Change in
Stake
CIBC World Market
26
CIBC World Market
Ontario, Canada
$229M +$9.31M +272,719 +4%
National Bank of Canada
27
National Bank of Canada
Quebec, Canada
$227M +$186M +5,432,801 +485%
TD Asset Management
28
TD Asset Management
Ontario, Canada
$225M -$52.6M -1,540,521 -19%
NMO
29
Newlands Management Operations
Texas
$220M +$216M +6,325,050 New
JP Morgan Chase
30
JP Morgan Chase
New York
$217M +$3.7M +108,437 +2%
Connor, Clark & Lunn Investment Management (CC&L)
31
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$211M +$31.3M +917,766 +18%
Legal & General Group
32
Legal & General Group
United Kingdom
$197M -$12.8M -375,333 -6%
Bank of New York Mellon
33
Bank of New York Mellon
New York
$184M +$56.3M +1,649,323 +45%
Canada Pension Plan Investment Board
34
Canada Pension Plan Investment Board
Ontario, Canada
$176M +$8.54M +250,000 +5%
Holocene Advisors
35
Holocene Advisors
New York
$174M +$171M +5,019,839 New
Swiss National Bank
36
Swiss National Bank
Switzerland
$174M -$4.55M -133,110 -3%
Goldman Sachs
37
Goldman Sachs
New York
$171M +$81M +2,372,395 +93%
HCM
38
HMI Capital Management
California
$169M -$66.8M -1,957,722 -29%
Manulife (Manufacturers Life Insurance)
39
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$165M -$876K -25,667 -0.5%
ACA
40
Abdiel Capital Advisors
New York
$164M -$19.8M -578,424 -11%
Brown Advisory
41
Brown Advisory
Maryland
$159M -$16.9M -495,273 -10%
Mackenzie Financial
42
Mackenzie Financial
Ontario, Canada
$152M -$2.76M -80,714 -2%
ZCI
43
Zevenbergen Capital Investments
Washington
$130M -$1.5M -44,032 -1%
Geode Capital Management
44
Geode Capital Management
Massachusetts
$128M +$3.82M +111,778 +3%
CIBC Asset Management
45
CIBC Asset Management
Ontario, Canada
$118M +$9.04M +264,764 +8%
ACM
46
Ashe Capital Management
New Jersey
$110M -$6.15M -180,245 -5%
SC
47
Strategy Capital
California
$110M +$2.29M +67,006 +2%
BlackRock
48
BlackRock
New York
$98.2M +$7.49M +219,338 +8%
Assenagon Asset Management
49
Assenagon Asset Management
Luxembourg
$97.9M +$94.4M +2,765,459 +5,093%
Fisher Asset Management
50
Fisher Asset Management
Washington
$95.7M -$13.1M -383,717 -12%

SHOP Hedge Fund Activity: Q4 2022 in Review

972 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q4 2022, worth a combined $27.1B — up 41% from $19.2B a quarter earlier.

Buyers outnumbered sellers: 202 funds opened new SHOP positions and 96 closed out — a net gain of 106 holders — while 274 added to existing stakes and 357 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $341M. The largest seller was SRS Investment Management, cutting an estimated $358M.

  • 972 institutional investors held Shopify (SHOP) as of Q4 2022, up from 883 in Q3 2022.
  • Funds reported $27.1B of Shopify stock for Q4 2022, up 41% quarter-over-quarter.
  • 202 funds opened new Shopify positions in Q4 2022 and 96 closed out, a net change of +106 holders.
  • The largest Shopify buyer in Q4 2022 was Capital Research Global Investors, an estimated $341M added.
  • The largest Shopify seller in Q4 2022 was SRS Investment Management, an estimated $358M sold.

Based on aggregated 13F filings for Q4 2022.