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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
WPW
551
Watershed Private Wealth
Illinois
$1.06M +$4.01K +58 +0.4%
OP
552
ORG Partners
Indiana
$1.05M -$201K -2,911 -18%
SLI
553
Sumitomo Life Insurance
Japan
$1.05M +$24.7K +357 +3%
TA
554
Tectonic Advisors
Texas
$1.05M +$198K +2,870 +28%
AF
555
Allworth Financial
California
$1.03M +$4.7K +68 +0.5%
WIA
556
World Investment Advisors
California
$1.02M +$468K +6,776 +113%
GCP
557
GSA Capital Partners
United Kingdom
$1.01M +$871K +12,617 New
QI
558
Qtron Investments
Massachusetts
$1.01M
EWA
559
EP Wealth Advisors
California
$1M +$180K +2,602 +26%
MIF
560
Mediolanum International Funds
Ireland
$992K
HH
561
Hilltop Holdings
Texas
$990K +$358K +5,185 +72%
VWM
562
Venturi Wealth Management
Texas
$988K -$122K -1,772 -13%
CWM
563
Calamos Wealth Management
Illinois
$982K +$846K +12,252 New
FA
564
Fiduciary Alliance
South Carolina
$982K +$105K +1,519 +14%
CWM
565
Cornerstone Wealth Management
Missouri
$964K
SLAM
566
Swiss Life Asset Management
$964K +$831K +12,036 New
KJHP
567
K.J. Harrison & Partners
Ontario, Canada
$961K +$803K +11,630 New
CCA
568
Cravens & Co Advisors
Tennessee
$951K -$86K -1,245 -9%
FIM
569
Freedom Investment Management
Connecticut
$950K -$86.1K -1,246 -10%
CWS
570
Confluence Wealth Services
Pennsylvania
$947K -$13K -188 -2%
ECM
571
Evergreen Capital Management
Washington
$946K +$89.6K +1,298 +12%
WC
572
Woodstock Corp
Massachusetts
$945K
ACH
573
ArrowMark Colorado Holdings
Colorado
$938K
RC
574
Roundview Capital
New Jersey
$934K -$88.4K -1,280 -10%
AFM
575
Abbot Financial Management
Massachusetts
$934K +$17.3K +251 +2%

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.