Shopify
SHOP
460 hedge funds and large institutions have $15.4B invested in Shopify in 2019 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 160 increasing their positions, 131 reducing their positions, and 54 closing their positions.
70% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 54
56% more capital invested
Capital invested by funds: $9.9B → $15.4B (+$5.51B)
22% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 131
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
9.45% more ownership
Funds ownership: 751.92% → 761.37% (+9.5%)
8% more funds holding
Funds holding: 427 → 460 (+33)
27% less call options, than puts
Call options by funds: $720M | Put options by funds: $986M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$410M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$376M |
| 3 |
Morgan Stanley
New York
|
+$364M |
| 4 |
Renaissance Technologies
New York
|
+$126M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$118M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$339M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$231M |
| 3 |
CG
Carmignac Gestion
Paris,
France
|
-$119M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$97.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$52.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
501
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$13K | -950 | Closed |
|
502
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$4K | -290 | Closed |
|
|
EDRH
503
Edmond de Rothschild Holding
Chambesy,
Switzerland
| – | -$3K | -250 | Closed |
|
|
RWA
504
River Wealth Advisors
Camp Hill,
Pennsylvania
| – | -$2K | -150 | Closed |
|
|
DAM
505
Delta Asset Management
Memphis,
Tennessee
| – | -$2K | -140 | Closed |
|
|
BAM
506
Bruderman Asset Management
Locust Valley,
New York
| – | -$2K | -120 | Closed |
|
|
HR
507
Howe & Rusling
Rochester,
New York
| – | -$1K | -70 | Closed |
|
|
MSA
508
Marino Stram & Associates
Braintree,
Massachusetts
| – | -$2K | -70 | Closed |
|
|
WANY
509
Wealthspire Advisors (New York)
New York
| – | -$1K | -60 | Closed |
|
|
CA
510
Claro Advisors
Boston,
Massachusetts
| – | -$1K | -40 | Closed |
|
|
DWM
511
Destination Wealth Management
Walnut Creek,
California
| – | +$177 | +10 | New |
|
|
MC
512
Maplelane Capital
New York
| – | +$177 | +10 | New |
|
|
PP
513
Prudential plc
London, England,
United Kingdom
| – | +$10.1M | +572,510 | New |
|
SHOP Hedge Fund Activity: Q1 2019 in Review
460 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q1 2019, worth a combined $15.4B — up 56% from $9.9B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new SHOP positions and 54 closed out — a net gain of 38 holders — while 160 added to existing stakes and 131 trimmed.
The largest buyer was Vanguard Group, adding an estimated $410M. The largest seller was Coatue Management, cutting an estimated $339M.
- 460 institutional investors held Shopify (SHOP) as of Q1 2019, up from 427 in Q4 2018.
- Funds reported $15.4B of Shopify stock for Q1 2019, up 56% quarter-over-quarter.
- 92 funds opened new Shopify positions in Q1 2019 and 54 closed out, a net change of +38 holders.
- The largest Shopify buyer in Q1 2019 was Vanguard Group, an estimated $410M added.
- The largest Shopify seller in Q1 2019 was Coatue Management, an estimated $339M sold.
Based on aggregated 13F filings for Q1 2019.