Shopify
SHOP
1,025 hedge funds and large institutions have $36.9B invested in Shopify in 2023 Q1 according to their latest regulatory filings, with 168 funds opening new positions, 359 increasing their positions, 334 reducing their positions, and 97 closing their positions.
73% more first-time investments, than exits
New positions opened: 168 | Existing positions closed: 97
36% more capital invested
Capital invested by funds: $27.1B → $36.9B (+$9.79B)
6% more funds holding in top 10
Funds holding in top 10: 33 → 35 (+2)
5% more funds holding
Funds holding: 972 → 1,025 (+53)
7% more repeat investments, than reductions
Existing positions increased: 359 | Existing positions reduced: 334
0.46% less ownership
Funds ownership: 64.67% → 64.21% (-0.46%)
8% less call options, than puts
Call options by funds: $1.68B | Put options by funds: $1.82B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$573M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$232M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$209M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$208M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$203M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
-$174M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$172M |
| 3 |
HCM
HMI Capital Management
San Francisco,
California
|
-$169M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$159M |
| 5 |
Barclays
London,
United Kingdom
|
-$150M |
SHOP Hedge Fund Activity: Q1 2023 in Review
1,025 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q1 2023, worth a combined $36.9B — up 36% from $27.1B a quarter earlier.
Buyers outnumbered sellers: 168 funds opened new SHOP positions and 97 closed out — a net gain of 71 holders — while 359 added to existing stakes and 334 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $573M. The largest seller was Holocene Advisors, exiting entirely with an estimated $174M sold.
- 1,025 institutional investors held Shopify (SHOP) as of Q1 2023, up from 972 in Q4 2022.
- Funds reported $36.9B of Shopify stock for Q1 2023, up 36% quarter-over-quarter.
- 168 funds opened new Shopify positions in Q1 2023 and 97 closed out, a net change of +71 holders.
- The largest Shopify buyer in Q1 2023 was JP Morgan Chase, an estimated $573M added.
- The largest Shopify seller in Q1 2023 was Holocene Advisors, an estimated $174M sold.
Based on aggregated 13F filings for Q1 2023.