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Shopify

1,076 hedge funds and large institutions have $42.6B invested in Shopify in 2023 Q3 according to their latest regulatory filings, with 96 funds opening new positions, 391 increasing their positions, 379 reducing their positions, and 135 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more repeat investments, than reductions

Existing positions increased: 391 | Existing positions reduced: 379

1% less call options, than puts

Call options by funds: $1.95B | Put options by funds: $1.97B

0.73% less ownership

Funds ownership: 65.28%64.55% (-0.73%)

4% less funds holding

Funds holding: 1,1241,076 (-48)

16% less capital invested

Capital invested by funds: $50.6B → $42.6B (-$8.02B)

25% less funds holding in top 10

Funds holding in top 10: 4433 (-11)

29% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 135

Holders
1,076
Holders Change
-48
Holders Change %
-4.27%
% of All Funds
17.08%
Holding in Top 10
33
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-25%
% of All Funds
0.52%
New
96
Increased
391
Reduced
379
Closed
135
Calls
$1.95B
Puts
$1.97B
Net Calls
-$13.2M
Net Calls Change
+$389M
Name Holding Trade Value Shares
Change
Change in
Stake
CP
501
CenterBook Partners
Connecticut
$845K +$939K +15,493 New
GIA
502
Gladstone Institutional Advisory
Florida
$835K +$322K +5,306 +53%
Prudential Financial
503
Prudential Financial
New Jersey
$825K -$768K -12,679 -45%
MSFS
504
Main Street Financial Solutions
Pennsylvania
$824K +$106K +1,757 +13%
CAM
505
Claret Asset Management
Quebec, Canada
$821K
FA
506
FDx Advisors
Illinois
$820K -$945K -15,604 -51%
BBVA
507
Banco Bilbao Vizcaya Argentaria
Spain
$807K -$4.15M -68,430 -82%
XSC
508
X-Square Capital
Puerto Rico
$807K
SFA
509
Sequoia Financial Advisors
Ohio
$802K -$89.5K -1,477 -9%
MOS
510
MGO One Seven
Ohio
$794K +$282K +4,656 +47%
AA
511
Ancora Advisors
Ohio
$789K +$107K +1,770 +14%
MFS
512
Monetta Financial Services
Illinois
$786K
DA
513
Duality Advisers
Florida
$786K -$2.44M -40,213 -74%
AP
514
AtonRa Partners
Switzerland
$785K -$177K -2,920 -17%
BFEC
515
Benjamin F. Edwards & Company
Missouri
$784K -$2.3K -38 -0.3%
MIC
516
Means Investment Company
Maine
$775K -$13.6K -224 -2%
ADIM
517
Alpha DNA Investment Management
Maryland
$771K -$122K -2,019 -13%
KIG
518
Kennedy Investment Group
New Jersey
$768K +$1.82K +30 +0.2%
SW
519
Solidarity Wealth
Utah
$760K -$72.3K -1,193 -8%
FIM
520
Freedom Investment Management
Connecticut
$754K -$811K -13,385 -49%
WMP
521
Wealth Management Partners
Arizona
$753K +$47.3K +780 +6%
LOAMS
522
Lombard Odier Asset Management (Switzerland)
Switzerland
$749K +$831K +13,713 New
HI
523
Harbour Investments
Wisconsin
$747K +$69.3K +1,143 +9%
OAM
524
Oppenheimer Asset Management
New York
$742K +$824K +13,605 New
CM
525
CastleKnight Management
New York
$742K +$84.8K +1,400 +11%

SHOP Hedge Fund Activity: Q3 2023 in Review

1,076 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2023, worth a combined $42.6B — down 16% from $50.6B a quarter earlier.

Sellers outnumbered buyers: 135 funds closed out of SHOP and 96 opened new positions — a net loss of 39 holders — while 379 trimmed existing stakes and 391 added.

The largest buyer was JP Morgan Chase, adding an estimated $359M. The largest seller was Bank of Nova Scotia, cutting an estimated $367M.

  • 1,076 institutional investors held Shopify (SHOP) as of Q3 2023, down from 1,124 in Q2 2023.
  • Funds reported $42.6B of Shopify stock for Q3 2023, down 16% quarter-over-quarter.
  • 96 funds opened new Shopify positions in Q3 2023 and 135 closed out, a net change of -39 holders.
  • The largest Shopify buyer in Q3 2023 was JP Morgan Chase, an estimated $359M added.
  • The largest Shopify seller in Q3 2023 was Bank of Nova Scotia, an estimated $367M sold.

Based on aggregated 13F filings for Q3 2023.