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Shopify

1,259 hedge funds and large institutions have $66.6B invested in Shopify in 2024 Q3 according to their latest regulatory filings, with 155 funds opening new positions, 471 increasing their positions, 432 reducing their positions, and 97 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 155 | Existing positions closed: 97

27% more call options, than puts

Call options by funds: $3.02B | Put options by funds: $2.37B

24% more capital invested

Capital invested by funds: $53.8B → $66.6B (+$12.8B)

10% more funds holding in top 10

Funds holding in top 10: 3134 (+3)

4% more funds holding

Funds holding: 1,2091,259 (+50)

1.46% more ownership

Funds ownership: 67.17%68.63% (+1.5%)

9% more repeat investments, than reductions

Existing positions increased: 471 | Existing positions reduced: 432

Holders
1,259
Holders Change
+50
Holders Change %
+4.14%
% of All Funds
18.08%
Holding in Top 10
34
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+9.68%
% of All Funds
0.49%
New
155
Increased
471
Reduced
432
Closed
97
Calls
$3.02B
Puts
$2.37B
Net Calls
+$651M
Net Calls Change
-$154M
Name Holding Trade Value Shares
Change
Change in
Stake
SS
526
Sunbelt Securities
Texas
$1.16M +$7.25K +105 +0.7%
EAM
527
Eventide Asset Management
Massachusetts
$1.16M +$998K +14,456 New
Wealthfront Advisers
528
Wealthfront Advisers
California
$1.15M -$36.9K -534 -4%
TSW
529
Three Seasons Wealth
Utah
$1.15M +$258K +3,735 +35%
DG
530
DMC Group
Alabama
$1.14M -$84.6K -1,225 -8%
DAS
531
Diversify Advisory Services
Utah
$1.14M +$266K +3,857 +38%
MIC
532
Means Investment Company
Maine
$1.14M -$5.8K -84 -0.6%
WANY
533
Wealthspire Advisors (New York)
New York
$1.13M +$50K +724 +5%
Carson Wealth (CWM LLC)
534
Carson Wealth (CWM LLC)
Nebraska
$1.13M +$127K +1,832 +15%
AA
535
Ancora Advisors
Ohio
$1.13M +$2.42K +35 +0.2%
BCM
536
BlueMar Capital Management
Florida
$1.13M
BTWM
537
Baker Tilly Wealth Management
Wisconsin
$1.12M +$110K +1,598 +13%
GVAG
538
Great Valley Advisor Group
Delaware
$1.12M +$135K +1,952 +16%
CF
539
Copperwynd Financial
Arizona
$1.12M +$58.1K +841 +6%
IVP
540
Intrinsic Value Partners
Arizona
$1.11M -$4.35K -63 -0.5%
GKWIM
541
Gerber Kawasaki Wealth & Investment Management
California
$1.11M -$135K -1,952 -12%
PCIA
542
Prime Capital Investment Advisors
Kansas
$1.11M +$13.5K +195 +1%
NP
543
Nilsine Partners
Colorado
$1.1M -$54.4K -787 -5%
SGA
544
Seaport Global Advisors
Massachusetts
$1.1M
CA
545
Corrado Advisors
New Jersey
$1.09M
WI
546
WrapManager Inc
California
$1.09M +$115K +1,672 +14%
TSS
547
Two Sigma Securities
New York
$1.09M -$2.93M -42,371 -76%
AWA
548
Arkadios Wealth Advisors
Georgia
$1.08M +$25.3K +367 +3%
BMCM
549
Bryn Mawr Capital Management
Pennsylvania
$1.07M +$236K +3,418 +35%
AWM
550
Avior Wealth Management
Nebraska
$1.07M

SHOP Hedge Fund Activity: Q3 2024 in Review

1,259 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Shopify (SHOP) for Q3 2024, worth a combined $66.6B — up 24% from $53.8B a quarter earlier.

Buyers outnumbered sellers: 155 funds opened new SHOP positions and 97 closed out — a net gain of 58 holders — while 471 added to existing stakes and 432 trimmed.

The largest buyer was Capital International Investors, adding an estimated $585M. The largest seller was JP Morgan Chase, cutting an estimated $564M.

  • 1,259 institutional investors held Shopify (SHOP) as of Q3 2024, up from 1,209 in Q2 2024.
  • Funds reported $66.6B of Shopify stock for Q3 2024, up 24% quarter-over-quarter.
  • 155 funds opened new Shopify positions in Q3 2024 and 97 closed out, a net change of +58 holders.
  • The largest Shopify buyer in Q3 2024 was Capital International Investors, an estimated $585M added.
  • The largest Shopify seller in Q3 2024 was JP Morgan Chase, an estimated $564M sold.

Based on aggregated 13F filings for Q3 2024.